Real Estate Example
Independently Owned And Operated
40 - 1110 Finch Ave West , Toronto, ON
196 Elgin Mills Road W W
Westbrook, Richmond Hill, ON, L4C 4M2
Power of Sale
Asking: $4,250,000
Days on market: 6
Style: Detached, Bungalow
Approx. Sqft: 1100-1500
Cross St: Yonge/Elgin Mills
Lot size: 122.9 feet x 335.22 feet
Extra Information
Taxes: $15,910.00/2025
Basement: None
Drive: Private
Garage Space(s): Attached/1
Parking Space(s): 4
Fireplace/Stove: N
Heating: Other
CAC: Other
Exterior: Brick
Pool: None
Occupancy: TBA
MLS#: N13486498
Description: This property is under Power of sale. 0.95 acre of land together with an existing detached residence of approximately 3,000 sq.ft. with a double-car garage - 41 Cooperage Cres (61.51 x164.49), providing potential rental income or interim use while pursuing future development plans. Previous development concepts contemplated approximately 14 townhouse units and 2 detached dwellings (buyer to conduct their own due diligence and verify all development potential with the municipality). An exceptional opportunity for developers, investors, land bankers and builders. Generate holding income from the existing residence while advancing planning applications, site plan approvals, redevelopment proposals, or potential future land assembly opportunities. Properties of this size and location rarely become available, and even more rarely under Power of Sale. Whether your strategy is redevelopment, investment, land banking, or assembly, this property offers significant upside potential in a highly desirable Richmond Hill location. Sold on an "As Is, Where Is" basis. Buyer to conduct their own due diligence regarding zoning, planning, development potential, permitted uses, and all other matters. However, Historical planning, engineering, and development-related materials may be available for review.
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Listed by RE/MAX ELITE REAL ESTATE
NOTE: The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
NOTE: The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
