12
$2,199,000 Sale
Listed 1 day
281 Elgin Mills Road W
· 3
· 3
· 1
· 700-1100
Key Facts
Key facts for 281 Elgin Mills Road W
Property Type
House, Bungalow
Parking
Other 1 garage, 10 parking
MLS #
N14119826
Size
700-1100 sqft
Basement
Full
Listed on
2026-10-27
Lot size
103 x 212.16
Tax
$8,019 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
ATTENTION BUILDERS, DEVELOPERS & INVESTORS - DON'T MISS THIS RARE OPPORTUNITY!A rare opportunity to acquire a substantial infill development site in the highly desirable Yonge Street and Elgin Mills corridor of Richmond Hill. Featuring an impressive 102 x 212 ft lot, this property offers significant... redevelopment potential in a supply-constrained market. The proposed development envisions 10 to 11 spacious, freehold townhomes, each approximately2,000 sq. ft., featuring three-storey layouts, attached single-car garages, and private rooftop terraces. A site plan is available for review. The property may also offer potential for a purpose-built rental apartment development through the CMHC (Canadian Housing And Mortgage Corporation) purpose built rental Program! Ideally located just steps from Yonge Street, the property offers convenient access to public transit, shopping, schools, parks, Mill Pond, the hospital, and a wide range of everyday amenities. The existing homes may also provide rental income during the holding period, subject to their condition and applicable requirements. A PRIME INFILL OPPORTUNITY WITH MULTIPLE DEVELOPMENT POSSIBILITIES. Whether you're a builder looking for your next townhouse project, a developer exploring purpose-built rental housing, oran investor seeking long-term value, this property deserves your immediate attention. Opportunities like this are rare - secure your position in one of Richmond Hill's desirable growth corridors. Contact me today to request the available site plan, discuss the development potential, and arrange a private property showing. Bring your vision, explore the possibilities, and take the next step toward your next successful project!
Room Types
Bedroom 2
-
Dimensions 6.07 x 6.89 feet
41.82 sqft
Bedroom 3
Window, Closet
Dimensions 6.23 x 6.56 feet
40.87 sqft
Bedroom 4
-
Dimensions 6.89 x 5.91 feet
40.72 sqft
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Courtesy of: RE/MAX REALTRON REALTY INC.