ON > Richmond Hill
Richmond Hill, ON L4C 6P2,305 Red Maple RD
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Richmond Hill, ON L4C 6P2,305 Red Maple RD
Richmond Hill, ON L4C 6P2,305 Red Maple RD
Richmond Hill, ON L4C 6P2,305 Red Maple RD
Richmond Hill, ON L4C 6P2,305 Red Maple RD
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 4,500,000
Est. payment /mo
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305 Red Maple RD Richmond Hill, ON L4C 6P2

2 Beds

1 Bath

UPDATED:

09/30/2024 07:09 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID N9305639

Style Bungalow

Bedrooms 2

Annual Tax Amount $16,703

Tax Year 2023

Property Description

Attentions Builder and Developer!!! 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. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as 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. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures.

Location

Province ON

County York

Area South Richvale

Rooms

Family Room No

Basement Partially Finished

Kitchen 1

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 40.0

Pool None

Waterfront No

Roof Type Unknown

Total Parking Spaces 40

Building

Foundation Unknown

Listed by RE/MAX ELITE REAL ESTATE
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305 Red Maple RD