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12820-12822 Bathurst Street

12820-12822 Bathurst Street

King, ON

45 sqft • Land • 188 days on market

$67,000,000

Future Development Opportunity - 45.18 Acres | Bathurst St Just South of King Rd. Rare offering of approximately 45.18 acres with 1,230 feet of frontage on the west side of Bathurst Street, just south of King Road. Prime location positioned along the Richmond Hill subdivision boundary with convenient access to Highways 400 & 404, offering exceptional long-term growth potential. Currently zoned Agricultural, permitting agricultural uses and greenhouse operations, including policies allowing up to 60% greenhouse cultivation and 20% enclosed building coverage, subject to required approvals and licensing. Planning review indicates potential future residential redevelopment in the 2028/2029 time frame. Preliminary assessments suggest the possibility of accommodating approximately 282 residential units, subject to Official Plan Amendment, rezoning, draft plan approval, servicing allocation, and all municipal and regional approvals. Purchasers are advised to conduct their own independent due diligence regarding development potential, timelines, and permitted uses. The property is improved with an existing approximately 4,000 sq. ft. two-storey commercial building featuring equipment storage, four drive-in doors, approximately 100,000 sq. ft. asphalt yard, ample exterior lighting, and a 28-ft access gate. An approved permit is in place for an additional approximately 4,600 sq. ft. storage building.Ideal opportunity for investors, agricultural operators, owner-users, or land bankers seeking strategic long-term appreciation in a high-growth corridor.Don't miss this exceptional opportunity.

Listing Details

Taxes (2025)
$5,600
Listed
February 19, 2026

Price History

Property

Lot Size
339.62 x 698.15 Feet

Utilities

Sewer
Septic

Location & Legal

Cross Street
Bathurst & King
Zoning
ORMFP, ORMNCL
Possession
Other

Commercial

Occupancy
Owner
Office / Apartment Area
4000 Sq Ft

Included

Inclusions
All chattels and fixtures included. Property features a 4000sqft building with a 4 car garage (14ft x 14ft drive in shipping doors), 3 washrooms (1x2pc main floor, 2x3pc second floor), 4 offices/rooms, 2 kitchens, laundry room and showroom. Each floor is 2000sqft.
Exclusions
None
Rental Items
None

Community

Postal area L7B

Population
17,809
Private dwellings
5,790
Median age
42
Average household size
3.2
Median household income
$154,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in King · last 12 months

Median sold price
$1,801,000
Homes sold
241
Median days on market
30
Sale-to-list price
94.3%

Based on 241 recorded sales of commercial properties in King over the last 12 months.

Listed by

SUTTON GROUP-ADMIRAL REALTY INC.

Location

Commercial figures

Annual property tax
$5,600

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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