5
Bedrooms
2 + 2 half
Bathrooms
7
Parking
About This Property
This 5-bedroom, 4-bathroom detached in Richmond Hill is available for your consideration. The property has cross street Yonge St/Elgin Mills Rd West. The home features gas heating, central air, a partially finished basement, a fireplace. Highlights include a 2-car garage.
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. Information package available upon request.
Property History
MLS# N12950698| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Apr 2, 2026 | Listed For Sale | N12950698 | $5,900,000 | — |
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Overview
Property Typeresidential
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