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.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Single Family Residential
Region
York Region
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Last updated by owner on May 8, 2023.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: York Region
Home facts updated by public records on May 7, 2023
Around this home
Schools
0.5km
Silver Pines Public School
Public, JK-8 • Assigned
1.3km
St Theresa of Lisieux Catholic High School
Public, 9-12 • Assigned
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Lifestyle
Provided by Walk Score and Local Logic
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