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$29,835,000
Available - For Sale
Listing ID: N12637294
9218 Yonge Street , Richmond Hill, L4C 7A2, York


9218 Yonge Street represents an existing commercial retail plaza with an approved premier mixed-use redevelopment opportunity prominently located at the corner of Yonge Street in Richmond Hill. Positioned along one of the GTA's most active growth corridors, the Property is fully approved by the Ontario Land Tribunal (OLT) for a high-density residential development. It currently comprises two retail buildings, one two-tenant building and one multi-tenant plaza with approximately ten retailers, providing stable in-place income. The approved plans envision a landmark project consisting of two residential condominium towers of 42 and 36 storeys connected by a 6-storey podium. The development proposes a total of 796 residential units with a Gross Floor Area (GFA) of 663,020 sq. ft., with 8,407 sq. ft. of at-grade retail. The Property occupies approximately 1.826 acres with prime Yonge Street frontage, offering exceptional visibility and accessibility. Its location within the Yonge & Carrville Key Development Area (KDA) situates it among an emerging cluster of mixed-use, high-rise developments supported by strong municipal intensification policy, rapid population growth, and enhanced transit infrastructure. Surrounded by a range of retail, dining and community amenities, 9218 Yonge Street provides a compelling opportunity to deliver a large-scale, transit-oriented development in the heart of Richmond Hill's urban growth corridor.
Price $29,835,000
Taxes: $103058.80
Tax Type: Annual
Occupancy: Tenant
Address: 9218 Yonge Street , Richmond Hill, L4C 7A2, York
Postal Code: L4C 7A2
Province/State: York
Legal Description: PT LT 285 PL 1960; PT LT 286 PL 1960 PTS
Directions/Cross Streets: Yonge Street& Carrville Road
Washroom Type No. of Pieces Level
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Washroom Type 84 0
Washroom Type 85 0
Category: Designated
Use: Residential
Building Percentage: T
Total Area: 1.83
Total Area Code:  Acres
Washrooms: 0
Sewers: Sanitary+Storm
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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At a Glance:
Type: Com - Land
Area: York
Municipality: Richmond Hill
Neighbourhood: South Richvale
Style:
Lot Size: x 308.86(Feet)
Approximate Age:
Tax: $103,058.8
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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