Map location of 175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4
$1,899,999
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175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4

Contact
- Beds
3 Baths
8,407 Sq Ft

Lucrative real estate investment opportunity on Major Mackenzie Dr. E in Richmond Hill, ON, in the heart of the City, close to current High-Density Residential Construction. The property, strategically situated on a major arterial road intersecting Yonge St, within the Local Mixed-Use Zone, aligns seamlessly with the official plan. Transit and proximity to two highways make this property quite desirable in the investment and building space. Currently zoned RM3, there exists a compelling prospect to enhance the Floor Space Index (FSI). Moreover, the potential to convert the zoning to commercial presents a lucrative avenue to capitalize on the substantial growth unfolding in the area. One key advantage is the property's current lease at market price, providing an income stream for the purchaser. This financial cushion facilitates a seamless initiation of the rezoning process and the creation of a draft plan, ensuring a prudent and financially viable strategy. The existing three-storey zoning can be strategically amended to institutional use, and mid-density housing unlocks a myriad of diverse possibilities for the property. Don't miss the chance to be part of the growth narrative and secure a prime investment in this thriving location. EXTRAS Investors can leverage the property's income stability, paired with the potential for increased FSI and a shift to commercial zoning, to tap into the burgeoning market and position themselves for optimal returns. (id:55598)

Listing By: ROY CADO - COLDWELL BANKER THE REAL ESTATE CENTRE
Listing provided courtesy of Canadian Real Estate Association
  • MLS® N8383618
  • Date Listed05/29/2024
  • Days on Realty 106 Days
  • Bedrooms -
  • Bathrooms 3 baths
  • Lot Size -
  • Subdivision Harding
  • Property Type Office
  • Water Public
  • Square Feet 8,407 sq. ft
  • Price Per Sq. Ft $226.01

Interior Features

  • Cooling Fully Air Conditioned
  • Heating Other, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

École secondaire Norval-Morrisseau

Public • 6 - 12

1.08 km

Distance

Roselawn Public School

Public • 6 - 12

2.87 km

Distance

Zion Heights Middle School

Public • 6 - 8

9.44 km

Distance

Highland Middle School

Public • 6 - 8

9.54 km

Distance

Alexander MacKenzie High School

Public • 9 - 12

1.48 km

Distance

Bayview Secondary School

Public • 9 - 12

1.95 km

Distance

Our Lady Queen of the World Catholic Academy

Public • 9 - 12

2.19 km

Distance

Langstaff Secondary School

Public • 9 - 12

3.64 km

Distance

St. Theresa of Lisieux Catholic High School

Public • 9 - 12

3.64 km

Distance

Thornlea Secondary School

Public • 9 - 12

5.35 km

Distance

Thornhill Secondary School

Public • 9 - 12

6.99 km

Distance

St. Robert Catholic High School

Public • 9 - 12

5.49 km

Distance

St. Augustine Catholic High School

Public • 9 - 12

5.76 km

Distance

St. Elizabeth Catholic High School

Public • 9 - 12

8.34 km

Distance

Richmond Hill Montessori Private School

Private • 9 - 12

0.61 km

Distance

St. John Paul II Catholic Elementary School

Private • PK - 8

2.3 km

Distance

Richmond Hill High School

Private • 9 - 12

1.96 km

Distance

Toronto Waldorf School

Private • PK - 12

2.63 km

Distance

Richmond Green Secondary School

Private • 9 - 12

2.49 km

Distance

Ner Israel Yeshiva College

Private • PK - 8

2.93 km

Distance

Stephen Lewis Secondary School

Private • 9 - 12

3.27 km

Distance

Kayla's Children Centre

Private • PK - 8

4.32 km

Distance

Netivot Hatorah Day School

Private • PK - 8

4.32 km

Distance

Yorkhill Elementary School

Private • PK - 8

5.01 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / L4C1H4

Source: Walkscore

73/100

Very Walkable

Walk Score ®

51/100

Good Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

Transit Summary

14 nearby routes: 13 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 42/100, Bike Score: 42/100.

Points of interest near 175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4

357 m

Distance

0.51 km

Distance

434 m

Distance

456 m

Distance

286 m

Distance

425 m

Distance

486 m

Distance

202 m

Distance

228 m

Distance

368 m

Distance

450 m

Distance

Frequently Asked Questions for 175 MAJOR MACKENZIE DRIVE E

Source: Realty.com

175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4 is a Office, Commercial Sale property listed for $1,899,999 The property is 8407 sq. ft with - bedrooms and 3 bathrooms

Realty.com has 14 photos of 175 MAJOR MACKENZIE DRIVE E.

The full address for this home is 175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4.

175 MAJOR MACKENZIE DRIVE E has been listed on Realty.com since Wed May 29, 2024

Most errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 42/100, Bike Score: 42/100.

Listing provided courtesy of: COLDWELL BANKER THE REAL ESTATE CENTRE (tel: (905) 737-5700)
Listing agent: ROY CADO (tel: (905) 737-5700)

This content last refreshed on 2024-09-12 05:24:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4 : MLS® N8383618

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