1,100 - 1,500 ft2
Bungalow
Other
$4,250,000
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. (id:61483)
Property Details
|
MLS® Number
|
N13486498 |
|
Property Type
|
Single Family |
|
Community Name
|
Westbrook |
|
Parking Space Total
|
5 |
Building
|
Architectural Style
|
Bungalow |
|
Basement Type
|
None |
|
Construction Style Attachment
|
Detached |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Unknown |
|
Heating Fuel
|
Other |
|
Heating Type
|
Other |
|
Stories Total
|
1 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
335 Ft ,2 In |
|
Size Frontage
|
122 Ft ,10 In |
|
Size Irregular
|
122.9 X 335.2 Ft |
|
Size Total Text
|
122.9 X 335.2 Ft |
|
Zoning Description
|
Residential |
https://www.realtor.ca/real-estate/29950190/196-elgin-mills-road-w-richmond-hill-westbrook-westbrook