196 Elgin Mills RD W, Richmond Hill, ON L4C 4M2
196 Elgin Mills RD W, Richmond Hill, ON L4C 4M2
196 Elgin Mills RD W, Richmond Hill, ON L4C 4M2
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$ 3,999,000
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$ 3,999,000
Est. payment | /mo
Save

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Westbrook

MLS Listing ID N13474770

Style Bungalow

Annual Tax Amount $15,910

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County York

Area York

Rooms

Family Room No

Basement None

Kitchen 0

Interior

Interior Features Other

Cooling Other

Fireplace No

Heat Source Other

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Unknown

Lot Frontage 122.9

Lot Depth 335.22

Total Parking Spaces 5

Building

Foundation Unknown

Others

ParcelsYN No

Listed by RE/MAX ELITE REAL ESTATE

Nearby Locations

LiLiT Hakobyan

"My job is to  deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge Street, Richmond Hill, ON, L4C 0T4, CAN

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196 Elgin Mills RD W