Gormley Apartment Buildings for Sale

Multifamily in Gormley available for sale

Apartment Buildings for Sale Within 10 kilometers of Gormley

165 Colborne Ave

Richmond Hill, ON L4C 1J8

Multifamily for Sale
$12,400,000 CAD
37,360 SF

24 Hour Access
Kitchen
Smoke Detector

Richmond Hill Multifamily for Sale - York

Introducing 165 Colborne Avenue, a well-maintained 40-suite multifamily asset in the heart of Richmond Hill. Ideally positioned beside the Richmond Hill GO Station, the property offers exceptional commuter access to downtown Toronto and is surrounded by a broad mix of neighbourhood amenities including grocery, retail, and restaurants, all within walking distance. This 4-storey, purpose-built apartment building sits on 0.83 acres and features a diversified suite mix of bachelor, one-bedroom, two-bedroom, and three-bedroom units. With separately metered hydro, multiple ancillary income streams, and consistent capital upgrades, the property provides strong in-place stability and meaningful long-term value creation.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2026-04-03

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More details for 13042 Yonge St, Richmond Hill, ON - Multifamily for Sale

Picasso Place - 13042 Yonge St

Richmond Hill, ON L4E 1N6

Multifamily for Sale
Price Upon Request
64,102 SF

Air Conditioning
Bicycle Storage
Security System
Fitness Center
Kitchen
Key Fob Entry
Smoke Detector

Richmond Hill Multifamily for Sale - York

13042 Yonge Street (Picasso Place) is located in the Oak Ridges neighborhood of Richmond Hill, a well-established and growing community known for its family-friendly atmosphere and proximity to nature. Situated along Yonge Street, one of the GTA’s busiest and most accessible roads, the property benefits from excellent connectivity. Public transit options, including York Region Transit bus routes, are readily available, making it easy to travel within Richmond Hill and connect to GO Transit for trips to downtown Toronto. The Property consists of 64 units; 47 one bedrooms, 15 two bedrooms and 2 two bedrooms with a terrace.