$1,499,900

For saleJust listed

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174 Weldrick Road West, Richmond Hill (North Richvale) - Single Family for Sale

174 Weldrick Road West, Richmond Hill (North Richvale), Ontario, L4C3V1

176 Weldrick Road West, Richmond Hill (North Richvale), Ontario, L4C3V1

3 bd3 ba2 pk2,750 ft²Lot size 75 × 323 ft (24,203 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

180 Weldrick Road West, Richmond Hill (North Richvale), Ontario, L4C3V1

For saleJust listed

Today

$1.90M

180 Weldrick Road West, Richmond Hill (North Richvale), Ontario, L4C3V1

3 bd1 ba11 pk900 ft²Lot size 135 × 323 ft (1.00 acres)

Listed by REMAX YOUR COMMUNITY REALTY

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For saleJust listed

Yesterday

$2.90M

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5 bd5 ba6 pk4,250 ft²Lot size 50 × 120 ft (6,017 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

87 Avenue Road, Richmond Hill (North Richvale), Ontario, L4C9N6

For saleJust listed

2 days ago

$880K

87 Avenue Road, Richmond Hill (North Richvale), Ontario, L4C9N6

4 bd3 ba3 pk1,750 ft²Lot size 20 × 100 ft (2,000 sq ft)

Listed by CENTURY 21 ATRIA REALTY INC.

Investment analysis

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$1,499,900

Richmond Hill

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3 beds2 baths12 parking1,300 ft²45 × 323 ft (14,591 sq ft) lot sizeListed Today

Overview

This 3-bedroom, 2-bathroom home in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Its $1,499,900 asking price sits right in line with the $1,499,900 median in Richmond Hill. It has been on the market 0 days, fresher than the Richmond Hill average of 62 days.

Houses for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Attention Investors, Builders & Developers! Welcome to 174 Weldrick Road West, Richmond Hill-an exceptional opportunity to acquire a property with potential for land assembly with neighbouring parcels to the west. Explore opportunities for a custom home, rental investment or larger residential redevelopment, subject to municipal approvals.The proposed assembly includes 174, 176 and 180 Weldrick Road West, following completion of approvals. A rezoning application has been submitted proposing either 12 detached building lots or 12 triplex buildings. Supporting studies and reports have been completed, offering a foundation for the next stage of development.Ideally situated near Bathurst Street, schools, community centres, shopping and public transit. A rare opportunity to explore redevelopment potential in a sought-after Richmond Hill neighbourhood. Assembly availability, application status and development permissions to be verified by the buyer. (id:66096)

Property Details

MLS®: N14145932
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 12
Interior Size: 1,300 ft²
Lot Size: 45 × 323 ft (14,591 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $13,093.21/yr
Listed: Today

Features

Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$1,154

List price

$1.50M

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 3-bed single family in Richmond Hill (North Richvale) has been listed for 0 days, which is 62 days fresher than the city average of 62. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · EUGENIO STURINO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,499,900, about 17.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $292,983 (20% down, 25-yr amortization, stress-tested) — roughly 241% 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)

$1,499,900· $1,154/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,990.00

Min 8.33%50%

Mortgage payment$7,623/mo

↳ CMHC premium ($54,996 capitalized)

Property tax (est.)$1,091/mo

Total monthly$8,714

Cash Needed to Close

Down payment (8.33%)$124,990

Land transfer tax$26,473

Est. closing costs$7,000

Total cash needed$158,463

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice