$2,780,000Asking Price
An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods. Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an outstanding opportunity for builders, developers, investors, or end-users looking to create two spectacular custom estates. Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable properties of its kind. The approvals are in place, servicing is available, allowing you to move forward with confidence.The existing two-storey home is well maintained and fully rentable, providing immediate holding income while you finalize building plans or prepare for construction. Ideally located within close proximity to highly regarded schools, beautiful parks, golf courses, shopping, restaurants, public transit, and major highways, this property offers the perfect balance of luxury living, convenience, and long-term investment potential. Whether your vision is to build and sell two prestigious custom homes, create a legacy estate for generations to come, or capitalize on one of Richmond Hill's increasingly limited development opportunities, this property represents an offering that is becoming exceptionally rare. A truly remarkable opportunity where location, scale, approvals, and future value come together. Rarely does a property of this calibre become available.
An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods. Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an outstanding opportunity for builders, developers, investors, or end-users looking to create two spectacular custom estates. Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable properties of its kind. The approvals are in place, servicing is available, allowing you to move forward with confidence.The existing two-storey home is well maintained and fully rentable, providing immediate holding income while you finalize building plans or prepare for construction. Ideally located within close proximity to highly regarded schools, beautiful parks, golf courses, shopping, restaurants, public transit, and major highways, this property offers the perfect balance of luxury living, convenience, and long-term investment potential. Whether your vision is to build and sell two prestigious custom homes, create a legacy estate for generations to come, or capitalize on one of Richmond Hill's increasingly limited development opportunities, this property represents an offering that is becoming exceptionally rare. A truly remarkable opportunity where location, scale, approvals, and future value come together. Rarely does a property of this calibre become available.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.99' x 10.40' | Eat-in Kitchen, Centre Island |
| 2 | Other | Main | 10.01' x 19.82' | Breezeway, Enclosed, French Doors |
| 1 2-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 5-Piece Bathroom | ||||
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Jefferson, Richmond Hill is a north GTA neighbourhood notable for its university grads, executives, business, science and education, law & public sector professionals and salespeople. It has a higher than average population of immigrants, particularly those from Iran and China, and Mandarin, Persian and Russian speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 35 to 54.
Kids Per Family
1.5
kids per family
in the neighbourhood.
33%
of residents are
single and loving it.
33% singles
Richmond Hill (39%)
8%
of residents
are renters.
8% renters
Richmond Hill (19%)
62%
of residents are
university grads.
62% university grads
Richmond Hill (54%)Average Household Income
$153K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Sciences | 13% |
| Business | 12% |
| Management | 10% |
| Government | 8% |
61%
of residents were
born outside of Canada.
61% immigrants
Richmond Hill (59%)16.3% from China
All-time
3.9% from China
Recent
Foreign Languages
| Mandarin | 18% |
| Persian | 11% |
| Cantonese | 10% |
| Russian | 6% |
| Arabic | 3% |
Religions
| Christian | 42% |
| Muslim | 13% |
| Jewish | 7% |
| Hindu | 4% |
| Buddhist | 3% |