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MLS® N12950608

282-292 Elgin Mills Rd W

Richmond Hill, ON L4C 4M2

$5,900,000

Type

Land

Taxes (2026)

$15,234

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Description

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. Information package available upon request.

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Property Details

Property TypeLand
CommunityWestbrook
Lot Dimensions183.67 × 186.07 ft
Dir/Cross StYonge St /Elgin Mills Road West
Garage TypeNone
Heating TypeNone
A/CNo
Taxes (2026)$15,234
HSTIn Addition To
SecurityNo
Listed Date4/2/2026
Days on Market9 days
PossessionTBA
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

KW Living Realty

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MLS® #N12950608