282-292 Elgin Mills Rd W Richmond Hill near Yonge St/Elgin Mills Rd West | Double Car Garage Detached home for sale

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 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.

Features

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

Details

Lot size: 183.67 x 186.07 Feet
Space: 5000 +
Tax: $ 15234.00
N13572676
Listing contracted with: KW Living Realty

Bathroom	Pieces	Level
1xBath	2 pcs	Ground
1xBath	3 pcs	Ground
1xBath	3 pcs	Ground
1xBath	2 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. .

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 51% of residents hold a bachelor's degree or higher, while about 24% have a college credential. Driving is the primary commuting method for nearly all local commuters.

School Information

Elementary Schools
ST. MARGUERITE d'YOUVILLE (Grade: JK - 8) | School Boundary

Catholic French Immersion school

Distance to school: 2.7 km (~8 min drive)
FATHER HENRI J.M. NOUWEN (Grade: JK - 8) | School Boundary

Catholic Gifted program school

Rank: 626 out of 3022 (Score: 7.4)

Distance to school: 1.0 km (~18 min walk)
Secondary Schools
ST. THERESA OF LISIEUX (Grade: 9 - 12) | School Boundary

Catholic Home school

Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)

Distance to school: 1.3 km (~23 min walk)
ST. THERESA OF LISIEUX (Grade: 9 - 12) | School Boundary

Catholic AP program school

Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)

Distance to school: 1.3 km (~23 min walk)
ST. THERESA OF LISIEUX (Grade: 9 - 12) | School Boundary

Catholic Gifted program school

Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)

Distance to school: 1.3 km (~23 min walk)

Commute Information

Richmond Hill Go Train Station (2.5km) - Free Parking available, parking lots: 2004

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. Three and four Bedrooms houses are the most typical dwellings in this community. In past 3 months, 16 Detached homes were sold at average of $1.75M. 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 Iranian, Italian, Pakistani, Chinese, and Egyptian. 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.