$3,780,000Asking Price
429 16th Ave
Langstaff, Richmond Hill
Prime Development Opportunity! Zoned for Mixed-Use Development with Montessori School Opportunity Located On 16th Avenue In A Highly Sought-After Area, This Exceptional Property With 82 Feet Frontage Offers Outstanding Potential For Development. Previously Zoned R6 (Permitting Two Detached Houses In The Back) And SR-1 In The Front, The Property Now Features Enhanced Versatility With Institutional Zoning For The SR-1 Portion, Allowing For Residential Use Or A Day Nursery. The Site Plan Approval (SPA) And Permits Including Demolition, Site Servicing, And Building Permits Are Ready To Be Transferred To The New Owner (For An Applicable Fee) For A Montessori School Project. The Plans Allow For A Capacity Of 80 Students, Expandable To 90 Students, And Include 4 Classrooms, 3 Administrative Offices, A Full-Service Kitchen, Indoor/Outdoor Play Areas, And 16 Parking Spaces. These Ready-To-Build Plans Provide A Seamless Development Path While Allowing Flexibility For Other Uses Within The Existing Zoning.With The Simultaneous Sale Of The Adjacent Property, This Site Presents A Rare Land Assembly Opportunity, Ideal For Large-Scale Residential, Commercial, Or Mixed-Use Developments. Located In The Heart Of A Rapidly Growing Development District And Surrounded By Vibrant Neighbourhoods, This Property Offers Unparalleled Potential For Developers, Investors, Or Educational Institutions.Don't Miss The Chance To Secure A Key Piece Of Real Estate In One Of Richmond Hill's Most Dynamic And Fast-Growing Areas! **EXTRAS** Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL
Prime Development Opportunity! Zoned for Mixed-Use Development with Montessori School Opportunity Located On 16th Avenue In A Highly Sought-After Area, This Exceptional Property With 82 Feet Frontage Offers Outstanding Potential For Development. Previously Zoned R6 (Permitting Two Detached Houses In The Back) And SR-1 In The Front, The Property Now Features Enhanced Versatility With Institutional Zoning For The SR-1 Portion, Allowing For Residential Use Or A Day Nursery. The Site Plan Approval (SPA) And Permits Including Demolition, Site Servicing, And Building Permits Are Ready To Be Transferred To The New Owner (For An Applicable Fee) For A Montessori School Project. The Plans Allow For A Capacity Of 80 Students, Expandable To 90 Students, And Include 4 Classrooms, 3 Administrative Offices, A Full-Service Kitchen, Indoor/Outdoor Play Areas, And 16 Parking Spaces. These Ready-To-Build Plans Provide A Seamless Development Path While Allowing Flexibility For Other Uses Within The Existing Zoning.With The Simultaneous Sale Of The Adjacent Property, This Site Presents A Rare Land Assembly Opportunity, Ideal For Large-Scale Residential, Commercial, Or Mixed-Use Developments. Located In The Heart Of A Rapidly Growing Development District And Surrounded By Vibrant Neighbourhoods, This Property Offers Unparalleled Potential For Developers, Investors, Or Educational Institutions.Don't Miss The Chance To Secure A Key Piece Of Real Estate In One Of Richmond Hill's Most Dynamic And Fast-Growing Areas! **EXTRAS** Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL
See MoreKey Info
- Bungalow Detached
- 10-Car Private Driveway
- 2-Car Detached Garage
- Yonge & 16th
- Partially Finished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 82.7 x 271.7 Feet
- .50-1.99 Acreage
- Vinyl Siding Exterior
- No Waterfront Access
- Taxes were $9,563 in 2024
- Possession: TBD
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #N11947560
- RE/MAX HALLMARK REALTY LTD.
Extras
- Legal Description: PART LOT 17 PLAN 3806 PARTS 2, 4 & 5 65R38961 CITY OF RICHMOND HILL
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Ground Floor | |||
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Who lives here?
Langstaff, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, university grads and business, science and education, law & public sector professionals. It has a higher than average population of immigrants, particularly those recently arrived from Iran and those from Iran, China and Hong Kong, and Cantonese, Mandarin and Persian speakers. Residents tend to be younger with a significant number of adults aged 25 to 49.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
43%
of residents are
single and loving it.
43% singles
Richmond Hill (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
23%
of residents
are renters.
23% renters
Richmond Hill (19%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
59%
of residents are
university grads.
59% university grads
Richmond Hill (54%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$109K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 13% |
| Sales | 12% |
| Sciences | 11% |
| Management | 8% |
| Government | 8% |
Immigrants
68%
of residents were
born outside of Canada.
68% immigrants
Richmond Hill (59%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
14.1% from China
All-time
Birthplace - Recent
6.0% from China
Recent
Foreign Languages
Foreign Languages
| Cantonese | 16% |
| Mandarin | 15% |
| Persian | 14% |
| Korean | 5% |
| Russian | 4% |
Religions
Religions
| Christian | 41% |
| Muslim | 13% |
| Buddhist | 5% |
| Jewish | 3% |
| Hindu | 2% |
