305 Red Maple Rd Richmond Hill, ON L4C 6P2
Listing Courtesy of: TORONTO IDX / Re/Max Elite Real Estate

  305 Red Maple Rd Richmond Hill, ON L4C 6P2

Active
$4,500,000
2
BED
1
BATH

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.

MLS®:
N9305639
Taxes
$16,704(2023)
Type
Single-Family Home
Style
Bungalow
County
Regional Municipality of York
Community
South Richvale

Listed By

Re/Max Elite Real Estate
Source
TORONTO IDX
Last checked Oct 13 2024 at 4:31 PM GMT+0000
Bathroom Details
Interior Features
  • The Adjacent Land is Also for Sale N8477584
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Part Fin
Exterior Features
  • Brick
  • Alum Siding
Utility Information
  • Sewer: Sewers
  • Fuel: Gas
Garage
  • None
Location
   
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Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/13/24 09:31