$2,780,000Asking Price
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
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
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 3-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom |
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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.
Kids Per Family
1.1
kids per family
in the neighbourhood.
43%
of residents are
single and loving it.
43% singles
Richmond Hill (39%)
23%
of residents
are renters.
23% renters
Richmond Hill (19%)
59%
of residents are
university grads.
59% university grads
Richmond Hill (54%)Average Household Income
$109K
is the average household
income in the neighbourhood.
Professions
Business | 13% |
Sales | 12% |
Sciences | 11% |
Management | 8% |
Government | 8% |
68%
of residents were
born outside of Canada.
68% immigrants
Richmond Hill (59%)14.1% from China
All-time
6.0% from China
Recent
Foreign Languages
Cantonese | 16% |
Mandarin | 15% |
Persian | 14% |
Korean | 5% |
Russian | 4% |
Religions
Christian | 41% |
Muslim | 13% |
Buddhist | 5% |
Jewish | 3% |
Hindu | 2% |