Comparable sales vary too widely to call a direction
Asking $8,800,000 · recent comparable sales here vary too widely to quote a range · homes here sell at about 95% of ask (15 recent sales). Our estimate weighs both.
Benchmark $1,569,000
Typical low · $1,491,000Typical high · $1,648,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for 1-storey detached homes in South Richvale (TRREB HPI, August 2026), a market reference — not this home's exact value.
About this home
Rare development opportunity in the heart of Richmond Hill. 225 Carrville Road boastsapproximately 90 feet of frontage on Carrville Road and is subject to an advanced developmentapplication. Extensive planning, traffic, engineering and supporting technical work has alreadybeen completed in connection with the approval process. The sale will be conditional upon theSeller obtaining site plan approval. The existing detached dwelling provides valuable underlyingasset and holding value while approvals are finalized. An exceptional opportunity fordevelopers, builders and investors in one of Richmond Hill's most active redevelopment corridors.
Property details
Listed on
August 7, 2026
Days on market
38 days
Property tax
$12,678.53 (2026)
Lot
90 × 241.5 Feet
Style
Bungalow
Heating
Forced Air
Cooling
Central Air
MLS®
N13652628
Full details
Parking
GarageNone
Driveway12
Total parking12
Room dimensions
Room
Level
Dimensions
Features
Family Room
Main
3.67 × 5.36 Meters
—
Kitchen
Main
3.26 × 5 Meters
—
Dining Room
Main
2.4 × 4.6 Meters
—
Primary Bedroom
Main
4.1 × 3.5 Meters
—
Bedroom 2
Main
3.6 × 3.35 Meters
—
Bedroom 3
Main
4.08 × 2.25 Meters
—
Primary Bedroom
Main
5.25 × 3.6 Meters
—
Bedroom 4
Main
3.55 × 3.25 Meters
—
Bedroom 5
Main
2.85 × 2.65 Meters
—
Bedroom
Main
3 × 2.84 Meters
—
Family Room
Basement
6.4 × 4.85 Meters
—
Kitchen
Basement
5.7 × 5 Meters
—
Property & sold history
Listing history
Date Start
Date End
Price
Status
Listing ID
August 7, 2026
—
$8,800,000
For Sale
N13652628
🔒
Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.
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$206,475
Legal · title · inspection$2,800
Closing costs$209,275
Down payment$1,760,000
Total cash to close$1,969,275
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.
$8,800,000
Neighbourhood market
The South Richvale market
How homes are selling here right now — sold data for July 2026.
Buyer's marketAll home types in South Richvale · 30 sales over 3 months
Buyer'sBalancedSeller's
Homes in South Richvale are taking around 44 days to sell, and going for about 97.1% of asking. There is usually room to negotiate.
You're looking at real recent sales near here. Sign in free to reveal the sold prices, addresses and photos — sold data is protected under TRREB rules.
+ 24 photos
