$3,349,900Asking Price
New Opportunity -- Two Parcels, One Rare Offering in Prime Richmond Hill! Now available as a complete package, this is a rare chance to own two adjoining parcels in the highly sought-after North Richvale neighborhood. Perfectly positioned between Bathurst and Yonge, this property offers endless potential for builders, investors, or end-users. The existing bungalow features 3 bedrooms, 3 bathrooms (including a primary ensuite), and bright, functional living spaces. A spacious eat-in kitchen overlooks a private, tree-lined backyard--ideal for enjoying peaceful suburban living. Set on a large, combined lot under R2 zoning, this property offers the potential to build two custom homes, renovate the current residence, or create one luxury estate. With new custom builds in the area regularly selling for multi-million dollar prices, the value here is undeniable. Zoning permits generous lot coverage, offering design flexibility--subject to City of Richmond Hill approvals. The property is steps from top-rated schools, parks, shopping, restaurants, and major transit routes, blending family-friendly charm with urban convenience. Whether you're looking to develop, invest, or create your dream home--this is a rare opportunity you wont want to miss. All subdivision and redevelopment potential subject to municipal approvals. Buyers must conduct their own due diligence and submit applications as needed.
New Opportunity -- Two Parcels, One Rare Offering in Prime Richmond Hill! Now available as a complete package, this is a rare chance to own two adjoining parcels in the highly sought-after North Richvale neighborhood. Perfectly positioned between Bathurst and Yonge, this property offers endless potential for builders, investors, or end-users. The existing bungalow features 3 bedrooms, 3 bathrooms (including a primary ensuite), and bright, functional living spaces. A spacious eat-in kitchen overlooks a private, tree-lined backyard--ideal for enjoying peaceful suburban living. Set on a large, combined lot under R2 zoning, this property offers the potential to build two custom homes, renovate the current residence, or create one luxury estate. With new custom builds in the area regularly selling for multi-million dollar prices, the value here is undeniable. Zoning permits generous lot coverage, offering design flexibility--subject to City of Richmond Hill approvals. The property is steps from top-rated schools, parks, shopping, restaurants, and major transit routes, blending family-friendly charm with urban convenience. Whether you're looking to develop, invest, or create your dream home--this is a rare opportunity you wont want to miss. All subdivision and redevelopment potential subject to municipal approvals. Buyers must conduct their own due diligence and submit applications as needed.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 12.99' x 16.70' | Eat-in Kitchen, Tile Floor, Walkout To Yard |
2 | Breakfast | Main | 11.68' x 10.50' | Combined with Kitchen, Tile Floor, Window |
2 4-Piece Bathrooms on Main Floor | ||||
1 2-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom on Main Floor |
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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.
Kids Per Family
1.1
kids per family
in the neighbourhood.
41%
of residents are
single and loving it.
41% singles
Richmond Hill (39%)
15%
of residents
are renters.
15% renters
Richmond Hill (19%)
49%
of residents are
university grads.
49% university grads
Richmond Hill (54%)Average Household Income
$128K
is the average household
income in the neighbourhood.
Professions
Sales | 13% |
Business | 11% |
Sciences | 8% |
Management | 8% |
Trades | 7% |
58%
of residents were
born outside of Canada.
58% immigrants
Richmond Hill (59%)15.0% from Iran
All-time
6.4% from Iran
Recent
Foreign Languages
Persian | 15% |
Russian | 9% |
Italian | 5% |
Mandarin | 4% |
Cantonese | 4% |
Religions
Christian | 59% |
Muslim | 9% |
Jewish | 9% |
Buddhist | 2% |
Hindu | 1% |