$2,888,800
Richmond Hill
10 Country Court, Richmond Hill (Oak Ridges), Ontario, L4E2N7
This home in Richmond Hill is for sale offering roughly 350 sq ft of space.
ATTENTION DEVELOPERS, BUILDERS & INVESTORS! An exceptional opportunity to acquire a prime 2-acre redevelopment site in the heart of Oak Ridges, one of Richmond Hill's most desirable and established communities. Located on a quiet court within the prestigious Beaufort Hills subdivision, this unique offering consists of two existing serviced 1-acre estate lots known municipally as 9 Country Court and 10 Country Court. Each property contains an existing approximately 3,000 sq. ft. detached residence. A conceptual development plan up to 9 residential building lots through the extension of the existing road allowance, which currently terminates at the subject properties. The Sellers are selling the properties on an "as-is, where-is" basis with respect to development potential. The concept plans are for illustrative purposes only and have not received municipal approval. Purchasers must conduct their own independent due diligence and obtain all necessary approvals, permits, studies, servicing allocations, and development permissions at their sole cost and expense. As an added benefit, the Sellers are willing to lease back the existing homes and also will take back a vender talke back (VTB) while the Purchaser pursues the approval process. This is a rare opportunity to control a significant land assembly in an outstanding location backing onto town parkland, walking trails, and mature residential neighbourhoods, with convenient access to top-rated schools, transit, shopping, recreational facilities, and major transportation routes. NOTE: DO NOT WALK THE PROPERTY OR DISTURB THE HOMEOWNERS. ALL APPOINTMENTS MUST BE ARRANGED THROUGH THE LISTING BROKER.A truly exceptional redevelopment opportunity in one of the best locations Richmond Hill has to offer. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 147 days on market, against an average age of 58 days across the listings currently for sale in this city
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.
This single family in Richmond Hill (Oak Ridges) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,888,800, about 22.7× the local median household income of $127,000.
Carrying it typically needs a household income of about $564,284 (20% down, 25-yr amortization, stress-tested) — roughly 344% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4E)
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Loading rates, 30-yr amortization
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