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41-43 Elgin Mills Rd
Richmond Hill, ON L4C 3A7
Prime 2.37 Acre Development Land Yonge-Elgin · Land For Sale
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2.37 AC
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
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.37 AC |
| Property Type | Land | ||
| Zoning | Industrial Class Zone 1 - Hotels, banquet halls, commercial auto services, recreational facilities, manufacturing, warehousing, self storage, banks, restaurants | ||
| 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 | $8,154,611 USD | Lot Size | 2.37 AC |
| Price Per AC | $3,440,764.31 USD |
| Price | $8,154,611 USD |
| Price Per AC | $3,440,764.31 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.
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