4
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$29,835,000
Est. payment /mo
New
9218 Yonge ST Richmond Hill, ON L4C 7A2
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision South Richvale
MLS Listing ID N12637294
Annual Tax Amount $103,058
Tax Year 2025
Property Sub-Type Land
Property Description
9218 Yonge Street represents a 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.
Location
Province ON
County York
Area York
Exterior
Utilities Available Yes
Lot Frontage 276.52
Lot Depth 308.86
Others
ParcelsYN No
Listed by COLLIERS
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