Excellent Location: Richmond Hill is strategically located, offering easy access to major highways and transportation hubs. It is conveniently situated near Richmond Hill Go Station Rail Commuter Rail, King City Go Station Rail Commuter Rail, and various airports, including Buttonville Municipal Airport, Billy Bishop Toronto City Airport, and Toronto Pearson International Airport. Vibrant Community: Richmond Hill is known for its welcoming and diverse community. It offers a range of cultural events, festivals, and recreational activities for residents of all ages. Education: The city boasts excellent educational institutions, including top-rated schools and prestigious post-secondary options. Families with children can benefit from the high-quality education available in the area. Natural Beauty: Richmond Hill is surrounded by beautiful parks, trails, and green spaces, providing opportunities for outdoor activities and a healthy lifestyle. Residents can enjoy the scenic beauty of the area while staying active. Amenities and Entertainment: The city offers a wide range of amenities, including shopping centers, restaurants, entertainment venues, and recreational facilities. There is always something to do and explore in Richmond Hill. Real Estate Potential: Richmond Hill has a strong real estate market, offering attractive investment opportunities. The average sale price per square foot for pre-construction condos in the area is around $1,200/sqf, indicating the potential for value appreciation. This land is located in a gateway to the Harris Beach Area and has great potential for development. With a 5.5 FSI (Floor Space Index) granted to the KDA (Kingston Downtown Association), there is the possibility of a potential GFA of 261,255.995 buildable square footage. The land offers the opportunity for a 25-storey building with mixed-use in one acre. Richmond Hill offers attractive pre-construction comps in the area, such as Westwood Gardens, 8888 Yonge Street Condos, 8188 Yonge Condos, NEXT ELGIN EAST PHASE 2 CONDOS, and Y8700 Condos. These developments have average sale prices per square foot ranging from $1,150 to $1,250, indicating the potential for lucrative investment returns. Don't miss out on this opportunity to invest in a prime residential land in Richmond Hill. With its excellent location, vibrant community, natural beauty, and real estate potential, Richmond Hill is an ideal place to live and invest. Contact us now to learn more about this listing and explore the possibilities it offers Transit access: • VIVA at your door step • Richmond Hill Go Station Rail Commuter Rail (Richmond Hill Train) 10 min • King City Go Station Rail Commuter Rail (Barrie Train) 12 min • Airport Drive Distance Buttonville Municipal Airport 16 min 10.5 mi • Billy Bishop Toronto City Airport 51 min 28.5 mi • Toronto Pearson International Airport 47 min 29.1 mi WHY RICHMOND HILL? COMMUNITY PROFILE Richmond Hill is a great location to start and grow your business. The success of our businesses is just one of the reasons why we are known as The Smart Place for Business. ?? Population Richmond Hill has a population of 202,022 that speaks 126 languages. ?? Talent Richmond Hill has one of Canada’s most educated workforces, and York Region’s most educated workforce, with more than 50% of residents holding a university degree and over 77% with post-secondary education. You will have access to a diverse, highly skilled talent pool to grow your business. ?? Employment Growth 5,180 companies created more than 73,000 jobs. ?? Innovation Richmond Hill is home to disruptive innovators. We are part of Canada’s largest technology cluster and also a pioneer in four key business sectors: Professional, Scientific and Technical Services, Health Industry, Finance and Insurance, and Information and Cultural Industries. A whole lot of really smart people work here, and they are leading the new knowledge economy. ?? Ideal Location Our businesses benefit from a prime location as we are located in the center of the Greater Toronto Area. With great access to transit systems (including the future Yonge Subway Extension) and proximity to major highways, ports, and international airports, you will be able to move with ease within the entire area. ?? Competitive Cost of Doing Business Richmond Hill has competitive development charges, office development and redevelopment incentives, and comparatively low property tax rates, allowing you to properly manage these costs and focus on your business growth.