North Richvale · L4C 3V1
$2,499,000
$2,272 / sq ft1 months on market
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$2,499,000
North Richvale
Buy this land together with next door 162 Weldrick Ave (or purchase separately) and secure an impressive combined frontage of over 200 ft x 323.6 ft-ideal for severing into 5-6 lots, selling individually, building luxury custom homes, or exploring a townhome development. rare assemblage creates an exceptional opportunity in a prime Richmond Hill pocket, only two minutes from Yonge Street. The existing beautifully renovated back-split offers strong immediate income while planning future redevelopment. Featuring an outdoor swimming pool and multiple self-contained units with private entrances, this property is perfectly designed for high rental returns. The main level includes 2 bedrooms, 1 bathroom, and an open-concept kitchen. The lower level offers a spacious 2-bedroom suite with walk-out to a private yard and pool, full kitchen, laundry, 3-piece bath, and a cozy fireplace-ideal for extended family or rental income. Exceptional Development, Investment & End-User Opportunity-perfect for builders seeking scale, investors planning redevelopment, or families wanting to live now and build their dream home later. Surrounded by top-ranked schools, parks, shopping, restaurants, G0 Transit, and major highways, this location offers unmatched convenience and long-term value. A truly unique chance to secure high-potential land in one of Richmond Hill's most desirable neighbourhoods.
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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 in line with comparable listings — about 67% of comparable detached listings in North Richvale are asking less.
Based on 39 comparable active detached listings in North Richvale. 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 $2,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY 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.
Listing courtesy of RE/MAX PREMIER INC.
$2,599,000
North Richvale
Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.
$2,599,000
North Richvale
Listing courtesy of REMAX YOUR COMMUNITY REALTY
$2,899,000
North Richvale
Listing courtesy of REALTY EXECUTIVES PRIORITY ONE LIMITED
$2,398,000
North Richvale
Listing courtesy of NAVE REAL ESTATE, BROKERAGE INC.
$2,199,000
North Richvale
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
