$2,599,999Asking Price
**Severed Double Lot in Prestigious Royal Orchard**investment and development opportunity in the highly sought-after Royal Orchard Golf Course community in Thornhill. This rare 100 x 150 ft. parcel has already received severance approval into two premium 50 x 150 ft. lots, offering the ideal opportunity to build two custom luxury homes in one of Thornhill's most prestigious neighborhoods.Currently improved with a well-maintained home generating approximately $6,000/month in rental income from A+ tenants in good standing, this property provides strong holding income while preparing for future development.each lot is capable of supporting a custom luxury residence ranging from approximately 3,500 to 5,000 sq.ft.Surrounded by multi-million-dollar estates in the prestigious Uplands area, the property features mature spruce trees creating a private, fully fenced backyard oasis. The generous lot depth allows for exceptional outdoor living possibilities, including pools, large entertainment areas, landscaped gardens, and spacious family-oriented outdoor spaces.Ideally located just steps from Yonge Street, with direct transit access to Finch Station and York University, and minutes to Highway 407, top-rated schools, golf courses, parks, shopping, skiing, and all major amenities.
**Severed Double Lot in Prestigious Royal Orchard**investment and development opportunity in the highly sought-after Royal Orchard Golf Course community in Thornhill. This rare 100 x 150 ft. parcel has already received severance approval into two premium 50 x 150 ft. lots, offering the ideal opportunity to build two custom luxury homes in one of Thornhill's most prestigious neighborhoods.Currently improved with a well-maintained home generating approximately $6,000/month in rental income from A+ tenants in good standing, this property provides strong holding income while preparing for future development.each lot is capable of supporting a custom luxury residence ranging from approximately 3,500 to 5,000 sq.ft.Surrounded by multi-million-dollar estates in the prestigious Uplands area, the property features mature spruce trees creating a private, fully fenced backyard oasis. The generous lot depth allows for exceptional outdoor living possibilities, including pools, large entertainment areas, landscaped gardens, and spacious family-oriented outdoor spaces.Ideally located just steps from Yonge Street, with direct transit access to Finch Station and York University, and minutes to Highway 407, top-rated schools, golf courses, parks, shopping, skiing, and all major amenities.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 2-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Royal Orchard, Markham is a north GTA neighbourhood notable for its singles, renters, university grads, executives and education, law & public sector professionals. It has a higher than average population of immigrants from Iran, and Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 50 to 64 and seniors aged 65 to 79 and 65 to 79.
Kids Per Family
1.1
kids per family
in the neighbourhood.
42%
of residents are
single and loving it.
42% singles
Markham (39%)
22%
of residents
are renters.
22% renters
Markham (15%)
54%
of residents are
university grads.
54% university grads
Markham (48%)Average Household Income
$133K
is the average household
income in the neighbourhood.
Professions
| Sales | 12% |
| Business | 11% |
| Government | 9% |
| Management | 9% |
| Sciences | 7% |
48%
of residents were
born outside of Canada.
48% immigrants
Markham (60%)12.3% from Iran
All-time
2.6% from Iran
Recent
Foreign Languages
| Persian | 13% |
| Russian | 6% |
| Mandarin | 5% |
| Cantonese | 4% |
| Korean | 4% |
Religions
| Christian | 60% |
| Muslim | 10% |
| Jewish | 9% |
| Hindu | 2% |
| Buddhist | 2% |