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40-60 Harris Avenue

40-60 Harris Avenue

Richmond Hill, ON

2 sqft • Land • 155 days on market

$17,000,000

40-60 Harris Avenue, Richmond Hill, Ontario is a unique opportunity to acquire a partially serviced 2.55-acre development site with planning approvals in-place for a 49-unit townhouse development. The Property is located in an affluent residential community just west of Yonge Street in the Jefferson neighbourhood of Richmond Hill, one of the GTA's most sought-after residential markets. Current development plans for the Site comprise 11 freehold and 38 common element condominium townhouse units across eight blocks, with an average unit size of approximately 2,419 square feet. An incoming developer will benefit from substantial servicing work completed to date, including installation of municipal services to lot lines, full grading and paving of the private internal roadway, and municipal roadway servicing along Harris Avenue.

Listing Details

Taxes (2025)
$53,315
Listed
March 25, 2026

Price History

Property

Lot Size
290 x 385 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Yonge Street & Harris Avenue
Zoning
RM1
Parcel Number
032083238
Possession
Immediate

Commercial

Occupancy
Vacant

Community

Postal area L4E

Population
54,606
Private dwellings
17,103
Median age
40.4
Average household size
3.3
Median household income
$127,000

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 Richmond Hill · last 12 months

Median sold price
$1,123,500
Homes sold
1,976
Median days on market
24
Sale-to-list price
98.6%

Based on 1,976 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

JONES LANG LASALLE REAL ESTATE SERVICES, INC.

Walk Score

49

Walk

40

Transit

35

Bike

Scores by Walk Score®

Location

Commercial figures

Annual property tax
$53,315

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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