429 16th Avenue, Richmond Hill, ON L4C 7A7, Richmond Hill, ON
Bed 3
Bath 1
Prime Development Opportunity! Zoned for Mixed-Use Development with Montessori School Opportunity Located On 16th Avenue In A Highly Sought-After Area, This Exceptional Property With 82 Feet Frontage Offers Outstanding Potential For Development. Previously Zoned R6 (Permitting Two Detached Houses In The Back) And SR-1 In The Front, The Property Now Features Enhanced Versatility With Institutional Zoning For The SR-1 Portion, Allowing For Residential Use Or A Day Nursery. The Site Plan Approval (SPA) And Permits Including Demolition, Site Servicing, And Building Permits Are Ready To Be Transferred To The New Owner (For An Applicable Fee) For A Montessori School Project. The Plans Allow For A Capacity Of 80 Students, Expandable To 90 Students, And Include 4 Classrooms, 3 Administrative Offices, A Full-Service Kitchen, Indoor/Outdoor Play Areas, And 16 Parking Spaces. These Ready-To-Build Plans Provide A Seamless Development Path While Allowing Flexibility For Other Uses Within The Existing Zoning.With The Simultaneous Sale Of The Adjacent Property, This Site Presents A Rare Land Assembly Opportunity, Ideal For Large-Scale Residential, Commercial, Or Mixed-Use Developments. Located In The Heart Of A Rapidly Growing Development District And Surrounded By Vibrant Neighbourhoods, This Property Offers Unparalleled Potential For Developers, Investors, Or Educational Institutions.Don't Miss The Chance To Secure A Key Piece Of Real Estate In One Of Richmond Hill's Most Dynamic And Fast-Growing Areas! **EXTRAS** Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL
Property Highlights
For Sale
MLS NO.
N11947560
Type
Residential Freehold
Sub Type
Detached
Bedrooms
3
Bathrooms
1
Parking
12.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
N11947560
Total Bedrooms
3
Bedrooms Above Grade
3
Total Bathrooms
1
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
7
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Vinyl Siding
Roof
Asphalt Shingle
Lot Width
82.7
Parking Features
Private
Parking Total
12.0
Covered Spaces
2.0
Garage Type
Detached
Garage
Yes
Pool
None
Direction Facing
South
Cooling
Central Air
Cooling Installed
Yes
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
429 16th Avenue, Richmond Hill, ON L4C 7A7
City
Richmond Hill
Neighbourhood
Langstaff
County / Region
York
Province / State
ON
Postal Code
L4C 7A7
Cross Street
Yonge & 16th
Country
CA
List Price
$3,780,000
Annual Taxes
$9,563
Tax Year
2024
Legal Description
PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL
Possession Details
TBD
Listing Office
RE/MAX HALLMARK REALTY LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2025-01-30T18:18:33Z
Media Updated
2025-01-31T17:02:21Z
Photos Updated
2025-01-31T17:02:21Z
Last Modified
2025-06-25T14:28:25Z
System Modified
2025-10-12T08:34:36.008669Z
MLS Status
Terminated
Architectural Style
Bungalow
Basement
Partially Finished
Board Property Type
Free
Ddfyn
Yes
Expiration Date
2025-09-30
Foundation Details
Block
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Heating Yn
Yes
Hstapplication
No
Link Yn
No
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
031110487
Parking Spaces
10
Public Remarks
Prime Development Opportunity! Zoned for Mixed-Use Development with Montessori School Opportunity Located On 16th Avenue In A Highly Sought-After Area, This Exceptional Property With 82 Feet Frontage Offers Outstanding Potential For Development. Previously Zoned R6 (Permitting Two Detached Houses In The Back) And SR-1 In The Front, The Property Now Features Enhanced Versatility With Institutional Zoning For The SR-1 Portion, Allowing For Residential Use Or A Day Nursery. The Site Plan Approval (SPA) And Permits Including Demolition, Site Servicing, And Building Permits Are Ready To Be Transferred To The New Owner (For An Applicable Fee) For A Montessori School Project. The Plans Allow For A Capacity Of 80 Students, Expandable To 90 Students, And Include 4 Classrooms, 3 Administrative Offices, A Full-Service Kitchen, Indoor/Outdoor Play Areas, And 16 Parking Spaces. These Ready-To-Build Plans Provide A Seamless Development Path While Allowing Flexibility For Other Uses Within The Existing Zoning.With The Simultaneous Sale Of The Adjacent Property, This Site Presents A Rare Land Assembly Opportunity, Ideal For Large-Scale Residential, Commercial, Or Mixed-Use Developments. Located In The Heart Of A Rapidly Growing Development District And Surrounded By Vibrant Neighbourhoods, This Property Offers Unparalleled Potential For Developers, Investors, Or Educational Institutions.Don't Miss The Chance To Secure A Key Piece Of Real Estate In One Of Richmond Hill's Most Dynamic And Fast-Growing Areas! **EXTRAS** Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL
