$3,788,000Asking Price
1/2-acre lot available in South Richvale! Interested in building your own home? Discover this beautiful 1/2-acre lot available for sale in the exclusive community of South Richvale in Richmond Hill. This property is set back on a quiet section of the street conveniently located 5 minutes away from the Shuttle-direct to Pearson Airport, and four major transportation arteries (Yonge Street, Hwy7,404 & 407). This old established neighbourhood is undergoing rapid change with older homes being bought up and replaced with custom-built multi-million-dollar mansions. This property is one of a few remaining large 1/2 acre lots available for sale in this prestigious South Richvale community. Boasting 100 feet width x 232.8 feet depth, this lot could accommodate a magnificent gated-stately Mansion, circular driveway, pool, and plenty of land to spare for your exclusive peace and privacy. There are no houses up against the back of this property; the house on the property behind is set an acre distance away, giving you an acre of depth between the two houses. Area by-laws allow this property to be subdivided into two separate 1/4-acre estate lots, or the property could serve as an investment in real estate $$$ in one of the best areas of South Richmond Hill/Richvale. Although there are commonly 50-foot-wide properties throughout the cities, the reality about large parcels of land is once they're gone, they're gone. This is an opportunity to build your dream home, entirely to your specifications. Rendered photos are provided for inspiration, showcasing the potential to build one expansive custom home or two separate residences on this unique lot.
1/2-acre lot available in South Richvale! Interested in building your own home? Discover this beautiful 1/2-acre lot available for sale in the exclusive community of South Richvale in Richmond Hill. This property is set back on a quiet section of the street conveniently located 5 minutes away from the Shuttle-direct to Pearson Airport, and four major transportation arteries (Yonge Street, Hwy7,404 & 407). This old established neighbourhood is undergoing rapid change with older homes being bought up and replaced with custom-built multi-million-dollar mansions. This property is one of a few remaining large 1/2 acre lots available for sale in this prestigious South Richvale community. Boasting 100 feet width x 232.8 feet depth, this lot could accommodate a magnificent gated-stately Mansion, circular driveway, pool, and plenty of land to spare for your exclusive peace and privacy. There are no houses up against the back of this property; the house on the property behind is set an acre distance away, giving you an acre of depth between the two houses. Area by-laws allow this property to be subdivided into two separate 1/4-acre estate lots, or the property could serve as an investment in real estate $$$ in one of the best areas of South Richmond Hill/Richvale. Although there are commonly 50-foot-wide properties throughout the cities, the reality about large parcels of land is once they're gone, they're gone. This is an opportunity to build your dream home, entirely to your specifications. Rendered photos are provided for inspiration, showcasing the potential to build one expansive custom home or two separate residences on this unique lot.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 16.14' x 9.81' | |
| 1 5-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Main Floor | ||||
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South Richvale, Richmond Hill is a north GTA neighbourhood notable for its university grads and executives. It has a higher than average population of recent immigrants from Iran and those from Italy and Iran, and Italian, Persian and Russian speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Kids Per Family
1.3
kids per family
in the neighbourhood.
38%
of residents are
single and loving it.
38% singles
Richmond Hill (39%)
14%
of residents
are renters.
14% renters
Richmond Hill (19%)
56%
of residents are
university grads.
56% university grads
Richmond Hill (54%)Average Household Income
$189K
is the average household
income in the neighbourhood.
Professions
| Management | 12% |
| Sales | 11% |
| Business | 11% |
| Government | 7% |
| Sciences | 7% |
57%
of residents were
born outside of Canada.
57% immigrants
Richmond Hill (59%)14.9% from Iran
All-time
9.9% from Iran
Recent
Foreign Languages
| Persian | 16% |
| Mandarin | 10% |
| Italian | 9% |
| Russian | 6% |
| Cantonese | 5% |
Religions
| Christian | 51% |
| Muslim | 15% |
| Jewish | 9% |
| Hindu | 1% |
| Buddhist | 1% |