305 Red Maple Road, Richmond Hill | Image 1

305 Red Maple Road

Richmond Hill, South Richvale

  • 2 bed 1 bath
$4,500,000 est.*: $15,244/mo
For Sale

Added 3 months ago

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  • Type: Detached

  • Style: Bungalow

  • Lot Size: 200 x 165.16 Feet

  • Age: No Data

  • Taxes: $16,704 per year

  • Days on Site: 85 Days

  • Added: Sep 05, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: N9305639

  • Listed By: Re/max elite real estate

Attentions Builder and Developer!!! 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. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as 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. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures.

Extras

The adjacent land is also for sale N8477584

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: Bungalow

  • Area: Richmond Hill

  • Community: South Richvale

Inside

  • Bedrooms: 2

  • Bathrooms: 1

  • Kitchens: 1

  • Rooms: 5

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 1

Building

  • Basement: Part Fin

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Alum Siding

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 40

  • Total Parking Spaces: 40

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lt 50 Pl 3806 And Pt Lt 51 Pl 3806

  • Taxes: $16,704

Land

  • Cross Street: Yonge Street & 16th

  • Municipality District: Richmond Hill

  • Fronting On: East

  • Parcel Number: 031100240

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 165.16 Feet

  • Lot Frontage: 200 Feet

  • Zoning: M1 Industrial

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Somewhat Walkable

  • Some errands can be accomplished on foot.
53 /100

Good Transit

  • Some errands can be accomplished by public transportation.
57 /100

Somewhat Bikeable

  • Most errands require a car.
40 /100
JK-5

Ross Doan Public School

Elementary: Public
1.62 km
4-8

Roselawn Public School

Elementary: Public
1.63 km
JK-8

St John Paul II Catholic Elementary School

Elementary: Catholic
0.66 km
JK-8

Sixteenth Avenue Public School

Elementary: Public
0.70 km
JK-8

Charles Howitt Public School

Elementary: Public
1.24 km
JK-8

Red Maple Public School

Elementary: Public
0.75 km
9-12

École secondaire Norval-Morrisseau

Secondary: Public
3.22 km
9-12

Thornlea Secondary School

Secondary: Public
3.02 km
9-12

Jean Vanier High School

Secondary: Catholic
4.02 km
9-12

Alexander MacKenzie High School

Secondary: Public
2.70 km
9-12

Langstaff Secondary School

Secondary: Public
1.75 km
9-12

Bayview Secondary School

Secondary: Public
3.18 km
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