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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $0
Subdivision Crosby
MLS Listing ID N12441465
Annual Tax Amount $94,354
Tax Year 2025
Property Sub-Type Land
Property Description
10423 Yonge Street, Richmond Hill, Ontario is a 2.82-acre development site with frontage along Yonge Street, being sold under a Power of Sale process. The Property benefits from OLT-approved plans for a two-phase residential project consisting of 9 and 5-storey buildings with 567 units and total GFA of 497,293 SF (4.0x FSI). A higher-density concept is also under consideration, featuring three residential towers of 35, 28 and 10 storeys atop a seven-storey podium, together delivering 953 units and total GFA of 730,941 SF (5.96x FSI). The site currently contains low-rise commercial buildings with three tenants, providing interim income until redevelopment.
Location
Province ON
County York
Community Crosby
Area York
Exterior
Utilities Available Yes
Lot Frontage 155.0
Lot Depth 628.0
Listed by COLLIERS
"Helping clients build weath through strategic real estate aquisitions"