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$1,700,000Asking Price

99 Spruce Avenue, Richmond Hill, ON L4C 6V9

South Richvale, Richmond Hill

Detached
3
Bedrooms
1
Bath
5
Parking
Days on Market

Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!

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Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!

Key Info

  • Bungalow Detached
  • 5-Car Driveway
  • No Garage
  • Yonge St/ Spruce Ave /16th Ave
  • 700-1100 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • Crawl Space Basement
  • 1 Kitchen
  • Forced Air Gas Heating

Property

  • Lot Size 45.04 x 241.53 Feet
  • < .50 Acreage
  • Aluminum Siding Exterior
  • Taxes were $8,444 in 2026
  • Possession: TBD

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N13462470
  • COLDWELL BANKER THE REAL ESTATE CENTRE

Extras

Room Floor Dimensions Details
1 Kitchen Main 12.80' x 9.97' Laminate, Walk Through, Window
Washroom1 4-Piece Bathroom on Main Floor

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%