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    13042 Yonge Street, Richmond Hill, ON L4E 1A3

    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    13042 Yonge Street, Richmond Hill, ON L4E 1A3
    For Sale Active Commercial

    13042 Yonge Street, Richmond Hill, ON L4E 1A3

    $39,900,000

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    13042 Yonge Street, Richmond Hill, ON L4E 1A3, Richmond Hill, ON
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      0.6 sqft

    13042 Yonge Street Picasso Place is located in the heart of Oak Ridges, a well-established and growing community in Richmond Hill known for its family-friendly atmosphere, excellent amenities, and proximity to nature. The area offers a rare balance of suburban charm and urban accessibility, making it highly desirable for both residents and investors. Positioned directly on Yonge Street, one of the GTAs busiest and most prominent thoroughfares, the property benefits from outstanding visibility and connectivity. Residents have access to York Region Transit bus routes and nearby GO Transit, providing convenient connections throughout Richmond Hill and to downtown Toronto. The area is supported by strong demographics, with high household incomes and strong consumer spending power, contributing to a stable and thriving community. This provides a solid foundation for long-term tenant demand and investment security. The building features 64 residential suites, including 47 one- bedroom units, 15 two-bedrooms, and 2 two-bedroom units with oversized terraces. Amenities include high ceilings, lockers on each floor, bike racks, a full gym, and a rooftop green deck designed for resident enjoyment. Nearby, residents can explore the natural beauty of Lake Wilcox or take advantage of the 56,000 SF Oak Ridges Community Centre, which features a pool, water slide, fitness facilities, and programming for all ages. The property is equipped with SmartOne technology, giving residents access to cameras, alarm settings, thermostat control, and visitor access via in-suite wall pads. Bell Fibre optic Internet is also integrated through SmartOne. Currently self-managed, tenants are carefully qualified, ensuring a well-maintained and secure environment. Picasso Place presents an exceptional opportunity in one of Richmond Hills most sought-after locations.

    Property Highlights

    For Sale
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      MLS NO.

      N12185248

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      Type

      Commercial

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      Sub Type

      Investment

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      Square Footage

      0.6 sqft

    Complete Property Details

    Property Type Commercial
    Sub Type Investment
    Transaction Type For Sale
    Status Active
    Contract Status Available
    MLS® Number N12185248
    Security Features Yes
    Lot Width 100.1
    Lot Size 0.6
    Lot Size Units Acres
    Garage Type Underground
    Cooling Yes
    Heat Type Gas Forced Air Open
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 13042 Yonge Street, Richmond Hill, ON L4E 1A3
    City Richmond Hill
    Neighbourhood Oak Ridges
    County / Region York
    Province / State ON
    Postal Code L4E 1A3
    Cross Street Aubrey Ave / Yonge St and King Rd / Yonge St
    Directions Aubrey Ave / Yonge St and King Rd / Yonge St
    List Price $39,900,000
    Annual Taxes $122,535
    Tax Year 2025
    Legal Description PLAN 202 PT LOT 13
    Possession Type Flexible
    Listing Office COLLIERS
    Board Toronto Regional Real Estate Board
    Original Entry 2025-05-30T18:08:39Z
    Media Updated 2025-06-03T19:51:12Z
    Photos Updated 2025-06-03T19:51:12Z
    Last Modified 2025-09-23T10:35:56Z
    System Modified 2025-10-21T23:19:43.535598Z
    MLS Status Price Change
    Basement Yn No
    Co List Office Name COLLIERS
    Ddfyn Yes
    Expiration Date 2026-01-30
    Heat Type Multi Gas Forced Air Open
    Hstapplication In Addition To
    Occupant Type Tenant
    Originating System Id A00001796
    Parcel Number 031980200
    Public Remarks 13042 Yonge Street Picasso Place is located in the heart of Oak Ridges, a well-established and growing community in Richmond Hill known for its family-friendly atmosphere, excellent amenities, and proximity to nature. The area offers a rare balance of suburban charm and urban accessibility, making it highly desirable for both residents and investors. Positioned directly on Yonge Street, one of the GTAs busiest and most prominent thoroughfares, the property benefits from outstanding visibility and connectivity. Residents have access to York Region Transit bus routes and nearby GO Transit, providing convenient connections throughout Richmond Hill and to downtown Toronto. The area is supported by strong demographics, with high household incomes and strong consumer spending power, contributing to a stable and thriving community. This provides a solid foundation for long-term tenant demand and investment security. The building features 64 residential suites, including 47 one- bedroom units, 15 two-bedrooms, and 2 two-bedroom units with oversized terraces. Amenities include high ceilings, lockers on each floor, bike racks, a full gym, and a rooftop green deck designed for resident enjoyment. Nearby, residents can explore the natural beauty of Lake Wilcox or take advantage of the 56,000 SF Oak Ridges Community Centre, which features a pool, water slide, fitness facilities, and programming for all ages. The property is equipped with SmartOne technology, giving residents access to cameras, alarm settings, thermostat control, and visitor access via in-suite wall pads. Bell Fibre optic Internet is also integrated through SmartOne. Currently self-managed, tenants are carefully qualified, ensuring a well-maintained and secure environment. Picasso Place presents an exceptional opportunity in one of Richmond Hills most sought-after locations.
    Showing Requirements List Salesperson
    Street Name Yonge
    Street Number 13042
    Street Suffix Street
    Vendor Property Info Statement No