282-292 Elgin Mills Road W, Richmond Hill, ON L4C 4M2
About this home
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.
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Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.
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