For Sale

12820-12822 Bathurst Street, King, Ontario L7B 1K5

$67,000,000

12820-12822 Bathurst Street, King, Ontario L7B 1K5 is For Sale and has a listing price of 67,000,000. The property is located in the King neighbourhood . It's been on the website for 7 Days.

  • Land
    Property Type
  • MLS ID: N12802484
  • Office Name SUTTON GROUP-ADMIRAL REALTY INC.
Property Description

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
  • MLS ID: N12802484
  • Price: $67,000,000
  • Lot Depth: 698.15
  • Transaction Types: For Sale
  • Ref ID: N12802484
  • Year Built: N/A
  • Dir / Cross St: Bathurst & King
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
02/19/2026 N12802484 $67,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
King
  • $3,069,244 Average List Price
    based on 1 year
  • 169 New Listings
    based on 30 days
  • 105 Median Days on Market
    based on 1 year
  • List vs. Selling Price 284.17 % Up
  • Sold (12mo) 212
  • Rented (12mo) 85

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Taxes: $5,600
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 19/02/2026 17:24:09
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