Listing Details
Subtype: Residential, Commercial
Sale type: Ideal for both investors and owner-users
Lot Size: 1.09 Acres
Description
This Development land is on Yonge Street - Corner lot - North of Elgin Mills. 1.09 AC Lot Potential for 25 storey building with Mixed use in one acre. Average Sale price per sqf in Richmond hill for a Pre-construction condos are about $1,200 /sqf + Excellent Location: Richmond Hill is strategically located, offering easy access to major highways and transportation hubs. It is conveniently situated near Richmond Hill Go Station Rail Commuter Rail, King City Go Station Rail Commuter Rail, and various airports, including Buttonville Municipal Airport, Billy Bishop Toronto City Airport, and Toronto Pearson International Airport. Vibrant Community: Richmond Hill is known for its welcoming and diverse community. It offers a range of cultural events, festivals, and recreational activities for residents of all ages. Education: The city boasts excellent educational institutions, including top-rated schools and prestigious post-secondary options. Families with children can benefit from the high-quality education available in the area. Natural Beauty: Richmond Hill is surrounded by beautiful parks, trails, and green spaces, providing opportunities for outdoor activities and a healthy lifestyle. Residents can enjoy the scenic beauty of the area while staying active. Amenities and Entertainment: The city offers a wide range of amenities, including shopping centers, restaurants, entertainment venues, and recreational facilities. There is always something to do and explore in Richmond Hill. Real Estate Potential: Richmond Hill has a strong real estate market, offering attractive investment opportunities. The average sale price per square foot for pre-construction condos in the area is around $1,200/sqf, indicating the potential for value appreciation. This land is located in a gateway to the Harris Beach Area and has great potential for development. With a 5.5 FSI (Floor Space Index) granted to the KDA (Kingston Downtown Association), there is the possibility of a potential GFA of 261,255.995 buildable square footage. The land offers the opportunity for a 25-storey building with mixed-use in one acre. Richmond Hill offers attractive pre-construction comps in the area, such as Westwood Gardens, 8888 Yonge Street Condos, 8188 Yonge Condos, NEXT ELGIN EAST PHASE 2 CONDOS, and Y8700 Condos. These developments have average sale prices per square foot ranging from $1,150 to $1,250, indicating the potential for lucrative investment returns. Don't miss out on this opportunity to invest in a prime residential land in Richmond Hill. With its excellent location, vibrant community, natural beauty, and real estate potential, Richmond Hill is an ideal place to live and invest. Contact us now to learn more about this listing and explore the possibilities it offers Transit access: • VIVA at your door step • Richmond Hill Go Station Rail Commuter Rail (Richmond Hill Train) 10 min • King City Go Station Rail Commuter Rail (Barrie Train) 12 min • Airport Drive Distance Buttonville Municipal Airport 16 min 10.5 mi • Billy Bishop Toronto City Airport 51 min 28.5 mi • Toronto Pearson International Airport 47 min 29.1 mi
Location & nearby
This listing is located in Richmond Hill, ON k0a 2z0
Ask a question
Curious about any of the details? Ask the listing owner a question and get a quick answer.
Ask the agent a question about this listing in one click
- Can you send me more info?
- Can I book a showing?
- Is the price negotiable?
- Can you tell me more about the location?
- Ask your own question
Looking for the right land listing for you?
Prime 1.7 Ac Development Opportunity In Richmond Hill Next To Mtsa
Premium Lot In Heart Of Richmond Hill
Lot For Sale By Owner In Richmond Hill
Condo Development
Potential Development On Yonge Street In Richmond Hill
2.7 Acre Ish Commercial Land In The Hart Of Richmond Hill
12 Acre Vacant Lot Surrounded By Trails, Nature, And River For Sale
St. Catharines 124 Unit Condo Site
Land For Sale In St. Thomas, On
100 Acres Of Future Development Site In Milton
10.32 Acres - Potential Self Storage Development Site
Vacant Lot For Sale In Prescott
2 Acre Estate Lots In Clarendon
2 Acres Dream Land In Cantley
Beautiful Land For Sale In Lac-des-plages
Large Vacant Development Land For Sale
Huge Residential Land In Sainte-sophie
9 Acres Of Land For Sale In Meductic
Prime Residential Land For Sale Outside Of Moncton, Nb
Over 500 Acres Of Farmland/ Woodland In Beersville
Pelton Mountain, Private Waterfront Lots
Interior Lake Lots Deeded Lake Access
Beautiful Hobby Farm In Annapolis Valley
Lewie Lake Private Waterfront Lots
Sand Lake Private Waterfront Lots
Upper Salters Lake Retreats Private Waterfront Lots
Equestrian Horse Hobby Farm In Canning, Annapolis Valley, Nova Scotia!
Prime 1.7 Ac Development Opportunity In Richmond Hill Next To Mtsa
0.6 Acres Of Residential Land In Toronto
Fire Sale Motvated Seller , Open To Terms
487 – 513 Bloor St E, Oshawa
0.36 Ac Lot Available For Townhome Development.
1 Acre Mixed Use Development Land In Markham
0.25ac Lot Ideal For Midrise @ Yonge & Sheppard
3 Town House Lot Builder Ready Opportunity
2.7 Acre Ish Commercial Land In The Hart Of Richmond Hill
High Density Development Site Steps Away From Cooksville Go Station&..
88 King W St - Exciting Development Proposal In Oshawa
Zonado is Canada's fastest growing commercial real estate and sale of business marketplace. Our goal is to help you buy, sell and lease better than ever before.
Need help?
Need help?
Zonado combines a diverse portfolio of commercial real estate and sale of business listings with an obsessive focus on technology. It enables you to buy, sell and lease better than ever before.
Need help?
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.