Description

A rare estate development opportunity in the prestigious Oak Ridges area of Richmond Hill. This offering consists of 12 lots totaling 5.39 acres. Seller advises that Regional levies have been paid, and each lot is fully serviced with water, hydro, sewer, telephone/cable, and street lighting available. Purchasers shall be responsible for applicable municipal levies, building permit fees, and all costs associated with obtaining permits and constructing a residence. The lots range in size, with one exceeding a full acre and two exceeding half an acre, nestled among luxury estate homes in one of the area's most established and sought-after neighbourhoods. An excellent opportunity for developers and custom home builders looking to build in a premium, high-demand location. Conveniently located near Yonge Street and Bloomington Road, with easy access to Highways 404 and 400. Close to Cardinal Carter Catholic High School's IB Program, Lake Wilcox, Bond Lake, parks, trails, shopping, and major amenities. A rare opportunity to build in an established and highly sought-after neighbourhood. Lots are available individually or as a package. (id:66096)

Market Timing

Days on market

57d

Richmond Hill (Oak Ridges) listings, avg age

59d

List price

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 (Oak Ridges) has been listed for 57 days, which is 2 days fresher than the city average of 59. Act while there is still low competition.

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Area context

Neighbourhood profile (L4E)

Median household income: $127,000
Population: 54,606
Median age: 40.4
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4E)

For sale

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Financing

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0 Tower Court, Richmond Hill (Oak Ridges) - Vacant Land for Sale

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Market Timing

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Neighbourhood profile (L4E)

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