This nearly 1-acre site boasts an impressive 123 feet of frontage and is ideally positioned just steps from Yonge Street. Located in one of Richmond Hill's most sought-after corridors, the property offers outstanding potential for residential redevelopment. Potential for 14 freehold townhouses. Drawings available. Surrounded by established neighbourhoods, transit, amenities, and major growth infrastructure, this is a rare opportunity for builders, developers, and investors to secure a prime infill site in a high-demand location. Don't miss this exceptional investment opportunity in a rapidly evolving area.
- MLS®#:
- N12839098
- Property Type:
- Land
- Property Style:
- Area:
- York
- Community:
- Westbrook
- Taxes:
- $15,910 / 2025
- Added:
- March 03 2026
- Lot Frontage:
- 122.9
- Lot Depth:
- 335.22
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- VANGUARD REALTY BROKERAGE CORP.
- Lot :
-
335
122
BIG LOT
- Intersection:
- Yonge/ Elgin MIlls
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- Prime Location: The property is situated just steps from Yonge Street in Richmond Hill, a highly sought-after area, enhancing its accessibility and attractiveness for future development.
- Development Potential: With the potential for 14 freehold townhouses and available drawings, this site offers significant opportunities for residential redevelopment, appealing to builders and investors.
- High-Demand Area: Surrounded by established neighborhoods and major growth infrastructure, this property is positioned in a rapidly evolving market, promising strong future returns on investment.
Neighborhood Overview
Complete neighborhood profile for 196 Elgin Mills Road W
Westbrook home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Westbrook
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
