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For saleMLS® N13786258

230 Rumble Avenue, Richmond Hill, ON L4C 4G6

Mill Pond · L4C 4G6

$999,000

1 months on market

Lot
100.67 × 72.67 ft

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About this property

RARE MILL POND DEVELOPMENT OPPORTUNITY WITH OVER 100 FT OF FRONTAGE! DEMOLITION AND BUILDING PERMITS ARE READY - READY TO START BUILDING! A unique opportunity for builders, investors and end-users to acquire a ready-to-go custom home project in sought-after Mill Pond. Significant architectural, engineering and permit-related work has already been completed for a new 2-storey custom residence of approximately 3,000 sq. ft. above grade, plus a full basement. Extensive plans and supporting documentation are available for review. For buyers looking for an investment opportunity, this is an excellent corner lot for a potential four-unit residential development. The property is already zoned N2, allowing for up to four residential units, subject to applicable zoning and building requirements. This can significantly reduce the time, cost and uncertainty typically associated with pursuing a rezoning. City correspondence confirms the property is outside the TRCA-regulated area, is not subject to site plan approval, and a zoning-compliant proposal may proceed directly to building permit application. Existing dwelling has sustained fire damage, is uninhabitable, and no entry into the structure is permitted. Property is being sold AS-IS, WHERE-IS for its land and redevelopment value. Located in sought-after Mill Pond, close to parks, schools, Yonge Street, shopping, restaurants, transit and community amenities. A rare opportunity to capitalize on years of completed planning, permits and approvals - proceed with the permitted custom home or explore the property's multi-unit development potential.

Property details

Property

Property type
vacant land
Lot size
100.67 × 72.67 ft
Possession
Immediate

Interior

Exposure
West

Costs

List price
$999,000
Property taxes
$6,180 / year (2026)

Listing

MLS® number
N13786258
Status
For sale
Listed
September 15, 2026
Days on market
51
Last updated
September 24, 2026
Listing brokerage
KELLER WILLIAMS EMPOWERED REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 28% of comparable vacant land listings in Richmond Hill are asking less.

$1Median $1.32M$4.64M

Based on 40 comparable active vacant land listings in Richmond Hill. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.5% · minimum $74,900
$74,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,109.51
Property tax (est.)
$514.97
Estimated monthly
$5,624

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$16,455
Total due on closing
$16,455

An estimate on the asking price of $999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of KELLER WILLIAMS EMPOWERED REALTY. 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.

$999,000

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Comparable sales nearby

What similar homes in this area actually sold for.

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