Richmond Hill, South Richvale, L4C 6V4
$4,988,000
Listed by RIGHT AT HOME REALTY.
Location, Location, Location! Large parcel of land, 1/2 acre lot available, in the exclusive community of South Richvale; located right off Yonge Street with quick access-routes to downtown Toronto and within minutes of the Shuttle to Pearson Airport, the 407, 404, hwy 7, Go transit, & Viva Transit. This old established neighbourhood is undergoing rapid change with the older homes being bought up and replaced with custom-built multi-million-dollar mansions. This is your chance to design the home of your dreams, inside and out and have a huge backyard-oasis for privacy, seclusion, and pleasure. The property is one of the few remaining large 1/2 acre lots available for sale in this prestigious South Richvale community, boasting 100 feet width x 232.8 feet depth; this lot could accommodate a magnificent stately Mansion on a 1/2 acre of prime real estate in South Richvale or the lot could be subdivided into two separate-1/4 acre estate lots. The area has the finest schools, - from all levels - the low & middle high schools are within walking distance, quick access to U of T and York Univ, OCAD Univ, etc), There are several libraries, parks, restaurants of all flavours, 2 golf courses within a 10 minute drive, places of worship and multiple diversity and conveniences to shopping areas. The Subway is coming in 2030.
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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.