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Mill Pond

$2,199,000

281 Elgin Mills Road W

Richmond Hill, ON  L4C 4M1

Listing Brokerage: RE/MAX REALTRON REALTY INC.

Source: Toronto Regional Real Estate Board

3Bedrooms
3Bathrooms
10Parking
700-1100Sqft

About This Property

ATTENTION BUILDERS, DEVELOPERS & INVESTORS - DON'T MISS THIS RARE OPPORTUNITY!A rare opportunity to acquire a substantial infill development site in the highly desirable Yonge Street and Elgin Mills corridor of Richmond Hill. Featuring an impressive 102 x 212 ft lot, this property offers significant redevelopment potential in a supply-constrained market. The proposed development envisions 10 to 11 spacious, freehold townhomes, each approximately2,000 sq. ft., featuring three-storey layouts, attached single-car garages, and private rooftop terraces. A site plan is available for review. The property may also offer potential for a purpose-built rental apartment development through the CMHC (Canadian Housing And Mortgage Corporation) purpose built rental Program! Ideally located just steps from Yonge Street, the property offers convenient access to public transit, shopping, schools, parks, Mill Pond, the hospital, and a wide range of everyday amenities. The existing homes may also provide rental income during the holding period, subject to their condition and applicable requirements. A PRIME INFILL OPPORTUNITY WITH MULTIPLE DEVELOPMENT POSSIBILITIES. Whether you're a builder looking for your next townhouse project, a developer exploring purpose-built rental housing, oran investor seeking long-term value, this property deserves your immediate attention. Opportunities like this are rare - secure your position in one of Richmond Hill's desirable growth corridors. Contact me today to request the available site plan, discuss the development potential, and arrange a private property showing. Bring your vision, explore the possibilities, and take the next step toward your next successful project!

Property Details

Property TypeResidential Freehold
StyleBungalow
ConstructionBrick
BasementFull
CoolingCentral Air
Lot Size—
Beds Above Grade3
Beds Below Grade—
ListedOctober 27, 2026

Location

Cross Street

REGENT ST AND ELGIN MILLS RD WEST

Community

Mill Pond, Richmond Hill

Postal Code

L4C 4M1

Listing data is provided by PropTx Innovations Inc. on behalf of the Toronto Regional Real Estate Board (TRREB) and other participating boards, and is shown courtesy of each listing brokerage. Information is deemed reliable but not guaranteed. Not intended to solicit buyers or sellers currently under contract. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Asking Price

$2,199,000

647-700-7939

Contact Agent

Ali Arbabi

Ali Arbabi

Sales Representative

RE/MAX Hallmark Realty Ltd.

Information provided by the Toronto Regional Real Estate Board (TRREB). Not intended to solicit buyers or sellers currently under contract. E.&O.E.

Ready to Make a Move?

Book Your Private Showing Today

Ali Arbabi is available to arrange a private showing at your convenience. As a Richmond Hill REALTOR® with RE/MAX Hallmark Realty Ltd., Brokerage, he will guide you through every step of the process.

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