429 16th Ave, Richmond Hill

429 16th Ave, Langstaff, Richmond Hill L4C7A7

Bungalow, Detached House
7 Rooms Total, 1 Kitchen
10 Parking Spaces

82.70 x 271.70

Part Fin Basement
Vinyl Siding Exterior

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!

Legal Description: Part Lot 17 Plan 3806 Parts 2, 4 & 5 65R38961 City Of Richmond Hill

Part Lot 17 Plan 3806 Parts 2, 4 & 5 65R38961 City Of Richmond Hill

4-piece on ground level