282-292 Elgin Mills Rd W - Residential LAND FOR SALE


Richmond Hill, ON L4C 9L6 32,234 SF
$5,600,000 CAD
905-474-0500
282-292 Elgin Mills Rd W, Richmond Hill, ON for Sale
$5,600,000 CAD
Residential LAND - FOR SALE
1/1
32,234 SF

282-292 Elgin Mills Rd W
Richmond Hill, ON L4C 9L6


OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$5,600,000 CAD

PRICE/ACRE

$7,567,568/AC

PRICE/SF

$174 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.74 AC

LAND SF

32,234 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM1 Zone

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anita HuangLiving Realty Inc., BrokerageMore Info
905-474-0500

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Anita HuangLiving Realty Inc., BrokerageMore Info
905-474-0500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.