This nearly 1-acre site, with 123 feet of frontage, is located directly across from Yonge Street Offering exceptional potential for residential development. Draft plan approved for 14 freehold townhouses and 2 detached homes, with townhouse sizes starting at 1,700 sq. ft. and detached homes exceeding 4,500 sq. ft. Currently, there is an existing detached house on Cooperage Crescent, and site plan approval is expected within the year. This is your chance to invest in one of Richmond Hills most sought-after areas. Dont miss out on this lucrative opportunity!
- MLS®#:
- N13035332
- Property Type:
- Land
- Property Style:
- Area:
- York
- Community:
- Westbrook
- Taxes:
- $15,910 / 2025
- Added:
- April 23 2026
- Lot Frontage:
- 122.9
- Lot Depth:
- 335.22
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- VANGUARD REALTY BROKERAGE CORP.
- Lot :
-
335
122
BIG LOT
- Intersection:
- Yonge/ Elgin MIlls
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- Prime Location: The property is situated directly across from Yonge Street, a major thoroughfare, enhancing visibility and accessibility for future developments.
- Development Potential: With a draft plan approved for 14 freehold townhouses and 2 detached homes, this site offers significant residential development opportunities in a high-demand area.
- Timely Investment: Site plan approval is expected within the year, allowing for a quicker turnaround on investment and development compared to other properties in the market.
Neighborhood Overview
Complete neighborhood profile for 196 Elgin Mills Road W
Westbrook home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Westbrook
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
