429 16th Avenue For Sale

Richmond Hill, Langstaff, L4C 7A7

$3,780,000

Description

Listed by RE/MAX HALLMARK REALTY LTD..

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

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  • Address: 429 16th Avenue
  • Neighborhood: Langstaff
  • City: Richmond Hill
  • State: Ontario
  • Postal Code: L4C 7A7

Property Details

  • Property ID: N11947560
  • Property Price: $3,780,000
  • Style: Detached, Bungalow
  • Rooms: 7
  • Bedrooms: 3
  • Bath: 1
  • Garages Spaces: 2
  • Garage: Detached
  • Parking Spaces: 12
  • A/C: Central Air
  • Basement: Part Fin
  • Central Vac.: N
  • Den: Y
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $9,563.00 (2024)
  • Acreage: .50-1.99 Acres
  • Lot: 271.70x82.70 (Feet)

Recently Sold

  • Detached House sold at 5 Lunar Crescent, Markham, Buttonville, L3R 2T9 - MLS: N11942879
    • Sold 6 days ago

    5 Lunar Crescent

    Markham, Buttonville, L3R 2T9

    $3,600,000

    $000000

  • Detached House sold at 19 Sandfield Road, Toronto, Banbury-Don Mills, M3B 2B5 - MLS: C11924630
    • Sold 23 days ago

    19 Sandfield Road

    Toronto, Banbury-Don Mills, M3B 2B5

    $4,200,000

    $000000

  • Detached House sold at 13230 Centreville Creek Road, Caledon, Rural Caledon, L7C 3A7 - MLS: W10875184
    • Sold 19 days ago

    13230 Centreville Creek Road

    Caledon, Rural Caledon, L7C 3A7

    $3,999,000

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

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