Description

Draft Plan Approved For 10 Residential Lots At Bayview & 16th. 41' Lots With New Road To Be Created Off Fern Ave. Rare Opportunity To Buy A Site Within This Prestigious Area. Public Road, No POTL Fees. Set In Amongst One Of Richmond Hill's Finest Neighbourhoods. Marketing Package Available. With Budget Estimates On Finishing The Project. (id:66096)

Market Timing

Days on market

26d

Richmond Hill (Langstaff) listings, avg age

51d

List price

$8M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in Richmond Hill (Langstaff) has been listed for 26 days, which is 25 days fresher than the city average of 51. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (L4C)

This home lists at $8,000,000, about 93.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $1,562,680 (20% down, 25-yr amortization, stress-tested) — roughly 1717% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$8,000,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

0 Fern Avenue, Richmond Hill (Langstaff) - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L4C)

Book a showing

Need a commercial mortgage?