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NewDetached

281 Elgin Mills Road W

Mill Pond · Richmond Hill, L4C 4M1

$2,199,000

Beds
3
Baths
3
Size
700-1,100 ft²
Type
Detached
Listed
Listed today
MLS®
N14119826

About this home

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

MLS® number
N14119826
Property type
Detached
Style
Bungalow
Bedrooms
3
Bathrooms
3
Kitchens
1
Interior size
700-1,100 ft²
Lot
102.68 × 212.16 ft
Basement
Full
Heating
Forced Air, Gas
Cooling
Central Air
Parking
11 total, garage: other
Exterior
Brick
Property taxes
$8,019 (2025)
Possession
TDB
Cross street
REGENT ST AND ELGIN MILLS RD WEST
Community
Mill Pond
City
Richmond Hill

Rooms

  • Living Room

    13' 1" × 10' 2"

    Ground

    Window

  • Primary Bedroom

    6' 11" × 6' 7"

    Ground

    Window, Closet

  • Bedroom 2

    6' 1" × 6' 11"

    Ground

  • Bedroom 3

    6' 3" × 6' 7"

    Ground

    Window, Closet

  • Bedroom 4

    6' 11" × 5' 11"

    Ground

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

Mill Pond · Richmond Hill, near REGENT ST AND ELGIN MILLS RD WEST

281 Elgin Mills Road W, Richmond Hill

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$9,737per month

$439,800 down · 4.5% · 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Richmond Hill

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Want to see it in person? We will book it.

Private showings usually happen within a day or two. We confirm the time with the listing brokerage and meet you at the door, with our honest read on the home and its price.

281 Elgin Mills Road W, Richmond Hill | Detached for sale