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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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282-292 Elgin Mills Road W Richmond Hill
For SaleRichmond Hill

282-292 Elgin Mills Road W Richmond Hill, Land for Sale

MLS® N12950608

Richmond Hill, ON

219 days on market
$5,900,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1Sqft
N/AParking
Land

Overview· 282-292 Elgin Mills Road W Richmond Hill

MLS® #N12950608

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.

Broker

KW Living Realty

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Walk Score®57Somewhat WalkableSomewhat Walkable
Transit Score®47Some TransitSome Transit
Bike Score®44Somewhat 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· 282-292 Elgin Mills Road W Richmond Hill

Source: MLS® listing data
282-292 Elgin Mills Road W Richmond Hill

Land

282-292 Elgin Mills Road W Richmond Hill

Richmond Hill

Type

Land

Parking

None

Property Tax

~$15,234/yr

Heating

None

Buying Essentials

Square Feet

1 sqft

Parking

None

Finances

List Price

$5,900,000

Price per SQFT

$5,900,000/sqft

Property Tax

~$15,234/yr

Property Specs

Property Type

Land

MLS Size

1 sqft

Living & Amenities

Heating Type

None

Policies & Utilities

Neighbourhood

Richmond Hill

Listed On

Apr 2, 2026

Price & Listing History

Days on Market

Current: 219 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 282-292 Elgin Mills Road W Richmond Hill.

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

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$23,731/mo
Property Tax$1,270/mo
Total Monthly$25,000

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

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