$5,900,000
Available - For Sale
Listing ID: N12950608
282-292 Elgin Mills Road West , Richmond Hill, L4C 4M2, York
| Rare opportunity to acquire a fully approved 15 unit townhouse development in the highly desirable Yonge & Elgin Mills corridor in Richmond Hill. This project features Zoning By-law Amendment (ZBA) and Site Plan Approval (SPA) in place, significantly reducing entitlement risk and saving 3 to 4 years of planning timeline for the buyer. The proposed development consists of 15 large format 3-storey POTL townhomes (9 three-bedroom and 6 four-bedroom units) with attached garages, private outdoor spaces, and roof terraces. Total buildable area is approximately 41,335 sq ft. Located in a premium infill location with strong end user demand, the site benefits from proximity to Yonge Street transit, top rated schools, parks, and major amenities. Existing properties on site generate rental income during holding period. Ideal for mid sized builders, developers, or investors seeking a shovel ready project in a supply constrained market. Vendor open to sale or joint venture structure. Information package available upon request. |
| Price | $5,900,000 |
| Taxes: | $15234.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 282-292 Elgin Mills Road West , Richmond Hill, L4C 4M2, York |
| Postal Code: | L4C 4M2 |
| Province/State: | York |
| Legal Description: | FIRSTLY: PART LOT 13, PLAN 2404 VAUGHAN, |
| Directions/Cross Streets: | Yonge St /Elgin Mills Road West |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Use: | Residential |
| Building Percentage: | T |
| Total Area: | 0.75 |
| Total Area Code: | Acres |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | None |
| Central Air Conditioning: | No |
| Sewers: | None |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KW Living Realty |
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Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | Westbrook |
| Tax: | $15,234 |
| Fireplace: | N |
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