North Richvale · L4C 3X5
$2,398,000
$169 / sq ft5 months on market
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An exceptional investment opportunity in a prime Richmond Hill location, this solid brick home offers excellent rental income potential. It could also be developed into a commercial space-ranging from a daycare to a dental office or similar business-under potential MMS zoning (Main Street Mixed-Use). Situated on a large lot with a spacious backyard and ample driveway parking, the property is zoned residential with potential for future commercial use or redevelopment. Meticulously maintained and in excellent condition, this versatile property offers incredible long-term value.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 100% of comparable office listings in Richmond Hill are asking less.
Based on 11 comparable active office listings in Richmond Hill. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,398,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of NAVE REAL ESTATE, BROKERAGE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.