$3,780,000

429 16th Avenue, Richmond Hill, ON L4C 7A7

Langstaff, Richmond Hill,

| | 10  | sq.ft. |

Properties with this icon are courtesy of TRREB.

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

Property Info
MLS®: N11947560
Listing Courtesy of RE/MAX HALLMARK REALTY LTD.
Total Bedrooms 3
Total Bathrooms 1
Basement 1
Lot Size 22470 sq.ft.
Style Bungalow
Last Updated 2025-01-30
Property Type House
Listed Price $3,780,000
Tax Estimate $9,563/Year
More Details
Exterior Finish Vinyl Siding
Parking Cover 2
Parking Total 10
Water Supply Municipal
Foundation Sewer
Summary
    Location and General Information
  • HoldoverDays: 120
  • Architectural Style: Bungalow
  • Property Type: Residential Freehold
  • Property Sub Type: Detached
  • DirectionFaces: South
  • GarageType: Detached
  • Taxes and HOA Information
  • Tax Year: 2024
  • Parking
  • Parking Features: Private
  • ParkingSpaces: 10
  • Parking Total: 12
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 1
  • WashroomsType1Level: Ground
  • Bedrooms Information
  • BedroomsAboveGrade: 3
  • Interior Features
  • Basement: Partially Finished
  • Cooling: Central Air
  • HeatSource: Gas
  • HeatType: Forced Air
  • Exterior Features
  • ConstructionMaterials: Vinyl Siding
  • Roof: Asphalt Shingle
Property
    Utilities
  • Sewer: Sewer
  • Property and Assessments
  • Foundation Details: Block
  • Lot Information
  • Parcel Number: 031110487
  • LotSizeUnits: Feet
  • LotDepth: 271.7
  • LotWidth: 82.7
Sold History
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School Catchments
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