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$1,648,000Asking Price

8 Gallacher Avenue, Richmond Hill, ON L4E 2W9

Oak Ridges, Richmond Hill

Detached
4 + 2
Bedrooms
3
Baths
8
Parking
Day on Market

Nestled in the prestigious Oak Ridges community on a premium 75 x 200 ft regular lot surrounded by multi-million-dollar custom estates, this exceptional property offers endless opportunities for investors, builders, and end-users alike. Move in, generate rental income, or build your dream custom luxury mansion in one of Richmond Hill's most sought-after neighbourhoods. The spacious home features multiple living areas including a family room, combined living/dining room, and a large great room addition with soaring cathedral ceilings. Several principal rooms have been converted into additional bedrooms, maximizing income potential and flexibility for large or multi-generational families. The eat-in kitchen includes upgraded stainless steel appliances, breakfast bar, pantry cupboards, and a main floor laundry room with separate side entrance. The finished basement with 3-piece washroom provides additional living space and versatility. Outside, enjoy a beautifully landscaped park-like backyard, terrace, and an extended driveway with parking for up to 7 vehicles. Ideally located minutes to Yonge Street, top-rated schools, parks, shopping, Lake Wilcox, Oak Ridges Community Centre, and transit. A rare opportunity to own a premium lot with outstanding future redevelopment and income potential.

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Nestled in the prestigious Oak Ridges community on a premium 75 x 200 ft regular lot surrounded by multi-million-dollar custom estates, this exceptional property offers endless opportunities for investors, builders, and end-users alike. Move in, generate rental income, or build your dream custom luxury mansion in one of Richmond Hill's most sought-after neighbourhoods. The spacious home features multiple living areas including a family room, combined living/dining room, and a large great room addition with soaring cathedral ceilings. Several principal rooms have been converted into additional bedrooms, maximizing income potential and flexibility for large or multi-generational families. The eat-in kitchen includes upgraded stainless steel appliances, breakfast bar, pantry cupboards, and a main floor laundry room with separate side entrance. The finished basement with 3-piece washroom provides additional living space and versatility. Outside, enjoy a beautifully landscaped park-like backyard, terrace, and an extended driveway with parking for up to 7 vehicles. Ideally located minutes to Yonge Street, top-rated schools, parks, shopping, Lake Wilcox, Oak Ridges Community Centre, and transit. A rare opportunity to own a premium lot with outstanding future redevelopment and income potential.

Key Info

  • 2-Storey Detached
  • 6-Car Driveway
  • 2-Car Built-In Garage
  • Yonge/King Rd
  • 2000-2500 Approximate Sq Feet
  • Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 75 x 200 Feet
  • Brick/Vinyl Siding Exterior
  • Taxes were $7,694 in 2025
  • Possession: owner + tenant

Details

  • Fireplace
  • Family Room
  • Inground Pool
  • Central Vacuum
  • Sewers
  • Municipal Water
  •  
  • MLS #N13159072
  • RE/MAX REALTRON REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 14.27' x 10.79' Stainless Steel Appliances, Walkout To Yard
2 Breakfast Main 11.81' x 9.84' Laminate, Walkout To Yard
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Oak Ridges, Richmond Hill is a north GTA neighbourhood notable for its executives, business and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of Italian and Russian speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 35 to 54.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Richmond Hill  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

34% of residents are
single and loving it.

34% singles

Richmond Hill (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

6% of residents
are renters.

6% renters

Richmond Hill (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

48% of residents are
university grads.

48% university grads

Richmond Hill (54%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$158K

is the average household
income in the neighbourhood.

Richmond Hill  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 14%
Management 11%
Sciences 9%
Trades 8%

Immigrants

43% of residents were
born outside of Canada.

43% immigrants

Richmond Hill (59%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Iran was once home to 6.6% of immigrants.
China 5.0%
India 2.4%
Italy 2.0%
Russia 1.9%

6.6% from Iran
All-time

Birthplace - Recent

China was once home to 2.3% of immigrants.
Iran 1.2%
India 0.6%
Ukraine 0.4%
Pakistan 0.3%

2.3% from China
Recent

Foreign Languages

Foreign Languages

Persian 9%
Russian 7%
Mandarin 6%
Italian 5%
Cantonese 4%

Religions

Religions

Christian 59%
Jewish 8%
Muslim 8%
Hindu 3%
Buddhist 1%