3 Beds 3 Bath

75 Spruce Avenue, Richmond Hill, ON L4C 6V9

Richmond Hill L4C 6V9 Ontario

MLS: N13042658

$1,848,000

Added 1 hour ago | For Sale

Listed by: RE/MAX HALLMARK YORK GROUP REALTY LTD.

About Property

Opportunity knocks in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2years as the market evolves for secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, location, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity.

Features

  • House Style:Detached
  • Bathrooms:3
  • Land Size: 45.02 X 241.94
  • Water:Municipal
  • Garage Spaces: /Built-In
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Carrville & Avenue Rd
  • Basement:Partially Finished , Partially Finished
  • Possession Date:Immediate/TBA
  • Annual Property taxes: $10289
  • Bedrooms:3 +1
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:N13042658

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