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196 ELGIN MILLS ROAD W Richmond Hill
  • 196 ELGIN MILLS ROAD W Richmond Hill
  • 196 ELGIN MILLS ROAD W Richmond Hill
  • 196 ELGIN MILLS ROAD W Richmond Hill

196 ELGIN MILLS ROAD W, Richmond Hill, Ontario

$4,250,000

This property is under Power of sale. 0.95 acre of land together with an existing detached residence of approximately 3,000 sq.ft. with a double-car garage - 41 Cooperage Cres (61.51 x164.49), providing potential rental income or interim use while pursuing future development plans. Previous development concepts contemplated approximately 14 townhouse units and 2 detached dwellings (buyer to conduct their own due diligence and verify all development potential with the municipality). An exceptional opportunity for developers, investors, land bankers and builders. Generate holding income from the existing residence while advancing planning applications, site plan approvals, redevelopment proposals, or potential future land assembly opportunities. Properties of this size and location rarely become available, and even more rarely under Power of Sale. Whether your strategy is redevelopment, investment, land banking, or assembly, this property offers significant upside potential in a highly desirable Richmond Hill location. Sold on an "As Is, Where Is" basis. Buyer to conduct their own due diligence regarding zoning, planning, development potential, permitted uses, and all other matters. However, Historical planning, engineering, and development-related materials may be available for review. (id:23309)

  • Listing ID: N13486488
  • Property Type: Vacant Land
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Details

  • Transaction: For sale
  • Zoning Description: Residential

Building

  • Fireplace Present: False
  • Size Interior: 1 ac
  • Utility Water: Municipal water

Land

  • Sewer: Septic System
  • Size Frontage: 122 ft ,10 in
  • Size Irregular: 0.95
  • Size Total: 0.95 ac
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 196 ELGIN MILLS ROAD W in Richmond Hill Ontario. It was last modified on June 24th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Richmond Hill real estate for sale.

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