282-292 Elgin Mills Road
Richmond Hill, ON
0.75 sqft • Land • 149 days on market
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.
Listing Details
- Taxes (2026)
- $15,234
- Listed
- April 2, 2026
Price History
Listing history
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Property
- Lot Size
- 183.67 x 186.07 Feet
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Yonge St /Elgin Mills Road West
- Zoning
- Residential
- Possession
- Immediate
Commercial
- Business Type
- Residential
- Occupancy
- Tenant
Community
Postal area L4C
- Population
- 74,636
- Private dwellings
- 30,129
- Median age
- 46
- Average household size
- 2.6
- Median household income
- $86,000
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
- $1,120,000
- Homes sold
- 1,982
- Median days on market
- 24
- Sale-to-list price
- 98.6%
Based on 1,982 recorded sales of commercial properties in Richmond Hill over the last 12 months.
Listed by
KW Living Realty
Location
Street View
Commercial figures
- Annual property tax
- $15,234
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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