305 Red Maple Road Richmond Hill (South Richvale), Ontario L4C 6P2
$4,500,000
Attentions Builder and Developer!!! Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the City of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. **** EXTRAS **** The adjacent land is also for sale N8477584 (id:55499)
Property Details
| MLS® Number | N9305639 |
| Property Type | Single Family |
| Community Name | South Richvale |
| Parking Space Total | 40 |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 |
| Architectural Style | Bungalow |
| Basement Development | Partially Finished |
| Basement Type | N/a (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 165 Ft ,1 In |
| Size Frontage | 200 Ft |
| Size Irregular | 200 X 165.16 Ft |
| Size Total Text | 200 X 165.16 Ft |
| Zoning Description | M1 Industrial |
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September 07 2024 03:02:10
Toronto Real Estate Board
RE/MAX Elite Real Estate