282-292 Elgin Mills Road W, Richmond Hill, ON L4C 4M2
$5,900,000
282-292 Elgin Mills Road W, Richmond Hill, ON L4C 4M2, Richmond Hill, ON
0.749 sqft
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.
Property Highlights
For Sale
MLS NO.
N12950608
Type
Commercial
Sub Type
Land
Square Footage
0.749 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
N12950608
Security Features
No
Lot Width
183.67
Lot Size Units
Acres
Garage Type
None
Cooling
No
Heat Type
None
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
282-292 Elgin Mills Road W, Richmond Hill, ON L4C 4M2
City
Richmond Hill
Neighbourhood
Westbrook
County / Region
York
Province / State
ON
Postal Code
L4C 4M2
Cross Street
Yonge St /Elgin Mills Road West
Directions
Yonge St /Elgin Mills Road West
Country
CA
List Price
$5,900,000
Annual Taxes
$15,234
Tax Year
2026
Legal Description
FIRSTLY: PART LOT 13, PLAN 2404 VAUGHAN, PART 4 PLAN 65R12364; TOGETHER WITH AN EASEMENT OVER YORK REGION COMMON ELEMENTS CONDOMINIUM PLAN NO. 1416 AS IN YR2995770; SECONDLY: LOT 14, PLAN 2404, SAVE & EXCEPT PART 6 EXPROP PLAN 8200 AS AMENDED BY PLAN 8268, PARTS 1 & 2 PLAN 65R19396 & PART 1 EXPROP PLAN D772 TOGETHER WITH AN EASEMENT OVER YORK REGION COMMON ELEMENTS CONDOMINIUM PLAN NO. 1416 AS IN YR2995770
Possession Type
Immediate
Possession Details
TBA
Listing Office
KW Living Realty
Board
Toronto Regional Real Estate Board
Original Entry
2026-04-02T14:52:28Z
Media Updated
2026-04-02T14:52:28Z
Photos Updated
2026-04-02T14:52:28Z
Last Modified
2026-04-21T21:35:26Z
System Modified
2026-04-21T21:35:26.319323Z
MLS Status
New
Basement Yn
No
Co List Office Name
KW Living Realty
Ddfyn
Yes
Expiration Date
2026-06-02
Heat Type Multi
None
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Public Remarks
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.
