429 16th Avenue, Richmond Hill | Image 1

429 16th Avenue

Richmond Hill, Langstaff

  • 3 bed 1 bath
$3,780,000 est.*: $12,805/mo
For Sale

Added 1 day ago

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  • Type: Detached

  • Style: Bungalow

  • Lot Size: 82.7 x 271.7 Feet

  • Age: No Data

  • Taxes: $9,563 per year

  • Days on Site: 1 Days

  • Added: Jan 29, 2025 (1 day ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: N11947560

  • 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

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: Bungalow

  • Area: Richmond Hill

  • Community: Langstaff

  • Availability Date: TBD

  • Assessment Amount: $1,337,000

  • Assessment Year: 2025

Inside

  • Bedrooms: 3

  • Bathrooms: 1

  • Kitchens: 1

  • Rooms: 7

  • Den/Family Room: Yes

  • Air Conditioning: Central Air

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 1

Utilities

  • Electricity: Yes

  • Gas: Yes

Building

  • Basement: Part Fin

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Spaces: 2

  • Garage Type: Detached

  • Covered Parking Spaces: 10

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND H

  • Taxes: $9,563

Land

  • Cross Street: Yonge & 16th

  • Municipality District: Richmond Hill

  • Fronting On: South

  • Parcel Number: 031110143

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 271.7 Feet

  • Lot Frontage: 82.7 Feet

  • Acres: .50-1.99

  • Zoning: RR1

  • Waterfront: None

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Somewhat Walkable

  • Some errands can be accomplished on foot.
62 /100

Good Transit

  • Some errands can be accomplished by public transportation.
50 /100

Somewhat Bikeable

  • Most errands require a car.
39 /100
JK-8

St Joseph Catholic Elementary School

Elementary: Catholic
1.59 km
JK-8

St John Paul II Catholic Elementary School

Elementary: Catholic
1.19 km
JK-8

Walter Scott Public School

Elementary: Public
2.18 km
JK-8

Sixteenth Avenue Public School

Elementary: Public
0.11 km
JK-8

Red Maple Public School

Elementary: Public
1.27 km
JK-8

Bayview Hill Elementary School

Elementary: Public
1.46 km
9-12

École secondaire Norval-Morrisseau

Secondary: Public
2.99 km
9-12

Thornlea Secondary School

Secondary: Public
3.20 km
9-12

Jean Vanier High School

Secondary: Catholic
3.46 km
9-12

Alexander MacKenzie High School

Secondary: Public
2.67 km
9-12

Langstaff Secondary School

Secondary: Public
2.45 km
9-12

Bayview Secondary School

Secondary: Public
2.57 km
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