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.
Data was last updated June 25, 2026 at 06:22 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$1,784,000
Min list price:
$1,190,000
Max list price:
$4,250,000
Avg days on market:
32
Min days on market:
1
Max days on market:
155
These statistics are generated based on the current listing's property type
and located in
Westbrook. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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