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196 Elgin Mills Road W
Westbrook Richmond Hill L4C 4M2

$4,250,000 /For Sale
Commercial

Main Photo: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
Photo 1: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
Photo 2: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
Photo 3: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13486488
Bus Major:
Residential
This property is under Power of sale. 0.95 acre of land together with an existing detached residence of approximately 3,000 sq.ft. with a double-car garage - 41 Cooperage Cres (61.51 x164.49), providing potential rental income or interim use while pursuing future development plans. Previous development concepts contemplated approximately 14 townhouse units and 2 detached dwellings (buyer to conduct their own due diligence and verify all development potential with the municipality). An exceptional opportunity for developers, investors, land bankers and builders. Generate holding income from the existing residence while advancing planning applications, site plan approvals, redevelopment proposals, or potential future land assembly opportunities. Properties of this size and location rarely become available, and even more rarely under Power of Sale. Whether your strategy is redevelopment, investment, land banking, or assembly, this property offers significant upside potential in a highly desirable Richmond Hill location. Sold on an "As Is, Where Is" basis. Buyer to conduct their own due diligence regarding zoning, planning, development potential, permitted uses, and all other matters. However, Historical planning, engineering, and development-related materials may be available for review.
Property Type:
Commercial
Property Sub Type:
Land
Total Area:
41382 sq. ft. Acres
Total Area:
41,382 sq. ft.
Lot Depth:
335'3"
Lot Frontage:
122'11"
Water supply:
Municipal
Zoning:
Residential
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To, Included In
Type Taxes:
Annual
Taxes:
$15,910 / 2025
Assessment:
$- / -
York
Richmond Hill
Westbrook
Utilities:
Yes
Sewers:
Septic
Seller Property Info Statement:
No
Major Business Type:
Residential
Category:
Designated
Date Listed:
Jun 24, 2026
Original Price:
Previous Price:
  • Photo 1: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
    Photo 1 of 3
  • Photo 2: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
    Photo 2 of 3
  • Photo 3: 196 Elgin Mills Road W in Richmond Hill: Westbrook Commercial for sale : MLS®# N13486488
    Photo 3 of 3
Listed by RE/MAX ELITE REAL ESTATE
Data was last updated June 26, 2026 at 04:57 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.