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$2,250,000Asking Price

8 Kersey Crescent, Richmond Hill, ON L4C 3W3

North Richvale, Richmond Hill

Detached
4 + 2
Bedrooms
3
Baths
6
Parking
Days on Market

Attention Developers, Builders & Investors: Amazing Opportunity To Acquire A Prime Redevelopment Site Located In Richmond Hill. Currently has $9k/mth Rental Income. Over 1 Acre Development Site. Could Be Purchased Along With10 Kersey Cres., 116 & 114 Weldrick Ave. A Developers Dream, Located Within 2 Minutes to Yonge St, Public Transportation & All Amenities and Highways. A Golden Opportunity To Build Townhomes. Currently has $9k/mth Income $$$Positive Cash Flow$$$

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Tour this home:

Attention Developers, Builders & Investors: Amazing Opportunity To Acquire A Prime Redevelopment Site Located In Richmond Hill. Currently has $9k/mth Rental Income. Over 1 Acre Development Site. Could Be Purchased Along With10 Kersey Cres., 116 & 114 Weldrick Ave. A Developers Dream, Located Within 2 Minutes to Yonge St, Public Transportation & All Amenities and Highways. A Golden Opportunity To Build Townhomes. Currently has $9k/mth Income $$$Positive Cash Flow$$$

Key Info

  • Backsplit Detached
  • 4-Car Driveway
  • 2-Car Attached Garage
  • Weldrick & Bathurst
  • 3000-3500 Approximate Sq Feet
  • Finished Basement
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 65 x 251 Feet
  • Brick Exterior
  • Taxes were $9,881 in 2024
  • Possession: TBA

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12298669
  • BAY STREET GROUP TPRT

Extras

Room Floor Dimensions Details
1 Kitchen Main 19.69' x 9.84' Ceramic Floor, Modern Kitchen, Family Size Kitchen
Washroom1 5-Piece Bathroom
Washroom1 2-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

North Richvale, Richmond Hill is a north GTA neighbourhood notable for its singles, salespeople and tradespeople. It has a higher than average population of recent immigrants from Iran and those from Iran, and Italian, Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 74.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

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

Singles

41% of residents are
single and loving it.

41% singles

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

Renters

15% of residents
are renters.

15% renters

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

Education

49% of residents are
university grads.

49% university grads

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

Income

Average Household Income

$128K

is the average household
income in the neighbourhood.

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

Professions

Professions

Sales 13%
Business 11%
Sciences 8%
Management 8%
Trades 7%

Immigrants

58% of residents were
born outside of Canada.

58% immigrants

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

Birthplace - All

Iran was once home to 15.0% of immigrants.
China 4.9%
Russia 3.3%
Italy 3.3%
Ukraine 2.6%

15.0% from Iran
All-time

Birthplace - Recent

Iran was once home to 6.4% of immigrants.
China 2.5%
South Korea 0.8%
Philippines 0.6%
India 0.5%

6.4% from Iran
Recent

Foreign Languages

Foreign Languages

Persian 15%
Russian 9%
Italian 5%
Mandarin 4%
Cantonese 4%

Religions

Religions

Christian 59%
Muslim 9%
Jewish 9%
Buddhist 2%
Hindu 1%