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$2,980,000
Richmond Hill
7 Birch Avenue West, Richmond Hill (South Richvale), Ontario, L4C6C4
This home in Richmond Hill is for sale. Its $2,980,000 asking price sits right in line with the $2,980,000 median in Richmond Hill.
Approx 1 Acre!!! An extraordinary opportunity in prestigious South Richvale. Set on one of the area's widest ravine lots, 7 Birch Ave offers a rare chance to build an architectural masterpiece with all permits, approvals, and TRCA clearances fully completed after 4.5 years of planning. Build your dream estate today, or explore the property's exceptional future redevelopment potential, including the possibility of severance or multiple lots, subject to municipal approvals. Whether you're an end user, builder, or investor, this is a rare opportunity to create lasting value in one of Richmond Hill's most sought-after communities. The approved residence offers over 8,500 sq. ft. of luxurious living space, thoughtfully designed to blend contemporary architecture with a spectacular ravine setting. Highlights include four south-facing bedrooms with tranquil ravine views, a resort-inspired lower level with a sauna and guest suite, and a breathtaking rooftop terrace featuring a built-in pool. A truly one-of-a-kind offering where luxury, privacy, nature, and exceptional future potential come together in one of South Richvale's most coveted locations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 127 days on market, against an average age of 64 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 (South Richvale) 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 $2,980,000, about 34.7× the local median household income of $86,000.
Carrying it typically needs a household income of about $582,098 (20% down, 25-yr amortization, stress-tested) — roughly 577% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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