South Richvale · L4C 6V9
$1,848,000
MLS® #N13042658
4
Bedrooms (3+1)
3
Bathrooms
2000-2500
Sq Ft
About This Property
Opportunity knocks in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2years as the market evolves for secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, location, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity. Top 5 Reasons to Buy : Prestigious South Richvale LocationSituated in one of Richmond Hill's most affluent and sought-after communities, surrounded by luxury custom homes and strong long-term value.Premium 1/4 Acre South-Facing LotA rare 10,882 sq. ft. lot with ideal southern exposure-perfect for maximizing natural light and designing a high-end custom residence.Immediate Income PotentialThe existing home offers the option to rent and generate cash flow while you plan your future build or wait for optimal market conditions.Exceptional Redevelopment OpportunityA prime canvas for builders and end-users looking to create a custom dream home in a neighborhood where redevelopment is already well underway.Strategic Buy Ahead of Market UpswingPurchase at today's pricing, hold short-term, and position yourself to benefit from future appreciation in a consistently high-demand area.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Pool
Taxes
Mortgage Calculator
Estimated monthly payment
$9,079
Down payment: $369,600 · Loan: $1,478,400
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
RE/MAX HALLMARK YORK GROUP REALTY LTD.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Apr 27, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.