175 Major Mackenzie Drive E, Harding in Richmond Hill, ON
This is a Single Family Listing with an Apartment in basement, Separate entrance basement and Detached Garage parking.
175 Major Mackenzie Drive E, Harding in Richmond Hill
Exciting real estate opportunity on Major Mackenzie Dr. E in Richmond Hill, On.The property, strategically situated on a major arterial road within the local mixed-use zone, aligns seamlessly with the official plan. Currently zoned RM3, there exists a compelling prospect to enhance the Floor Space Index (FSI). Moreover, the potential to convert the zoning to commercial presents a lucrative avenue to capitalize on the substantial growth unfolding in the area.One key advantage is the property's current lease at market price, providing a income stream for the purchaser. This financial cushion facilitates a seamless initiation of the rezoning process and the creation of a draft plan, ensuring a prudent and financially viable strategy. The existing three-storey zoning can be strategically amended to institutional use, unlocking a myriad of diverse possibilities for the property. Don't miss the chance to be part of the growth narrative and secure a prime investment in this thriving location. **** EXTRAS **** Investors can leverage the property's income stability, paired with the potential for increased FSI and a shift to commercial zoning, to tap into the burgeoning market and position themselves for optimal returns. (id:6289)
$2,100,000
175 Major Mackenzie Drive E, Richmond Hill, Ontario
Essential Information
- MLS® #N8107778
- Price$2,100,000
- Bedrooms4
- Bathrooms3.00
- Acres0.00
- TypeSingle Family
- Sub-TypeFreehold
- Days on Website57
Amenities
- AmenitiesHospital, Public Transit, Schools
- UtilitiesSewer, Natural Gas, Electricity, Cable
- Parking Spaces12
- ParkingDetached Garage
- # of Garages1
Exterior
- ExteriorAluminum siding, Brick
- Lot Description60.06 x 140.09 FT
Community Information
- Address175 Major Mackenzie Drive E
- SubdivisionHarding
- CityRichmond Hill
- Postal CodeL4C1H4
Interior
- HeatingNatural gas Forced air
- CoolingCentral air conditioning
- BasementApartment in basement, Separate entrance
- # of Stories2
Listing Details
- Listing OfficeCOLDWELL BANKER THE REAL ESTATE CENTRE