About this property

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 proposed 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. Vendor open to sale or joint venture structure.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	N12950608
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	1 sq ft
Beds / Baths	0 bed · 0 bath
City	Richmond Hill
Postal Code	L4C 4M2
Province	ON
Listed Date	April 7, 2026
Days on Market	122
Price per Sq Ft	$5,900,000
Brokerage	KW Living Realty