196 Elgin Mills Road, Richmond Hill, ON

$1
MLS#:N13035332
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] land located in the coveted neighborhood of Westbrook. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 122.9 x 335.22 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

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!

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size122.9 × 335.22 Feet
CountyYork
Annual Tax$15,910
Legal DescriptionPART LOT 7 PLAN 2404, PARTS 1, 3 & 5, 65R16590 SUB

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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196 Elgin Mills Road, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 196 Elgin Mills Road W, Richmond Hill, ON L4C 4M2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$0.8
Monthly Mortgage$0
Property Tax (Est.)$1,326
Utilities & Maint.$350
Total Monthly Cost$1,676

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Westbrook, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,477,923

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Trillium Woods
Public18 Alamo Heights Drive, Richmond Hill, Ontario, L4S 2P3
8.1
Silver Pines
Public112 Stave Crescent, Richmond Hill, Ontario, L4C 9J2
7.1
Moraine Hills
Public85 Rollinghill Road, Richmond Hill, Ontario, L4E 4C7
8.2
St Mary Immaculate
Public161 Regent Street, Richmond Hill, Ontario, L4C 9N9
8.7
Corpus Christi
Public35 Squire Drive, Richmond Hill, Ontario, L4S 1C6
10.0

Secondary Schools

Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.