Home ›Listings ›Richmond Hill ›N12839098

196 Elgin Mills Road Richmond Hill ON

📍 Richmond Hill, Ontario L4C 4M2

$2,900,000

Active
122.9×335.22LOT (FT)

📋 Listing Highlights

StatusActive
MLS®N12839098
ListedMar 3, 2026
Days on Market—
Property TypeCommercial
StyleLand
Cross StreetYonge/ Elgin MIlls
PossessionFlexible

📝 Listing Description

This nearly 1-acre site boasts an impressive 123 feet of frontage and is ideally positioned just steps from Yonge Street. Located in one of Richmond Hill's most sought-after corridors, the property offers outstanding potential for residential redevelopment. Potential for 14 freehold townhouses. Drawings available. Surrounded by established neighbourhoods, transit, amenities, and major growth infrastructure, this is a rare opportunity for builders, developers, and investors to secure a prime infill site in a high-demand location. Don't miss this exceptional investment opportunity in a rapidly evolving area.

🏠 Property Details

Property TypeCommercial
StyleLand

📐 Lot & Land

Lot Width122.9 ft
Lot Depth335.22 ft
Cross StreetYonge/ Elgin MIlls

💰 Financial

List Price$2,900,000
Annual Taxes$15,910 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$580,000
Est. Monthly Payment
$14,247/mo
Principal: $2,320,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by VANGUARD REALTY BROKERAGE CORP.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N12839098 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.