4 Bedroom
3 Bathroom
2,000 - 2,500 sqft
Fireplace
Central Air Conditioning
Forced Air
$1,848,000
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. (id:50787)
Property Details
|
MLS® Number
|
N13042658 |
|
Property Type
|
Single Family |
|
Community Name
|
South Richvale |
|
Features
|
Conservation/green Belt |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
4 |
|
Age
|
31 To 50 Years |
|
Amenities
|
Fireplace(s) |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
N/a (partially Finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Fireplace Present
|
Yes |
|
Foundation Type
|
Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
241 Ft ,10 In |
|
Size Frontage
|
45 Ft |
|
Size Irregular
|
45 X 241.9 Ft |
|
Size Total Text
|
45 X 241.9 Ft |
https://www.realtor.ca/real-estate/29655003/75-spruce-avenue-richmond-hill-south-richvale-south-richvale