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For saleMLS® N13825158

0 16TH Avenue PIN#031092447, Richmond Hill, ON L4C 9T3

Langstaff · L4C 9T3

$2,500,000

$293 / sq ft

1 months on market

Interior
8,518.88 sf
Lot
49.87 × 150 ft

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About this property

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.

Property details

Property

Property type
vacant land
Interior size
8,518.88 sq ft
Lot size
49.87 × 150 ft
Zoning
KAD-YC
Possession
Flexible

Exterior & services

Sewer
Sanitary

Costs

List price
$2,500,000
Price per sq ft
$293

Listing

MLS® number
N13825158
Status
For sale
Listed
September 24, 2026
Days on market
42
Last updated
September 24, 2026
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 75% of comparable vacant land listings in Richmond Hill are asking less.

$1Median $1.30M$4.64M
This home
$293 / sq ft
Comparable median
$122 / sq ft

Based on 40 comparable active vacant land listings in Richmond Hill. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $500,000
$500,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,058.34
Estimated monthly
$11,058

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$48,975
Total due on closing
$48,975

An estimate on the asking price of $2,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,500,000

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