10423 Yonge Street, Richmond Hill, ON L4C 3C2 – Richmond Hill – $1

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Description

10423 Yonge Street, Richmond Hill, Ontario is a 2.82-acre development site with frontage along Yonge Street, being sold under a Power of Sale process. The Property benefits from OLT-approved plans for a two-phase residential project consisting of 9 and 5-storey buildings with 567 units and total GFA of 497,293 SF (4.0x FSI). A higher-density concept is also under consideration, featuring three residential towers of 35, 28 and 10 storeys atop a seven-storey podium, together delivering 953 units and total GFA of 730,941 SF (5.96x FSI). The site currently contains low-rise commercial buildings with three tenants, providing interim income until redevelopment.

Property Details

• Property Type: Commercial
• List Price: $1
• Lot Size (sq ft): 2.82
• Tax Year: 2025
• Annual Taxes: $94,355