282-292 Elgin Mills Rd W

LocationWestbrook, Richmond Hill, L4C 4M2
$5.9M For Sale
Property Images
Property Images
Property Images

Description

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.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 5
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 183.67 x 186.07 Feet
  • Lot Depth
    Space: 5000 +
  • Tax Amount
    Tax: $ 15234.00
  • MLS
    N12950698
  • Listing contracted with: KW Living Realty
Bathroom Pieces Level
1xBath2 pcs

Ground

1xBath3 pcs

Ground

1xBath3 pcs

Ground

1xBath2 pcs

Basement



Property Summary

Located close to the intersection of Yonge St and Elgin Mills Rd West, 282-292 Elgin Mills Rd W is a 5 bedrooms 4 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property basement is Partially Fi . The property has many nice features including Other. .


School Information



Commute Information

GTA Go Train Richmond Hill Go Train Station (2.5km)

Location





Community Overview

282-292 Elgin Mills Rd W is at South East Corner of Westbrook Community. The Westbrook community runs from Bathurst St on the West to Elgin Mill on the south, Yonge St on the East, and Gamble Road on the north. The community is relatively new. Detached homes dominate the area, around 70%; the rest are mainly townhomes. In past 3 months, 12 Detached homes were sold at average of $1.54M. The neighbourhood is notable for its higher education and above-average income. In 282-292 Elgin Mills Rd W neighbourhood, you will find many residents are Chinese, Canadian, Iranian, Italian, and Russian. Public transit is not very convenient, but YRT bus lines on both Yonge and Bathurst Street can take commuters directly to Finch subway station, which links to the central transit system to downtown Toronto. The park, which offers a walking trail along with the branch of the Don river, is a favourite destination for residents. Most shops are centred at Yonge Street and Elgin Mills. For a family looking for an affordable but safe neighbourhood with a great school zone in Richmond Hill, West Brook should be on top of the list.


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