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41-43 Elgin Mills Rd - Prime 2.37 Acre Development Land Yonge-Elgin 2.37 Acres of Commercial Land Offered at $7,880,108 USD in Richmond Hill, ON L4C 3A7

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INVESTMENT HIGHLIGHTS

  • Development opportunity
  • In transit hub area, near BRT and proposed GO station
  • Ample frontage on Elgin Mills Rd E
  • Rare Zoning

EXECUTIVE SUMMARY

Prime transit-oriented development location. Located along the Yonge St BRT, minutes away from the future GO station. The property is subject to the New Provincial Policy Statement 2024, allowing for changes that benefit the property's development potential.

PROPERTY FACTS

Price $7,880,108 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.37 AC
Zoning Industrial Class Zone 1 - Hotels, banquet halls, commercial auto services, recreational facilities, manufacturing, warehousing, self storage, banks, restaurants

1 LOT AVAILABLE

Lot

Price $7,880,108 USD
Price Per AC $3,324,939.88 USD
Lot Size 2.37 AC

Transit-oriented development site. 460 ft of frontage on major arterial street. Rare zoning in Richmond Hill.

DESCRIPTION

The property abuts Yonge Street and connects to the historic downtown of Richmond Hill. Situated within the thriving Newkirk Business Park and the Yonge & Elgin Mills BRT Major Transit Station Area (MTSA), this property sits at the heart of a rapidly evolving urban hub. Bordering a newly designated Mixed-Use Corridor at Yonge and Elgin Mills Road East, the site is surrounded by future high-density development zones. Property is served by the Yonge Street BRT and is near the proposed GO station on Elgin Mills, south of Yonge St.

Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35831455

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: 41-43 Elgin Mills Rd, Richmond Hill, ON L4C 3A7

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