$3,925,000
23 Colston CT Richmond Hill, ON L4C 9Z3
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$3,925,000
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Active
23 Colston CT Richmond Hill, ON L4C 9Z3
UPDATED:
09/30/2024 07:10 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID N8477584
Annual Tax Amount $9,649
Tax Year 2023
Property Description
Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the city of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Key Features: zoning permits a wide range of uses including automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Location: Located in close proximity to numerous condominium and townhouse developments at the intersection of 16th Avenue and Yonge Street, this property is ideally positioned for potential redevelopment projects. Accessibility: Excellent access to major transportation routes ensures convenient connectivity, enhancing the property's attractiveness for a variety of commercial and mixed-use developments. Whether you're seeking a site for immediate business operations or exploring long-term redevelopment opportunities in a rapidly developing area, this property offers the flexibility and potential to accommodate a wide range of ventures.
Location
State ON
County York
Area South Richvale
Exterior
Utilities Available Available
Listed by RE/MAX ELITE REAL ESTATE
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