Opportunity knocks 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 1-2years as the market evolves for 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, location, 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. (id:38551)
Features
- Conservation/green Belt
Location
Green Hedge Realty Inc., Brokerage
Green Hedge Realty Inc., Brokerage is a full-service real estate brokerage offering traditional MLS® REALTOR® representation services at reduced commission rates.
Buyers receive approximately 1.5% cash back after closing, depending on what REALTOR® cooperating commission is offered by the seller. Sellers pay 1% one percent plus the commission they choose to offer to the co-operating REALTOR® representing the buyer.
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