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    For Sale - 75 Spruce Avenue, Richmond Hill, Ontario

    Est payment $8,154/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Located in the desirable South Richvale neighborhood with great market potential.
    • Spacious 10,882 sq. ft. lot offers room for future development or custom builds.
    • Existing home can generate rental income while planning upgrades.
    • Surrounded by luxury homes and ongoing redevelopment projects.
    • Strategic investment opportunity with promising growth in the area.




    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.
    Listing IDN13475518
    Address75 Spruce Avenue
    CityRichmond Hill, Ontario
    Price$1,698,000
    Bed / Bath4 / 3 Full
    Style2-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features In-Law CapabilityAmenities Greenbelt/ConservationOwnership FreeholdBasement Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  RE/MAX HALLMARK YORK GROUP REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    75 Spruce Avenue
    Richmond Hill , Ontario
    4 3 $1,698,000
    Get more info