Listed 19% below the South Richvale benchmark for 2-storey detached homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
EXCEPTIONAL VALUE, in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2 years as the market evolves or secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, locating, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity.
Property details
Listed on
June 22, 2026
Days on market
32 days
Property tax
$10,289 (2025)
Lot
45.02 × 241.94 Feet
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
N13475518
Full details
Parking
GarageBuilt-In
Total parking6
Parking featuresPrivate
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$30,435
Legal · title · inspection$2,800
Closing costs$33,235
Down payment$339,600
Total cash to close$372,835
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
+ 17 photos
