$ 4,250,000
-
$4,250,000
Price -
0
Bed -
0
Bath -
1,100
SqFt
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About the Listing 178600 -
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.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Residential
MLS ®
N13486498
Year Built
Total Square Footage
1,100
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Unknown
- Others:
- Sewer: Sewer
- Parking Features: Private,Attached,Has Garage
Financial Details
- Tax Amount: $15,910
- Taxes w/Assessments: N/A
- Tax/Property ID: 032192171
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
196 Elgin Mills Rd W Richmond Hill, ON L4C 4M2
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