175 Major Mackenzie Drive East, Richmond Hill | Image 1

175 Major Mackenzie Drive East

Richmond Hill, Harding

  • 3 bed 3 bath 1100 sqft
$2,100,000 est.*: $7,114/mo
For Sale

Added 1 month ago

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  • Type: Detached

  • Style: 1 1/2 Storey

  • Size: 1100 sqft

  • Lot Size: 60.06 x 140.09 Feet

  • Age: 51-99 years

  • Taxes: $4,909 per year

  • Days on Site: 38 Days

  • Added: Mar 01, 2024 (1 month ago)

  • Updated:

  • Last Checked: 58 minutes ago

  • MLS®#: N8107778

  • Listed By: Coldwell banker the real estate centre

Exciting real estate opportunity on Major Mackenzie Dr. E in Richmond Hill, On.The property, strategically situated on a major arterial road within the local mixed-use zone, aligns seamlessly with the official plan. Currently zoned RM3, there exists a compelling prospect to enhance the Floor Space Index (FSI). Moreover, the potential to convert the zoning to commercial presents a lucrative avenue to capitalize on the substantial growth unfolding in the area.One key advantage is the property's current lease at market price, providing a income stream for the purchaser. This financial cushion facilitates a seamless initiation of the rezoning process and the creation of a draft plan, ensuring a prudent and financially viable strategy. The existing three-storey zoning can be strategically amended to institutional use, unlocking a myriad of diverse possibilities for the property. Don't miss the chance to be part of the growth narrative and secure a prime investment in this thriving location.

Extras

Investors can leverage the property's income stability, paired with the potential for increased FSI and a shift to commercial zoning, to tap into the burgeoning market and position themselves for optimal returns.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 1 1/2 Storey

  • Size (sq ft): 1100

  • Age: 51-99

  • Area: Richmond Hill

  • Community: Harding

  • Availability Date: TBD

Inside

  • Bedrooms: 3

  • Bedrooms Plus: 1

  • Bathrooms: 3

  • Kitchens: 1

  • Kitchens Plus: 1

  • Rooms: 8

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 3

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Yes

  • Telephone: Yes

Building

  • Basement: Apartment

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Alum Siding

  • Exterior: Brick

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Other Structures: Workshop

Parking

  • Driveway: Pvt Double

  • Garage Spaces: 4

  • Garage Type: Detached

  • Covered Parking Spaces: 8

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 122 PL 2383 Markham as in R365150, Except RN21734 & RN1895

  • Taxes: $4,909

Highlights

  • Feature: Hospital

  • Feature: Library

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Yonge St And Major M

  • Municipality District: Richmond Hill

  • Fronting On: South

  • Parcel Number: 031390006

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 140.09 Feet

  • Lot Frontage: 60.06 Feet

  • Acres: < .50

  • Zoning: RM3

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Somewhat Walkable

  • Some errands can be accomplished on foot.
51 /100

Good Transit

  • Some errands can be accomplished by public transportation.
52 /100

Bikeable

  • Some errands can be accomplished on bike.
51 /100
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Map of 175 Major Mackenzie Drive East, Richmond Hill
7-8

École élémentaire Norval-Morrisseau

Elementary: Public
0.98 km
JK-8

O M MacKillop Public School

Elementary: Public
1.53 km
JK-5

Ross Doan Public School

Elementary: Public
1.85 km
JK-8

St Joseph Catholic Elementary School

Elementary: Catholic
1.16 km
JK-8

Walter Scott Public School

Elementary: Public
0.86 km
JK-8

Crosby Heights Public School

Elementary: Public
1.47 km
9-12

École secondaire Norval-Morrisseau

Secondary: Public
0.97 km
9-12

Jean Vanier High School

Secondary: Catholic
1.94 km
9-12

Alexander MacKenzie High School

Secondary: Public
1.22 km
9-12

Langstaff Secondary School

Secondary: Public
3.79 km
9-12

Richmond Hill High School

Secondary: Public
3.46 km
9-12

Bayview Secondary School

Secondary: Public
1.51 km

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