Saturday, August 8th, 2026

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$4,250,000
Available - For Sale
Listing ID: N13486488
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.
Price $4,250,000
Taxes: $15,910
Tax Type: Annual
Occupancy by: Vacant
Address: 196 Elgin Mills Road West , Richmond Hill, L4C 4M2, York
Postal Code: L4C 4M2
Province/State: York
Legal Description: PART LOT 7 PLAN 2404, PARTS 1, 3 & 5, 65
Directions/Cross Streets: Yonge/ Elgin Mills
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Designated
Use: Residential
Total Area: .95
Total Area Code:  Acres
Maintenance: 0
Sewers: Septic
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Asking Price: $ Heating: $ /Year  
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RE/MAX ELITE REAL ESTATE

196 Elgin Mills Road West , Richmond Hill, L4C 4M2, York

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Land
Area: York
Municipality: Richmond Hill
Neighbourhood: Westbrook
Style:
Lot Size: x 335.22(Feet)
Approximate Age:
Tax: $15,910
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com