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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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196 Elgin Mills Road W Richmond Hill
For SaleRichmond Hill

196 Elgin Mills Road W Richmond Hill, Land for Sale

MLS® N12552200

Richmond Hill, ON

355 days on market
$4,500,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1Sqft
N/AParking
Land

Overview· 196 Elgin Mills Road W Richmond Hill

MLS® #N12552200

This nearly 1-acre site, with 123 feet of frontage, is located directly across from Yonge Street Offering exceptional potential for residential development. Draft plan approved for 14 freehold townhouses and 2 detached homes, with townhouse sizes starting at 1,700 sq. ft. and detached homes exceeding 4,500 sq. ft. Currently, there is an existing detached house on Cooperage Crescent, and site plan approval is expected within the year. This is your chance to invest in one of Richmond Hills most sought-after areas. Dont miss out on this lucrative opportunity!

Broker

VANGUARD REALTY BROKERAGE CORP.

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Walk Score®65Somewhat WalkableSomewhat Walkable
Transit Score®49Some TransitSome Transit
Bike Score®49Somewhat BikeableSomewhat Bikeable
Schools6710 schools within 1.5 km · nearest 573 m10 schools within 1.5 km · nearest 573 m
Parks747 parks within 1 km · nearest 255 m7 parks within 1 km · nearest 255 m
Convenience4011 groceries, cafes and pharmacies within 1 km · nearest 438 m11 groceries, cafes and pharmacies within 1 km · nearest 438 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 196 Elgin Mills Road W Richmond Hill

Source: MLS® listing data
196 Elgin Mills Road W Richmond Hill

Land

196 Elgin Mills Road W Richmond Hill

Richmond Hill

Type

Land

Property Tax

~$15,910/yr

Buying Essentials

Square Feet

1 sqft

Finances

List Price

$4,500,000

Price per SQFT

$4,500,000/sqft

Property Tax

~$15,910/yr

Property Specs

Property Type

Land

MLS Size

1 sqft

Policies & Utilities

Neighbourhood

Richmond Hill

Listed On

Nov 17, 2025

Price & Listing History

Days on Market

Current: 355 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 196 Elgin Mills Road W Richmond Hill.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$18,100/mo
Property Tax$1,326/mo
Total Monthly$19,426

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0