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MLS® N14119826
Richmond Hill, ON
ATTENTION BUILDERS, DEVELOPERS & INVESTORS - DON'T MISS THIS RARE OPPORTUNITY!A rare opportunity to acquire a substantial infill development site in the highly desirable Yonge Street and Elgin Mills corridor of Richmond Hill. Featuring an impressive 102 x 212 ft lot, this property offers significant redevelopment potential in a supply-constrained market. The proposed development envisions 10 to 11 spacious, freehold townhomes, each approximately2,000 sq. ft., featuring three-storey layouts, attached single-car garages, and private rooftop terraces. A site plan is available for review. The property may also offer potential for a purpose-built rental apartment development through the CMHC (Canadian Housing And Mortgage Corporation) purpose built rental Program! Ideally located just steps from Yonge Street, the property offers convenient access to public transit, shopping, schools, parks, Mill Pond, the hospital, and a wide range of everyday amenities. The existing homes may also provide rental income during the holding period, subject to their condition and applicable requirements. A PRIME INFILL OPPORTUNITY WITH MULTIPLE DEVELOPMENT POSSIBILITIES. Whether you're a builder looking for your next townhouse project, a developer exploring purpose-built rental housing, oran investor seeking long-term value, this property deserves your immediate attention. Opportunities like this are rare - secure your position in one of Richmond Hill's desirable growth corridors. Bring your vision, explore the possibilities, and take the next step toward your next successful project!
Inclusions
All Existing Light Fixtures, All Existing Appliances, All Existing Window Coverings.
Exclusions
None
Broker
RE/MAX REALTRON REALTY INC.
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Detached
281 Elgin Mills Road W Richmond Hill
Richmond Hill
Type
Detached
Basement
Full
Parking
Other (11)
Property Tax
~$8,019/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
North
Parking
Other (11)
Finances
List Price
$2,199,000
Price per SQFT
$2,443/sqft
Property Tax
~$8,019/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Basement
Full
Living & Amenities
Heating Type
Forced Air
Features
Other
Policies & Utilities
Neighbourhood
Richmond Hill
Listed On
Oct 27, 2026
Greenbelt/Conservation
Hospital
Library
Ravine
School Bus Route
Days on Market
Current: 11 days
Window
13.1 x 10.2
133 sqft
Window, Closet
6.9 x 6.6
45 sqft
6.1 x 6.9
42 sqft
Window, Closet
6.2 x 6.6
41 sqft
6.9 x 5.9
41 sqft
Rooms
5
Listed Room Area
302 sqft
Source
Estimated from MLS room dimensions
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