114 Weldrick Rd W

Location, Location, Location! Large parcel of land, 1/2 acre lot available, in the exclusive community of South Richvale; located right off Yonge Street with quick access-routes to downtown Toronto and within minutes of the Shuttle to Pearson Airport, the 407, 404, hwy 7, Go transit, & Viva Transit. This old established neighbourhood is undergoing rapid change with the older homes being bought up and replaced with custom-built multi-million-dollar mansions. This is your chance to design the home of your dreams, inside and out and have a huge backyard-oasis for privacy, seclusion, and pleasure. The property is one of the few remaining large 1/2 acre lots available for sale in this prestigious South Richvale community, boasting 100 feet width x 232.8 feet depth; this lot could accommodate a magnificent stately Mansion on a 1/2 acre of prime real estate in South Richvale or the lot could be subdivided into two separate-1/4 acre estate lots. The area has the finest schools, - from all levels - the low, middle and high schools are within walking distance, quick access to U of T and York Univ, OCAD Univ, etc), There are several libraries, parks, restaurants of all flavours, 2 golf courses within a 10 minute drive, places of worship and multiple diversity and conveniences to shopping areas. The Subway is coming in 2030.

Attentions Builder and Developer!!! Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the City of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures.