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12820-12822 Bathurst Street

King, ON L7B 1K5

ActiveFor Sale
0 Beds
0 Baths
45 Sq Ft
Land

About This Property

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.

Property Details

StatusActive
Property TypeLand
Listing TypeFor Sale
Interior Size45 sq ft
Bedrooms0
Bathrooms0
Postal CodeL7B 1K5
Last UpdatedAug 8, 2026 · 7:12 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12802484

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$67,000,000

asking price

MLS®N12802484
TypeLand
CityKing
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$327,170

/month · $53,600,000 mortgage

Down Payment20% — $13,400,000
Interest Rate5.5%

Amortization

Total Interest

$44,550,950

Total Cost

$98,150,950

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

SUTTON GROUP-ADMIRAL REALTY INC.