For Sale

23 Colston Court, Richmond Hill (South Richvale), Ontario L4C9Z3

$3,925,000

23 Colston Court, Richmond Hill (South Richvale), Ontario L4C9Z3 is For Sale and has a listing price of 3,925,000. The property is located in the Langstaff neighbourhood. It's been on the website for 151 Days.

  • Vacant Land
    Property Type
  • MLS ID: N8477584
  • Office Name RE/MAX ELITE REAL ESTATE,RE/MAX ELITE REAL ESTATE
Property Description

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 (id:43137)

Property Details
  • MLS ID: N8477584
  • Price: $3,925,000
  • Transaction Types: For Sale
  • Ref ID: 27090308
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/25/2024 N8477584 $3,925,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Langstaff
  • $907,019 Average List Price
    based on 1 year
  • 84 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.65 % Below
  • Sold (12mo) 195
  • Rented (12mo) 473

  • 1 Month Change -2.3%
  • 3 Month Change +11.8%
  • 6 Month Change +46.2%
Walkscore
  • 52 Walk Score
    Somewhat Walkable
  • 53 Transit Score
    Good Transit
  • 43 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    23.68%
  • Commercial
    2.14%
  • Condo
    74.18%
Additional Details
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/06/2024 00:00:00
  • Zoning Rmh
  • Agent Name: FENGXIA SHIRLEY JI,IVY ZHANG
  • Last Updated: 16/10/2024 15:48:29
Open House Dates
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