ON > Richmond Hill > Langstaff
Richmond Hill, ON L4C 7A7,429 16th AVE
Richmond Hill, ON L4C 7A7,429 16th AVE
Richmond Hill, ON L4C 7A7,429 16th AVE
Richmond Hill, ON L4C 7A7,429 16th AVE
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Désirée King

Désirée King

+1(416) 333-8520
$ 3,780,000
Est. payment | /mo

3 Beds

1 Bath

0.5 Acres Lot

Save
$ 3,780,000
Est. payment | /mo
Save

3 Beds

1 Bath

0.5 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision Langstaff

MLS Listing ID N11947560

Style Bungalow

Bedrooms 3

Annual Tax Amount $9,563

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Detached

Property Description

Prime Development Opportunity! Zoned for Mixed-Use Development with Montessori School Opportunity Located On 16th Avenue In A Highly Sought-After Area, This Exceptional Property With 82 Feet Frontage Offers Outstanding Potential For Development. Previously Zoned R6 (Permitting Two Detached Houses In The Back) And SR-1 In The Front, The Property Now Features Enhanced Versatility With Institutional Zoning For The SR-1 Portion, Allowing For Residential Use Or A Day Nursery. The Site Plan Approval (SPA) And Permits Including Demolition, Site Servicing, And Building Permits Are Ready To Be Transferred To The New Owner (For An Applicable Fee) For A Montessori School Project. The Plans Allow For A Capacity Of 80 Students, Expandable To 90 Students, And Include 4 Classrooms, 3 Administrative Offices, A Full-Service Kitchen, Indoor/Outdoor Play Areas, And 16 Parking Spaces. These Ready-To-Build Plans Provide A Seamless Development Path While Allowing Flexibility For Other Uses Within The Existing Zoning.With The Simultaneous Sale Of The Adjacent Property, This Site Presents A Rare Land Assembly Opportunity, Ideal For Large-Scale Residential, Commercial, Or Mixed-Use Developments. Located In The Heart Of A Rapidly Growing Development District And Surrounded By Vibrant Neighbourhoods, This Property Offers Unparalleled Potential For Developers, Investors, Or Educational Institutions.Don't Miss The Chance To Secure A Key Piece Of Real Estate In One Of Richmond Hill's Most Dynamic And Fast-Growing Areas! **EXTRAS** Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL

Location

Province ON

County York

Community Langstaff

Area York

Rooms

Family Room Yes

Basement Partially Finished

Kitchen 1

Interior

Interior Features None

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 82.7

Lot Depth 271.7

Total Parking Spaces 12

Building

Foundation Block

Others

ParcelsYN No

Listed by RE/MAX HALLMARK REALTY LTD.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 333-8520

desiree@kingsdownsizing.com

130 King St. W. Unit 1800B, M5X1E3, Toronto, Ontario, Canada

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429 16th AVE