Richmond Hill, Mill Pond, L4C 4L5
$2,979,000
Listed by ROYAL LEPAGE SIGNATURE REALTY.
***Attention Builders, Investors And End Users*** Seize this rare opportunity to purchase a double lot with existing house on one lot and the opportunity to build a breathtaking custom home on a massive severed double lot (103 x 226 ft), surrounded by luxury multimillion-dollar estates in the heart of the highly sought-after Mill Pond neighbourhood in Richmond Hill. This prime property is fully serviced with architectural drawings ready to build (on Part 1) a stunning 2 storey custom home featuring 5+1 Bedrooms, 6 Bathrooms, Integral 2 car garage, movie theatre, home gym and more. With full flexibility, you can choose to enjoy or rent the current charming 2-story home (on Part 2) while building your dream home or while planning for future construction. The existing 5-bedroom home (on Part 2) is in excellent condition, offering immediate occupancy or rental income potential. The main house boasts an open-concept floor plan, 4 spacious bedrooms, and 2 bathrooms, plus a large, self-contained 1-bedroom apartment above the garage, perfect for additional rental income or multigenerational living. Enjoy the perfect blend of tranquility and accessibility, with everything you need just moments away. Take a short walk or drive to Yonge Street, where you'll find a wealth of amenities including public transit, shopping, banks, and a variety of restaurants. Top-rated private and public schools are nearby, making this an ideal location for families. Explore the outdoors with Mill Pond, playgrounds, and scenic trails right at your doorstep. Whether you are looking for a family estate, investment potential, or future development, this property offers unmatched opportunity.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.