0 16TH Avenue PIN#031092447, Richmond Hill

$2,500,000
0 16TH Avenue PIN#031092447

$2,500,000

New
29d
Land

0 16TH Avenue PIN#031092447, Richmond Hill

Total Monthly Obligation $10,459

Beds
0
Baths
0
Park
0
DOM
29d
Property Type-Land
MLS® Number-N13825158
Beds-0
Lot Size-49.87 × 150 ft
Listed on site-Sep 24, 2026
Building Type-Land
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Fireplace-No
Pool-None
Sewer-Sanitary
Possession-Flexible
Neighbourhood-Langstaff
Title-Commercial

No agent assigned

Exceptional opportunity to acquire a strategically located commercial development site in Richmond Hill, situated just northeast of Yonge Street & 16th Avenue and northeast of the Beverly Hills Condominiums. This approximately 8,518.51 sq. ft. parcel offers approximately 49.87 ft. of frontage with excellent visibility and accessibility, fronting directly onto the 16th Avenue service road. Zoned KAD-YC (5) under Zoning By-law 93-25, as amended, with a variety of potential permitted uses. Approximate GFA of 36,199 ft2. Excellent opportunity to design and develop a commercial building in a high-demand location surrounded by established and growing residential communities, amenities, transit and major transportation routes. Please refer to the attached City of Richmond Hill zoning information for permitted uses and applicable provisions. Buyer/Buyer's Agent to conduct their own due diligence and verify zoning, permitted uses, development potential, measurements, GFA and all municipal requirements. Property identified by PIN 031092447.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$2,000,000
Land Transfer Taxes$48,975
Legal Fees (Est.)
$
Total cash required for closing$550,475

Total Monthly Obligation

$10,459/mo
Mortgage $10,084
Monthly Loss $7,806
Principal$2,654
Interest$7,431
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 0 16TH Avenue PIN#031092447

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.