99 Spruce Avenue, Richmond Hill, ON L4C 6V9

$1,700,000
3
BD
1
BA
700
SqFt

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List Price
$1,700,000
MLS#
N13462470
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
3
Bathrooms
1
Living Area
700-1100
Province
ON
Municipality
Richmond Hill
Area
York
Neighborhood
South Richvale
Subdivision
Yonge St/ Spruce Ave /16th Ave

Property Description

Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!

Additional Information

Taxes
$8,444
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit(s)
Kitchens
1
Exterior
Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
5

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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE.