$2,399,000Asking Price
An ultra-rare opportunity to acquire two side-by-side properties in the heart of Richmond Hills coveted Mill Pond community. Together, side by side properties offer a combined lot with 1.4 acres of land, backing onto ravine lands presenting a truly one-of-a-kind development canvas. Endless Possibilities Await: Build 3 custom estate homes across the frontage, Or 5-7 custom homes by maximizing the depth of the lot, Or pursue a high-density residential project with the potential to develop up to 40 luxury townhomes. Property Features: Combined Lot Size: 1.4 acres Zoning: Residential - Ideal for custom builds or redevelopment. Topography: Ravine lot with west-facing views backing. Existing Homes: Two detached 2-storey houses with existing rental/income potential. Location Highlights: Surrounded by multi-million-dollar custom homes, Steps to Mill Pond Park, top-ranked schools, Richmond Hill GO, hospital, library, and Yonge Street amenities, Quiet, tree-lined street in one of the most sought-after neighbourhoods in Richmond Hill. This is a rare infill opportunity with flexible exit strategies perfect for luxury builders, boutique developers, or investors with vision. Sold together or separately!
An ultra-rare opportunity to acquire two side-by-side properties in the heart of Richmond Hills coveted Mill Pond community. Together, side by side properties offer a combined lot with 1.4 acres of land, backing onto ravine lands presenting a truly one-of-a-kind development canvas. Endless Possibilities Await: Build 3 custom estate homes across the frontage, Or 5-7 custom homes by maximizing the depth of the lot, Or pursue a high-density residential project with the potential to develop up to 40 luxury townhomes. Property Features: Combined Lot Size: 1.4 acres Zoning: Residential - Ideal for custom builds or redevelopment. Topography: Ravine lot with west-facing views backing. Existing Homes: Two detached 2-storey houses with existing rental/income potential. Location Highlights: Surrounded by multi-million-dollar custom homes, Steps to Mill Pond Park, top-ranked schools, Richmond Hill GO, hospital, library, and Yonge Street amenities, Quiet, tree-lined street in one of the most sought-after neighbourhoods in Richmond Hill. This is a rare infill opportunity with flexible exit strategies perfect for luxury builders, boutique developers, or investors with vision. Sold together or separately!
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 13.58' x 10.99' | |
1 3-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom |
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Mill Pond, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, executives and business and education, law & public sector professionals. It has a higher than average population of Italian and Russian speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Kids Per Family
1.3
kids per family
in the neighbourhood.
42%
of residents are
single and loving it.
42% singles
Richmond Hill (39%)
21%
of residents
are renters.
21% renters
Richmond Hill (19%)
54%
of residents are
university grads.
54% university grads
Richmond Hill (54%)Average Household Income
$169K
is the average household
income in the neighbourhood.
Professions
Business | 12% |
Sales | 12% |
Management | 11% |
Government | 9% |
Sciences | 7% |
45%
of residents were
born outside of Canada.
45% immigrants
Richmond Hill (59%)9.4% from Iran
All-time
3.6% from Iran
Recent
Foreign Languages
Persian | 10% |
Russian | 6% |
Mandarin | 5% |
Italian | 5% |
Cantonese | 2% |
Religions
Christian | 57% |
Jewish | 12% |
Muslim | 9% |
Hindu | 2% |
Buddhist | 1% |