$8,800,000

For sale

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211 Carrville Road, Richmond Hill (South Richvale) - Single Family for Sale

211 Carrville Road, Richmond Hill (South Richvale), Ontario, L4C6E4

6 beds5 baths8 parking ft²

145 Old Surrey Lane, Richmond Hill (South Richvale), Ontario, L4C6R9

4 bd4 ba4 pk2,250 ft²Lot size 52 × 99 ft (5,167 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

18 Yongeview Avenue, Richmond Hill (South Richvale), Ontario, L4C7A4

For saleJust listed

4 days ago

$3.00M

18 Yongeview Avenue, Richmond Hill (South Richvale), Ontario, L4C7A4

7 bd7 ba13 pk4,250 ft²Lot size 85 × 255 ft (21,675 sq ft)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

126 Spruce Avenue, Richmond Hill (South Richvale), Ontario, L4C6W1

For saleJust listed

4 days ago

$1.89M

126 Spruce Avenue, Richmond Hill (South Richvale), Ontario, L4C6W1

4 bd3 ba8 pk1,300 ft²Lot size 50 × 242 ft (12,090 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

99 Birch Avenue, Richmond Hill (South Richvale), Ontario, L4C6C5

For saleJust listed

6 days ago

$2.50M

99 Birch Avenue, Richmond Hill (South Richvale), Ontario, L4C6C5

4 bd5 ba6 pk4,250 ft²Lot size 103 × 413 ft (42,539 sq ft)

Listed by EXP REALTY

Investment analysis

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$8,800,000

Richmond Hill

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65 × 242 ft (15,698 sq ft) lot size

Overview

This 6-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 2,750 sq ft of space.

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

Description

Exceptional development opportunity in Richmond Hill. 211 Carrville Road offers approximately 65feet of frontage on Carrville Road and is subject to an advanced development application.Significant planning, traffic, engineering and supporting technical work has already beencompleted in connection with the approval process. The sale will be conditional upon the Sellerobtaining site plan approval. The existing detached dwelling provides additional underlyingasset and holding value while approvals are finalized. An exceptional opportunity fordevelopers, builders and investors in one of Richmond Hill's active redevelopment corridors. (id:66096)

Property Details

MLS®: N13652404
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Parking: 8
Interior Size: 2,750 ft²
Lot Size: 65 × 242 ft (15,698 sq ft)
Frontage: 65 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $10,539/yr
Listed: 91 days ago

Rooms

Ground level

Living room: 9.3 x 3.44 meters
Dining room: 9.3 x 3.55 meters
Kitchen: 4.74 x 4.56 meters
Family room: 5.77 x 3.9 meters

Basement

Bedroom: 3.05 x 3.66 meters
Kitchen: 3.35 x 3.66 meters
Bedroom: 2.74 x 3.66 meters
Kitchen: 2.13 x 1.52 meters

Second level

Primary Bedroom: 7.43 x 4 meters
Bedroom 2: 3.61 x 3.57 meters
Bedroom 3: 3.91 x 3.61 meters
Bedroom 4: 3.69 x 3.33 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood, Laminate
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Richmond Hill (South Richvale) listings, avg age

64d

Price / ft²

$3,200

List price

$8.80M

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 6-bed single family in Richmond Hill (South Richvale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by FOREST HILL REAL ESTATE INC. · AFSHIN ABDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $8,800,000, about 102.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $1,718,948 (20% down, 25-yr amortization, stress-tested) — roughly 1899% 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)

$8,800,000· $3,200/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,760,000

Min 20%50%

Mortgage payment$37,530/mo

Property tax (est.)$878/mo

Total monthly$38,408

Cash Needed to Close

Down payment (20%)$1,760,000

Land transfer tax$206,475

Est. closing costs$28,900

Total cash needed$1,995,375

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