All photos · 48

Mill Pond

10601 Bathurst Street, Richmond Hill, ON L4C 7V8

$2,500,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Positioned in the heart of Richmond Hill along a high-exposure corridor, 10601 Bathurst St presents a rare mixed-use investment opportunity on an expansive 0.88-acre lot. Zoned Neighborhood Mixed Use (NMU), the property supports a wide range of permitted uses including low-rise residential intensification, live-work configurations, and limited neighborhood-scale commercial applications .This versatile site is ideally suited for investors, developers, or end users seeking future growth potential. The zoning framework allows for multiple residential forms including duplexes, triplexes, fourplexes, townhouses, and apartment dwellings, along with secondary suites and garden suites (subject to approvals) . Provincial guidelines may permit up to three additional residential units, offering further density upside .The property is not currently impacted by conservation authority restrictions, simplifying the development pathway, while municipal services and strong surrounding growth trends support long-term value. With increasing intensification in the area and flexible zoning in place, this is a strategic acquisition for those looking to unlock redevelopment potential or establish a mixed-use presence in a thriving communityExceptional opportunity to own a versatile 5,500 sq. ft. building ideally suited for a wide range of commercial, professional office, live/work, wellness, or small business uses. This expansive building offers flexible interior space10601 Bathurst St presents a compelling opportunity for investors and builders alike, with documented past interest from builders exploring infill development potential. Situated on a desirable stretch of Bathurst Street, this property offers strong future upside, whether for redevelopment, land assembly, or as a strategic hold. The surrounding area continues to see growth and transformation, making this an attractive prospect for those looking to capitalizeon intensification opportunities in a high-demand corridor.

Heating

  • · Gas Forced Air Closed

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$11,448

Principal & interest, per month


Mortgage amount
$2,000,000
Down payment
$500,000
Total interest paid
$1,434,523

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

FOREST HILL REAL ESTATE INC.

Each office independently owned and operated.