For Sale

305 Red Maple Road, Richmond Hill (South Richvale), Ontario L4C6P2

$4,500,000

305 Red Maple Road, Richmond Hill (South Richvale), Ontario L4C6P2 is For Sale and has a listing price of 4,500,000. The property is located in the Langstaff neighbourhood. It's been on the website for 68 Days.

  • Industrial
    Property Type
  • MLS ID: N9039322
  • Office Name RE/MAX ELITE REAL ESTATE,RE/MAX ELITE REAL ESTATE
Property Description

Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it’s ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as 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. Adding to its appeal, the property includes a 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. **** EXTRAS **** The adjacent land is also for sale N8477584 (id:43137)

Property Details
  • MLS ID: N9039322
  • Price: $4,500,000
  • Transaction Types: For Sale
  • Ref ID: 27173022
  • Year Built: N/A
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/06/2024 N9305639 $4,500,000 For Sale - -
07/15/2024 N9039322 $4,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Langstaff
  • $868,915 Average List Price
    based on 1 year
  • 123 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.39 % Below
  • Sold (12mo) 185
  • Rented (12mo) 406

  • 1 Month Change +1.3%
  • 3 Month Change +22.3%
  • 6 Month Change -3.5%
Walkscore
Property Type Distribution
  • All Houses
    23.72%
  • Commercial
    2.56%
  • Condo
    73.72%
Additional Details
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/07/2024 00:00:00
  • Zoning M-c1 D75
  • Agent Name: FENGXIA SHIRLEY JI,IVY ZHANG
  • Last Updated: 16/09/2024 16:02:32
Open House Dates
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