Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Split R1 and R6 zoning supports future development evaluation.
  • Existing dwelling may provide interim holding income.
  • Municipal water and sanitary sewer services are available.
  • Approximately 100-foot frontage provides substantial site presence.
  • Located near Yonge Street, Highway 404, and Highway 407.
  • Surrounded by established residential and ongoing development activity.

Executive Summary

RARE DEVELOPMENT Opportunity on an approximately 100'x 300' lot (Aprox area 30,000 Sq ft) with Split R1/R6 Zoning. Property ideal for builders, developers, and land investors seeking future development or severance potential. Existing dwelling is being sold in "as is, where is" condition. Buyer to verify all zoning, permitted uses, lot creation, redevelopment potential, servicing capacity, and municipal approvals independently. Survey, Zoning information, andother due diligence materials to be provided if available. Note similar properties on both sides Developed the existing townhome complexes. Relevant Development documents and correspondence with the town and TRCA etc. on file. Survey on file (2018. A rare opportunity to acquire a premium-sized parcel in one of Richmond Hill''s most desirable and evolving neighbourhoods. Please Do not enter the property without a confirmed showing. (43647813)

Property Facts

Price $4,088,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.69 AC
Zoning Split R1/R6

1 Lot Available

Lot

Price $4,088,000 CAD
Price Per AC $5,935,778.02 CAD
Lot Size 0.69 AC

Approximately 100' x 300' development parcel with split R1/R6 zoning in Richmond Hill's Langstaff area. Existing dwelling on site. Suitable for developers and land investors exploring future redevelopment potential, subject to approvals.

Description

The property consists of an approximately 30,000-square-foot parcel with approximately 100 feet of frontage and 300 feet of depth in Richmond Hill's Langstaff area. The site is identified as having split R1 and R6 zoning and contains an existing detached dwelling. Municipal water and sanitary sewer services are available. The property is located near Yonge Street, Highway 404, Highway 407, parks, schools, public transit, and community facilities. The listing indicates the property is being offered in "as is, where is" condition and references survey and development-related documentation on file.

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 41390973

  • Date on Market: 2026-07-22

  • Last Updated:

  • Address: 225 16th Av, Richmond Hill, ON L4C 5W8

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}