40-60 Harris Avenue, Richmond Hill, ON

$17,000,000
MLS#:N12920140
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] land located in the coveted neighborhood of Jefferson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $17,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 290 x 385 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

40-60 Harris Avenue, Richmond Hill, Ontario is a unique opportunity to acquire a partially serviced 2.55-acre development site with planning approvals in-place for a 49-unit townhouse development. The Property is located in an affluent residential community just west of Yonge Street in the Jefferson neighbourhood of Richmond Hill, one of the GTA's most sought-after residential markets. Current development plans for the Site comprise 11 freehold and 38 common element condominium townhouse units across eight blocks, with an average unit size of approximately 2,419 square feet. An incoming developer will benefit from substantial servicing work completed to date, including installation of municipal services to lot lines, full grading and paving of the private internal roadway, and municipal roadway servicing along Harris Avenue.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date3/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size290 × 385 Feet
CountyYork
Annual Tax$53,315.3
Legal DescriptionBLOCK 1, PLAN 65M4772 SUBJECT TO AN EASEMENT AS IN YR3632399 CITY OF RICHMOND HILL

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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40-60 Harris Avenue, Richmond Hill, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Jefferson, Richmond Hill.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,451,393

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Marguerite D'Youville
Public121 Rollinghill Road, Richmond Hill, Ontario, L4E 4L2
7.4
Moraine Hills
Public85 Rollinghill Road, Richmond Hill, Ontario, L4E 4C7
8.2
MacLeod's Landing
Public195 Silver Maple Road, Richmond Hill, Ontario, L4E 4Z1
7.1
Trillium Woods
Public18 Alamo Heights Drive, Richmond Hill, Ontario, L4S 2P3
8.1
Bond Lake
PublicWilcox Lake, Richmond Hill, Ontario
8.6

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40-60 Harris Avenue, Richmond Hill, ON L4E 3M2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$13,600,000
Monthly Mortgage$79,021
Property Tax (Est.)$4,443
Utilities & Maint.$350
Total Monthly Cost$83,814

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.