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$ 3,925,000
Est. payment | /mo
$ 3,925,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision South Richvale
MLS® Listing ID N8477584
Originating Board Toronto Regional Real Estate Board
Property Description
Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the city of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Key Features: zoning permits a wide range of uses including automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Location: Located in close proximity to numerous condominium and townhouse developments at the intersection of 16th Avenue and Yonge Street, this property is ideally positioned for potential redevelopment projects. Accessibility: Excellent access to major transportation routes ensures convenient connectivity, enhancing the property's attractiveness for a variety of commercial and mixed-use developments. Whether you're seeking a site for immediate business operations or exploring long-term redevelopment opportunities in a rapidly developing area, this property offers the flexibility and potential to accommodate a wide range of ventures. **** EXTRAS **** The adjacent land is also for sale N9039322 (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX ELITE REAL ESTATE
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