Detached Home for Sale: 281 Elgin Mills Road, Mill Pond, Richmond Hill
- 3 beds |
- 3 baths |
- 700-1100 SQFT
Description
Residential Freehold Detached For Sale.
ATTENTION BUILDERS, DEVELOPERS & INVESTORS - DON'T MISS THIS RARE OPPORTUNITY!A rare opportunity to acquire a substantial infill development site in the highly desirable Yonge Street and Elgin Mills corridor of Richmond Hill. Featuring an impressive 102 x 212 ft lot, this property offers significant redevelopment potential in a supply-constrained market. The proposed development envisions 10 to 11 spacious, freehold townhomes, each approximately2,000 sq. ft., featuring three-storey layouts, attached single-car garages, and private rooftop terraces. A site plan is available for review. The property may also offer potential for a purpose-built rental apartment development through the CMHC (Canadian Housing And Mortgage Corporation) purpose built rental Program! Ideally located just steps from Yonge Street, the property offers convenient access to public transit, shopping, schools, parks, Mill Pond, the hospital, and a wide range of everyday amenities. The existing homes may also provide rental income during the holding period, subject to their condition and applicable requirements. A PRIME INFILL OPPORTUNITY WITH MULTIPLE DEVELOPMENT POSSIBILITIES. Whether you're a builder looking for your next townhouse project, a developer exploring purpose-built rental housing, oran investor seeking long-term value, this property deserves your immediate attention. Opportunities like this are rare - secure your position in one of Richmond Hill's desirable growth corridors. Bring your vision, explore the possibilities, and take the next step toward your next successful project!
Property Features: Greenbelt/Conservation, Hospital, Library, Ravine, School Bus Route
Interior Features: Other
Cross Street: REGENT ST AND ELGIN MILLS RD WEST
Direction Faces: North
Key Facts
- Days on: 0 days
- Mls Status: New
- Bedrooms Total: 3
- Bedrooms Above Grade: 3
- Den / Family Room: Yes
- Bathrooms Total Integer: 3
- Lot Width: 102.68
- Kitchens Total: 1
- Parking Total: 11
- Parking Spaces: 10
- Garage Type: Other
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 700-1100 Square Feet
Location 281, Elgin Mills, Mill Pond, Richmond Hill
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