REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,900,000
Est. payment | /mo
5 Beds
4 Baths
$ 5,900,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Westbrook
MLS Listing ID N12950698
Style Bungalow
Bedrooms 5
Annual Tax Amount $15,234
Tax Year 2026
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County York
Area York
Rooms
Family Room No
Basement Partially Finished
Kitchen 1
Interior
Interior Features Other
Cooling Central Air
Exterior
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Unknown
Lot Frontage 183.67
Lot Depth 186.07
Total Parking Spaces 7
Building
Foundation Unknown
Others
Senior Community Yes
ParcelsYN Yes
Listed by KW Living Realty
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty