75 Spruce Avenue, Richmond Hill, ON L4C 6V9

$1,698,000
4
BD
3
BA
2,000
SqFt

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List Price
$1,698,000
MLS#
N13475518
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
4
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Richmond Hill
Area
York
Neighborhood
South Richvale
Subdivision
Carrville & Avenue Rd

Property 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.

Additional Information

Taxes
$10,289
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Exterior
Brick
Garage Spaces
2
Garage Type
Built-In
Pool
None
Parking Spaces
6
Parking Type
Private

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD..