For Sale

9218 Yonge Street, Richmond Hill, Ontario L4C 7A2

$29,835,000

9218 Yonge Street, Richmond Hill, Ontario L4C 7A2 is For Sale and has a listing price of 29,835,000. The property is located in the Richvale neighbourhood . It's been on the website for 1 Day.

  • Land
    Property Type
  • MLS ID: N12637294
  • Office Name COLLIERS
Property Description

9218 Yonge Street represents an existing commercial retail plaza with an approved premier mixed-use redevelopment opportunity prominently located at the corner of Yonge Street in Richmond Hill. Positioned along one of the GTA’s most active growth corridors, the Property is fully approved by the Ontario Land Tribunal (OLT) for a high-density residential development. It currently comprises two retail buildings, one two-tenant building and one multi-tenant plaza with approximately ten retailers, providing stable in-place income. The approved plans envision a landmark project consisting of two residential condominium towers of 42 and 36 storeys connected by a 6-storey podium. The development proposes a total of 796 residential units with a Gross Floor Area (GFA) of 663,020 sq. ft., with 8,407 sq. ft. of at-grade retail. The Property occupies approximately 1.826 acres with prime Yonge Street frontage, offering exceptional visibility and accessibility. Its location within the Yonge & Carrville Key Development Area (KDA) situates it among an emerging cluster of mixed-use, high-rise developments supported by strong municipal intensification policy, rapid population growth, and enhanced transit infrastructure. Surrounded by a range of retail, dining and community amenities, 9218 Yonge Street provides a compelling opportunity to deliver a large-scale, transit-oriented development in the heart of Richmond Hill’s urban growth corridor.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: N12637294
  • Price: $29,835,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 308.86
  • Ref ID: N12637294
  • Dir / Cross St: Yonge Street& Carrville Road
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
12/16/2025 N12637294 $29,835,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richvale
  • $1,747,533 Average List Price
    based on 1 year
  • 155 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.69 % Up
  • Sold (12mo) 135
  • Rented (12mo) 229

  • 1 Month Change +76.4%
  • 3 Month Change +28.2%
  • 6 Month Change -
Walkscore
Additional Details
  • Taxes: $103,059
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 16/12/2025 21:07:25
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