175 Major Mackenzie Dr, Richmond Hill

175 Major Mackenzie Dr, Harding, Richmond Hill L4C1H4

1 1/2 Storey, Detached House
8 + 3 Rooms Total, 1 + 1 Kitchens
8 Parking Spaces

60.06 x 140.09

Hospital, Library, Public Transit, Rec Centre, School
Apartment, Sep Entrance Basement
Alum Siding, Brick Exterior

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.

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.

Pt Lt 122 Pl 2383 Markham As In R365150, Except Rn21734 & Rn18952 ; Richmond Hill

2-piece on main level
2-piece on main level
3-piece on bsmt level