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Listed price in listed location currency (CAD).
$4,250,000

004

MLS® N13486498

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Attached
Taxes $15,910
Days Active 0
Lot Size 
Approx. Age 
MLS® Number N13486498

Property Address: 196 Elgin Mills Rd W, Richmond Hill, ON, L4C4M2

Average square foot calculated using Size range provided by listing agent.

Description

This property is under Power of sale. 0.95 acre of land together with an existing detached residence of approximately 3, 000 sq.ft. with a double-car garage - 41 Cooperage Cres (61.51 x164.49), providing potential rental income or interim use while pursuing future development plans. Previous development concepts contemplated approximately 14 townhouse units and 2 detached dwellings (buyer to conduct their own due diligence and verify all development potential with the municipality). An exceptional opportunity for developers, investors, land bankers and builders. Generate holding income from the existing residence while advancing planning applications, site plan approvals, redevelopment proposals, or potential future land assembly opportunities. Properties of this size and location rarely become available, and even more rarely under Power of Sale. Whether your strategy is redevelopment, investment, land banking, or assembly, this property offers significant upside potential in a highly desirable Richmond Hill location. Sold on an "As Is, Where Is" basis. Buyer to conduct their own due diligence regarding zoning, planning, development potential, permitted uses, and all other matters. However, Historical planning, engineering, and development-related materials may be available for review.
MLS® NumberN13486498
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageAttached
Approx. Age
BasementNone
DrivewayGarage Type:Attached
Garage Spaces
HeatOther
A/COther

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $4,250,000

For Sale · 0 days

$4,250,000

MLS® N13486498

17 hours ago

Not Sold Yet

June 2026, For Sale for $4,250,000

For Sale · 0 days

$4,250,000

MLS® N13486498

17 hours ago

Not Sold Yet

April 2026, Withdrawn for $4,500,000

Withdrawn · 155 days

$4,500,000

MLS® N12552200

2 months ago

Canceled on Apr 22, 2026

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