196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2
Richmond Hill
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2
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MLS# N13486488
Listed by RE/MAX ELITE REAL ESTATE
On market since Jun 24, 2026
What comparable homes actually sold for in the last 12 months.
196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2 is listed for $4,250,000 CAD.
196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2 is a Land.
196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2 is in Richmond Hill, Ontario.
196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2 (MLS# N13486488). You can also send a message through the contact form on this site.
