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1.7 Acre Strategic Development Opportunity in Richmond Hill Next to NewKirk Go Station (MTSA)

Situated in the heart of Richmond Hill, 189 Centre Street offers a unique opportunity to develop a high-density, mixed-use project in one of the city’s most dynamic neighborhoods. This 1.7-acre parcel is strategically located between Bayview Avenue and Yonge Street, providing exceptional visibility and accessibility

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  • Resale

  • Commercial

  • 74052 Sqft
Last Update : 2 June 2025

189 Centre Street, Richmond Hill, ON L4C 1A5

Unlock the Potential of a Prime 1.7-Acre Parcel in a Rapidly Growing Urban Hub

Situated in the heart of Richmond Hill, 189 Centre Street offers a unique opportunity to develop a high-density, mixed-use project in one of the city's most dynamic neighborhoods. This 1.7-acre parcel is strategically located between Bayview Avenue and Yonge Street, providing exceptional visibility and accessibility


Property Highlights

  • Lot Size: 1.70 acres

  • Zoning: IC1 (Industrial Commercial)

  • Official Plan Designation: Residential

  • Potential Uses: Office, Multifamily, Self-Storage, Hold for Development

  • Visibility: High exposure from Centre Street and Crosby Avenue

  • Proximity: Steps from Newkirk GO Station (MTSA area)

  • Assembly Potential: Opportunity to expand control up to 2.4 acres


Investment Overview

This property presents a compelling opportunity for developers and investors aiming to capitalize on the growing demand for transit-oriented, high-density residential and commercial spaces in Richmond Hill. With favorable zoning and strong market fundamentals, the site is primed for a landmark development that will contribute to the area's continued growth and vibrancy.

The strategic location ensures excellent connectivity and access to a wide range of amenities, making it an attractive option for future residents and businesses.


Location Advantages

  • Transit-Oriented: Adjacent to Newkirk GO Station, facilitating easy commutes to downtown Toronto and beyond

  • High Traffic Exposure: Located on Centre Street and Crosby Avenue, ensuring maximum visibility

  • Proximity to Amenities: Close to shopping centers, schools, parks, and other essential services

  • Accessibility: Easy access to major highways and public transportation networks

Register Now

   

300 Richmond St W #300, Toronto, ON M5V 1X2

   

inquiries@Condoy.com

  

(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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