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$2,199,000

281 Elgin Mills Rd W

Richmond Hill, Ontario

281 Elgin Mills Rd W photo 1
1 / 12

Beds

3

Baths

3

Sqft

700

Type

Detached

About this Property

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!

Listing Details

MLS #
N14119826
Board
PROPTX
Market
ontario
Property Type
Detached
Style
Bungalow
Garage
Other
Garage Spaces
1
Parking Spaces
11
Basement
Full
Heating
Forced Air
Cooling
Central Air
Pool
None
Lot Size
102.68 × 212.16 ft
Annual Taxes
$8,019/yr
Listed By
REMAX REALTRON REALTY INC.
Listed On
October 27, 2026

Features & Extras

Extras

All Existing Light Fixtures, All Existing Appliances, All Existing Window Coverings.

Room Measurements

RoomLevelSizeFeatures
LivingGround3.1 × 4.0 mWindow
PrimaryGround2.0 × 2.1 mWindow, Closet
2nd BrGround2.1 × 1.85 m
3rd BrGround2.0 × 1.9 mWindow, Closet
4th BrGround1.8 × 2.1 m

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