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$2,780,000Asking Price

437 16th Avenue, Richmond Hill, ON L4C 7A7

Langstaff, Richmond Hill

Detached
3 + 1
Bedrooms
2
Baths
6
Parking
Days on Market

Prime Development Opportunity in the Heart of Richmond Hill! Located directly on 16th Avenue, this exceptional property presents a rare chance for redevelopment or land assembly. With a generous lot size of 82 x 315 feet, it offers endless potential for residential, commercial, institutional, or mixed-use development.Positioned in a thriving growth corridor, surrounded by established and emerging communities, this site is ideal for developers, investors, or institutions looking to make a strategic acquisition in one of Richmond Hills most dynamic and fast-growing areas.Whether you're envisioning a large-scale residential project, a private school campus, or a landmark commercial build, the flexibility and location of this parcel make it an unparalleled investment.Extras:Legal Description: PT LT 18 PL 3806 MARKHAM AS IN MA51386 ; RICHMOND HILL

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Prime Development Opportunity in the Heart of Richmond Hill! Located directly on 16th Avenue, this exceptional property presents a rare chance for redevelopment or land assembly. With a generous lot size of 82 x 315 feet, it offers endless potential for residential, commercial, institutional, or mixed-use development.Positioned in a thriving growth corridor, surrounded by established and emerging communities, this site is ideal for developers, investors, or institutions looking to make a strategic acquisition in one of Richmond Hills most dynamic and fast-growing areas.Whether you're envisioning a large-scale residential project, a private school campus, or a landmark commercial build, the flexibility and location of this parcel make it an unparalleled investment.Extras:Legal Description: PT LT 18 PL 3806 MARKHAM AS IN MA51386 ; RICHMOND HILL

Key Info

  • 2-Storey Detached
  • 4-Car Driveway
  • 2-Car Attached Garage
  • Yonge & 16th
  • Less than 700 Square Feet
  • 51-99 Years Approximate Age
  • Finished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 82.6 x 315.25 Feet
  • .50-1.99 Acreage
  • Brick Exterior
  • Taxes were $10,171 in 2024
  • Possession: TDB

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12257005
  • RE/MAX HALLMARK REALTY LTD.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom

Who lives here?

Langstaff, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, university grads and business, science and education, law & public sector professionals. It has a higher than average population of immigrants, particularly those recently arrived from Iran and those from Iran, China and Hong Kong, and Cantonese, Mandarin and Persian speakers. Residents tend to be younger with a significant number of adults aged 25 to 49.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

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

Singles

43% of residents are
single and loving it.

43% singles

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

Renters

23% of residents
are renters.

23% renters

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

Education

59% of residents are
university grads.

59% university grads

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

Income

Average Household Income

$109K

is the average household
income in the neighbourhood.

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

Professions

Professions

Business 13%
Sales 12%
Sciences 11%
Management 8%
Government 8%

Immigrants

68% of residents were
born outside of Canada.

68% immigrants

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

Birthplace - All

China was once home to 14.1% of immigrants.
Iran 13.4%
Hong Kong 8.5%
South Korea 3.8%
India 2.8%

14.1% from China
All-time

Birthplace - Recent

China was once home to 6.0% of immigrants.
Iran 5.9%
South Korea 0.6%
Hong Kong 0.6%
Ukraine 0.4%

6.0% from China
Recent

Foreign Languages

Foreign Languages

Cantonese 16%
Mandarin 15%
Persian 14%
Korean 5%
Russian 4%

Religions

Religions

Christian 41%
Muslim 13%
Buddhist 5%
Jewish 3%
Hindu 2%