10601 Bathurst Street, Richmond Hill, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Mill Pond. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,500,000 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 56.2 x 289.32 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Positioned in the heart of Richmond Hill along a high-exposure corridor, 10601 Bathurst St presents a rare mixed-use investment opportunity on an expansive 0.88-acre lot. Zoned Neighborhood Mixed Use (NMU), the property supports a wide range of permitted uses including low-rise residential intensification, live-work configurations, and limited neighborhood-scale commercial applications .This versatile site is ideally suited for investors, developers, or end users seeking future growth potential. The zoning framework allows for multiple residential forms including duplexes, triplexes, fourplexes, townhouses, and apartment dwellings, along with secondary suites and garden suites (subject to approvals) . Provincial guidelines may permit up to three additional residential units, offering further density upside .The property is not currently impacted by conservation authority restrictions, simplifying the development pathway, while municipal services and strong surrounding growth trends support long-term value. With increasing intensification in the area and flexible zoning in place, this is a strategic acquisition for those looking to unlock redevelopment potential or establish a mixed-use presence in a thriving communityExceptional opportunity to own a versatile 5,500 sq. ft. building ideally suited for a wide range of commercial, professional office, live/work, wellness, or small business uses. This expansive building offers flexible interior space10601 Bathurst St presents a compelling opportunity for investors and builders alike, with documented past interest from builders exploring infill development potential. Situated on a desirable stretch of Bathurst Street, this property offers strong future upside, whether for redevelopment, land assembly, or as a strategic hold. The surrounding area continues to see growth and transformation, making this an attractive prospect for those looking to capitalizeon intensification opportunities in a high-demand corridor.
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Pricing & Value Insights
Data-driven valuation for 10601 Bathurst Street, Richmond Hill, ON L4C 7V8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,500,000 in Richmond Hill, the legal minimum down payment is $500,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,975 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,975.
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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.