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MLS® N13474678

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size 1 sqft
Garage 
Taxes $15,910
Days Active 0
Lot Size 0.95 Acres
Approx. Age 
Avg. Price Per Sqft $3,999,000
MLS® Number N13474678

Property Address: 196 Elgin Mills Rd W, Richmond Hill, ON, L4C4M2

Average square foot calculated using Size range provided by listing agent.

Description

This property is under Power of sale. 0.95 acre of land together with an existing detached residence of approximately 3, 000 sq.ft. with a double-car garage - 41 Cooperage Cres (61.51 x164.49), providing potential rental income or interim use while pursuing future development plans. Previous development concepts contemplated approximately 14 townhouse units and 2 detached dwellings (buyer to conduct their own due diligence and verify all development potential with the municipality). An exceptional opportunity for developers, investors, land bankers and builders. Generate holding income from the existing residence while advancing planning applications, site plan approvals, redevelopment proposals, or potential future land assembly opportunities. Properties of this size and location rarely become available, and even more rarely under Power of Sale. Whether your strategy is redevelopment, investment, land banking, or assembly, this property offers significant upside potential in a highly desirable Richmond Hill location. Sold on an "As Is, Where Is" basis. Buyer to conduct their own due diligence regarding zoning, planning, development potential, permitted uses, and all other matters. However, Historical planning, engineering, and development-related materials may be available for review. (id:58753)Show Description
MLS® NumberN13474678
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
196 Elgin Mills Rd W, Richmond Hill, ON

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