75 Spruce Avenue, Richmond Hill, ON L4C 6V9 (Carrville & Avenue Rd)

Price : $1,698,000.00 , MLS®# : N13475518

Description

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.

Location Description

Carrville & Avenue Rd

Property Details
  • Community: South Richvale
  • Property Type: Vacant/Residential Freehold
  • Bedrooms: 4
  • Bath: 3
  • Garages: Built-In
  • Annual Property Taxes : $ 10289
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Brick
  • Total Parking Space : 6
  • Parking Type : Built-In
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 45.02 sq.ft
  • Land Depth: 241.94sq.ft

Listing Contracted With: RE/MAX HALLMARK YORK GROUP REALTY LTD.