PROPERTY DETAILS

196 Elgin Mills Road W,

Richmond Hill, Ontario L4C 4M2

$4,250,000
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5

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:29237)

Property Details
MLS® Number N13486498
Property Type Single Family
Building Type House
Storeys 1
Community Name Westbrook
Title Freehold
Land Size 122.9 x 335.2 FT
Parking type Attached Garage, Garage
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Location
Building
Basement Type None
Exterior Finish Brick
Heating Fuel Other
Heating Type Other
Style Bungalow
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June 25 2026 12:35:49

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