196 Elgin Mills Road

Richmond Hill, ON

0.95 sqft
Land
130 days on market

This nearly 1-acre site, with 123 feet of frontage, is located directly across from Yonge Street Offering exceptional potential for residential development. Draft plan approved for 14 freehold townhouses and 2 detached homes, with townhouse sizes starting at 1,700 sq. ft. and detached homes exceeding 4,500 sq. ft. Currently, there is an existing detached house on Cooperage Crescent, and site plan approval is expected within the year. This is your chance to invest in one of Richmond Hills most sought-after areas. Dont miss out on this lucrative opportunity!

Listing Details

Taxes (2025): $15,910
Listed: April 23, 2026

Price History

Listing history

Property

Lot Size: 122.9 x 335.22 Feet

Utilities

Sewer: Septic

Location & Legal

Cross Street: Yonge/ Elgin MIlls
Zoning: RESIDENTIAL
Parcel Number: 032192171
Possession: Other
Occupancy: Vacant

Commercial

Business Type: Residential

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: $1,120,888
Homes sold: 1,973
Median days on market: 24
Sale-to-list price: 98.6%

Based on 1,973 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

VANGUARD REALTY BROKERAGE CORP.

Commercial figures

Annual property tax: $15,910

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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