Future Development Opportunity - 45.18 Acres | Bathurst St Just South of King Rd. Rare offering of approximately 45.18 acres with 1,230 feet of frontage on the west side of Bathurst Street, just south of King Road. Prime location positioned along the Richmond Hill subdivision boundary with convenient access to Highways 400 & 404, offering exceptional long-term growth potential. Currently zoned Agricultural, permitting agricultural uses and greenhouse operations, including policies allowing up to 60% greenhouse cultivation and 20% enclosed building coverage, subject to required approvals and licensing. Planning review indicates potential future residential redevelopment in the 2028/2029 time frame. Preliminary assessments suggest the possibility of accommodating approximately 282 residential units, subject to Official Plan Amendment, rezoning, draft plan approval, servicing allocation, and all municipal and regional approvals. Purchasers are advised to conduct their own independent due diligence regarding development potential, timelines, and permitted uses. The property is improved with an existing approximately 4,000 sq. ft. two-storey commercial building featuring equipment storage, four drive-in doors, approximately 100,000 sq. ft. asphalt yard, ample exterior lighting, and a 28-ft access gate. An approved permit is in place for an additional approximately 4,600 sq. ft. storage building.Ideal opportunity for investors, agricultural operators, owner-users, or land bankers seeking strategic long-term appreciation in a high-growth corridor.Don't miss this exceptional opportunity.
Address
12820-12822 Bathurst Street
List Price
$67,000,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
King
Sub-Area
King City
Region
York
Lot Depth
698.15
Lot Type
Lot
Lot Size Units
Feet
Lot Width
339.62
Total Building Area
45.184
Occupant Type
Owner
Cross Street
Bathurst & King
MLS® Number
N12802484
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Basement
No
Postal Code
L7B 1K5
Posession Details
TBA
Tax Amount
$5,600.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Tax Legal Description
PT LT 4 CON 2 KING PT 1 65R5820 ; KING
Sewer
Septic