Price Estimate: $1,756,825
175 Major Mackenzie Dr E
Harding, Richmond Hill
$2,100,000
Price Estimate: $1,756,825
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Home Details
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Listing Description
Exciting real estate opportunity on Major Mackenzie Dr. E in Richmond Hill, On.The property, strategically situated on a major arterial road within the local mixed-use zone, aligns seamlessly with the official plan. Currently zoned RM3, there exists a compelling prospect to enhance the Floor Space Index (FSI). Moreover, the potential to convert the zoning to commercial presents a lucrative avenue to capitalize on the substantial growth unfolding in the area.One key advantage is the property's current lease at market price, providing a income stream for the purchaser. This financial cushion facilitates a seamless initiation of the rezoning process and the creation of a draft plan, ensuring a prudent and financially viable strategy. The existing three-storey zoning can be strategically amended to institutional use, unlocking a myriad of diverse possibilities for the property. Don't miss the chance to be part of the growth narrative and secure a prime investment in this thriving location.
Investors can leverage the property's income stability, paired with the potential for increased FSI and a shift to commercial zoning, to tap into the burgeoning market and position themselves for optimal returns.
City: Richmond Hill
Neighborhood: Harding
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| May 8, 2023 | 123 | $1,900,000 | N/A | Expired | N5961752 |
| Aug 3, 2022 | N/A | $1,900,000 | N/A | Sold | N5717238 |
| Aug 2, 2022 | 10 | $1,900,000 | N/A | Terminated | N5717302 |
| Jul 31, 2022 | N/A | $4,000 | N/A | Sold | N5647153 |
| Jun 13, 2022 | 0 | $3,200 | N/A | Terminated | N5656887 |
| Jun 13, 2022 | 0 | $4,000 | N/A | Terminated | N5656946 |
| Jun 13, 2022 | 14 | $3,200 | N/A | Terminated | N5657787 |
| Jun 13, 2022 | 50 | $2,499,000 | N/A | Terminated | N5656788 |
| Jun 2, 2022 | N/A | $2,499,000 | N/A | Sold | N5642697 |
| Mar 30, 2022 | N/A | $2,499,000 | N/A | Sold | N5554285 |
| Mar 29, 2022 | 63 | $2,499,000 | N/A | Expired | N5554334 |
| Dec 22, 2021 | N/A | $2,999,888 | N/A | Sold | N5459596 |
| Dec 21, 2021 | 91 | $2,999,888 | N/A | Expired | N5459601 |
| Nov 19, 2007 | 103 | $749,900 | N/A | Expired | N1264986 |
| Mar 7, 2006 | 92 | $550,000 | N/A | Expired | N853583 |
| Nov 30, 2004 | 120 | $499,900 | N/A | Expired | N578812 |
| Nov 9, 2004 | 111 | $850 | N/A | Expired | N568669 |
| Nov 9, 2004 | 92 | $1,375 | N/A | Suspended | N568656 |
| Aug 3, 2004 | 36 | $349,900 | $350,000 | Sold | N511020 |
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 175 Major Mackenzie Dr E is 10762
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2100000 |
| Down Payment | $420000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1680000 |
Monthly Payment
| Mortgage Payment | $10353 |
| Property Taxes | $409 |
| Maintenance Fees | $0 |
| Monthly Payment | $10762 |
About 175 Major Mackenzie Dr E, Richmond Hill
Located at 175 Major Mackenzie Dr E , this Richmond Hill house is available for sale. This property was listed for $2,100,000 on Mon Apr 08 2024. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 12 parking spots. 175 Major Mackenzie Dr E, Richmond Hill is situated in the Harding neighbourhood.
MLS#: N8107778 · $2,100,000 · 3 bedroom house in Harding, Richmond Hill