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$2,050,000Asking Price

71 Spruce Avenue, Richmond Hill, ON L4C 6V9

South Richvale, Richmond Hill

Detached
4 + 4
Bedrooms
6
Baths
8
Parking
Days on Market

Rare investment opportunity in South Richvale Richmond Hill, This spacious detached backsplit 5 bungalow offers 3 self-contained units, each with its own private entrance, kitchen, and laundry. Perfect for investors, multi-generational families, or developers. Property Features: Unit 1 (Upper Floor):4 bedrooms, family room, and living room bright and spacious. Unit 2 (Middle Floor): 2-bedroom unit with finished walk-out to the backyard. Unit 3 (Lower Floor): 2-bedroom unit with full kitchen and laundry. Lot Size: 55 ft x 241 ft huge lot with endless possibilities. Great for investors looking for strong rental income, developers seeking a premium lot , or end users wanting space and flexibility . Steps to Yonge Street, Hillcrest Mall, top shopping centers, and high-ranking schools. Close to transit, parks, and all amenities. Don't miss this incredible opportunity.

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Tour this home:

Rare investment opportunity in South Richvale Richmond Hill, This spacious detached backsplit 5 bungalow offers 3 self-contained units, each with its own private entrance, kitchen, and laundry. Perfect for investors, multi-generational families, or developers. Property Features: Unit 1 (Upper Floor):4 bedrooms, family room, and living room bright and spacious. Unit 2 (Middle Floor): 2-bedroom unit with finished walk-out to the backyard. Unit 3 (Lower Floor): 2-bedroom unit with full kitchen and laundry. Lot Size: 55 ft x 241 ft huge lot with endless possibilities. Great for investors looking for strong rental income, developers seeking a premium lot , or end users wanting space and flexibility . Steps to Yonge Street, Hillcrest Mall, top shopping centers, and high-ranking schools. Close to transit, parks, and all amenities. Don't miss this incredible opportunity.

Key Info

  • Backsplit Detached
  • 6-Car Driveway
  • 2-Car Attached Garage
  • Yonge Street & 16th Avenue
  • 2000-2500 Approximate Sq Feet
  • Basement Apartment
  • 3 + 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 55 x 241.5 Feet
  • < .50 Acreage
  • Brick/Stone Exterior
  • No Waterfront Access
  • Taxes were $6,571 in 2025
  • Possession: 60-90 Days

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12363275
  • SUTTON GROUP-ADMIRAL REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.72' x 10.66'
2 Foyer Main 30.45' x 14.11'
Washroom2 4-Piece Bathrooms
Washroom1 2-Piece Bathroom on Main Floor
Washroom2 4-Piece Bathrooms on Lower
Washroom1 3-Piece Bathroom

Who lives here?

South Richvale, Richmond Hill is a north GTA neighbourhood notable for its university grads and executives. It has a higher than average population of recent immigrants from Iran and those from Italy and Iran, and Italian, Persian 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.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

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

Singles

38% of residents are
single and loving it.

38% singles

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

Renters

14% of residents
are renters.

14% renters

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

Education

56% of residents are
university grads.

56% university grads

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

Income

Average Household Income

$189K

is the average household
income in the neighbourhood.

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

Professions

Professions

Management 12%
Sales 11%
Business 11%
Government 7%
Sciences 7%

Immigrants

57% of residents were
born outside of Canada.

57% immigrants

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

Birthplace - All

Iran was once home to 14.9% of immigrants.
China 9.4%
Italy 5.7%
Hong Kong 2.5%
India 1.9%

14.9% from Iran
All-time

Birthplace - Recent

Iran was once home to 9.9% of immigrants.
China 7.0%
Israel 0.6%
India 0.4%
Hong Kong 0.2%

9.9% from Iran
Recent

Foreign Languages

Foreign Languages

Persian 16%
Mandarin 10%
Italian 9%
Russian 6%
Cantonese 5%

Religions

Religions

Christian 51%
Muslim 15%
Jewish 9%
Hindu 1%
Buddhist 1%