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
Bed 5
Bath 4
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.
N12950698
Type
Residential Freehold
Sub Type
Detached
Bedrooms
5
Bathrooms
4
Parking
7.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
N12950698
Living Area Range
5000 +
Total Bedrooms
5
Bedrooms Above Grade
5
Total Bathrooms
4
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
10
Interior Features
Other
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Unknown
Lot Width
183.67
Parking Features
Private
Parking Total
7.0
Covered Spaces
2.0
Garage Type
Built-In
Garage
Yes
Pool
None
Direction Facing
South
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
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 Rd West
Directions
Yonge St/Elgin Mills Rd 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
2026-04-02T14:59:01Z
Media Updated
2026-04-02T14:59:01Z
Photos Updated
2026-04-02T14:59:01Z
Last Modified
2026-04-24T15:13:35Z
System Modified
2026-04-24T15:13:35.026952Z
MLS Status
New
Architectural Style
Bungalow
Basement
Partially Finished
Co List Office Name
KW Living Realty
Ddfyn
No
Expiration Date
2026-06-02
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
In Addition To
Link Yn
No
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
5
Property Features
Library, Park, Public Transit, Rec./Commun.Centre, School
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.
