0.749 ac
Building Area
About This Property
This land in Richmond Hill offers 0.749 ac of building area. The property has cross street Yonge St /Elgin Mills Road West, zoned Residential. The home features no.
MLS Remarks
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.
Property History
MLS# N12950608| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Apr 2, 2026 | Listed For Sale | N12950608 | $5,900,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
Property Typecommercial
Sub-Type
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