23 Colston Court, Richmond Hill | Image 1

23 Colston Court

Richmond Hill, South Richvale

  • Commercial

$3,925,000
For Sale

Added 4 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Industrial

  • Zoning: M1

  • Age: No Data

  • Taxes: 9649.2

  • MLS®#: N8477584

  • Days on Site: 72 Days

  • Added: Jun 25, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX ELITE REAL ESTATE

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. Key Features: zoning permits a wide range of uses including 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. Location: Located in close proximity to numerous condominium and townhouse developments at the intersection of 16th Avenue and Yonge Street, this property is ideally positioned for potential redevelopment projects. Accessibility: Excellent access to major transportation routes ensures convenient connectivity, enhancing the property's attractiveness for a variety of commercial and mixed-use developments. Whether you're seeking a site for immediate business operations or exploring long-term redevelopment opportunities in a rapidly developing area, this property offers the flexibility and potential to accommodate a wide range of ventures.

Extras

The adjacent land is also for sale N9039322

Property

  • Status: Sale

  • Type: Industrial

  • Property Type: Land

  • Property Type: Designated

  • Area: Richmond Hill

  • Community: South Richvale

  • Availability Date: Imme/TBA

Utilities

  • Utilities: Available

Building

  • Basement: N

  • UFFI: No

  • Freestanding: N

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 50 PL 3806 MARKHAM AS IN R701484 ;RH

  • Taxes: $9,649

  • Taxes Type: Annual

Land

  • Cross Street: Yonge St/ 16th Ave/

  • Municipality District: Richmond Hill

  • Sewer: San+Storm Avail

  • Lot Depth: 411.27 Feet

  • Lot Frontage: 82.58 Feet

  • Zoning: M1

Commercial Specific

  • Total Area: 0.78

  • Total Area Metric: Acres

  • Franchise: N

  • Lot Code: Lot

JK-5

Ross Doan Public School

Elementary: Public
1.52 km
JK-8

St Joseph Catholic Elementary School

Elementary: Catholic
2.08 km
JK-8

St John Paul II Catholic Elementary School

Elementary: Catholic
0.80 km
JK-8

Sixteenth Avenue Public School

Elementary: Public
0.62 km
JK-8

Charles Howitt Public School

Elementary: Public
1.31 km
JK-8

Red Maple Public School

Elementary: Public
0.89 km
9-12

École secondaire Norval-Morrisseau

Secondary: Public
3.08 km
9-12

Thornlea Secondary School

Secondary: Public
3.15 km
9-12

Jean Vanier High School

Secondary: Catholic
3.89 km
9-12

Alexander MacKenzie High School

Secondary: Public
2.56 km
9-12

Langstaff Secondary School

Secondary: Public
1.83 km
9-12

Bayview Secondary School

Secondary: Public
3.06 km
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