Exciting real estate opportunity on Major Mackenzie Dr. E in Richmond Hill, On. The property is near Yonge St, Mackenzie Health Hospital, Central Library, public transit routes (both the Rapid Transit and the GO Transit), community amenities, notably the central downtown core of the city, and between two major highways. The property, strategically situated on a major arterial road within the local mixed-use zone, aligns seamlessly with the official plan. 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, unlocking 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)
- MLS® N8383582
- Date Listed05/29/2024
- Days on Realty 129 Days
- Bedrooms 4
- Bathrooms 2 Half baths
- Lot Size -
- Sewer Other
- Subdivision Harding
- Property Type Single Family Residence
- Water Public
Interior Features
- Cooling Central Air Conditioning
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
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.
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Frequently Asked Questions for 175 MAJOR MACKENZIE DRIVE E
Source: Realty.com
175 MAJOR MACKENZIE DRIVE E, Richmond Hill, ON L4C1H4 is a Single Family Residence, Residential property listed for $1,899,999 The property is 0 sq. ft with 4 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 2024-10-05 19:52:51. 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® N8383582