Description
A prime development and investment opportunity in the heart of Richmond Hill, just two minutes from Yonge Street. This high-potential redevelopment site must be purchased with 114 Weldrick Ave(there is option to be purchased separately as well), offering possibilities for town home development or severance into 3-4 lots. Great potential of generating rental income permonth.this property provides a strong turnkey investment while planning for future development.Fully renovated two-story back-split is thoughtfully designed with multiple units, each featuring modern finishes & private entrances. The main level offers three bedrooms and three bathrooms, including a primary suite with double walk-in closet and 3-piece ensuite. The updated kitchen boasts quartz countertops, stainless steel appliances, and an open-concep tlayout, seamlessly connecting to the bright living and dining areas, complete with pot lights throughout. The back-split unit features a walkout to a private backyard, a spacious living room with a fireplace, a full kitchen with laundry, and two bedrooms with a five-piece bathroom. The finished basement further enhances the property's value with three separate in-law suites, including one in lower level and two in the basement, each with its own private entrance to the outside. The first suite includes one bedroom, a three-piece bathroom, a wet bar, a full kitchen, and a living area with pot lights throughout. The second suite features two bedrooms, a three-piece bathroom, a full kitchen, and a spacious living area, providing ideal space for extended family or tenants. Situated in a high-demand neighborhood, just minutes from public transit, major highways, shopping, restaurants, and top-rated schools, thisproperty presents incredible potential for investors, builders, and developers.Whether you're looking to Live, Redevelop, Potential to Generate income, or hold for future appreciation, this is an unmatched opportunity in a rapidly growing community.
Features
- Facing: North
- Bedrooms: 5
- Bathrooms: 6
- Garages: 2
- Kitchens: 2
Details
- Lot size: 65.00 x 175.00 Feet
- Space: 2500-3000
- Tax: $ 8750.00
- N11980487
- Listing contracted with: RE/MAX REALTRON REALTY INC.
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 8.12x3.96 | Combined w/Dining, Large Window, Pot Lights |
|
| Dining Rm | 8.12x3.96 | Combined w/Living, Pot Lights, Window |
|
| Kitchen | 6.20x3.59 | Eat-in Kitchen, Pot Lights, W/O To Deck |
|
| Breakfast | 6.20x3.59 | Combined w/Kitchen, Pot Lights, Laminate |
|
| Primary B | 4.92x3.74 | 4 Pc Ensuite, Walk-In Closet(s), Pot Lights |
|
| 2nd Br | 4.45x3.75 | Pot Lights, Window, Closet |
|
| 3rd Br | 3.31x3.08 | Pot Lights, Window, Closet |
|
| Living Rm | 3.57x3.05 | Combined w/Dining, Pot Lights, Fireplace |
|
| Dining Rm | 3.57x3.13 | Combined w/Kitchen, Pot Lights, Open Concept |
|
| Kitchen | 3.57x3.13 | Stainless Steel Appl, W/O To Yard, Pot Lights |
|
| Br | 3.92x3.24 | Closet, Pot Lights, Large Window |
|
| Br | 3.25x3.19 | Pot Lights, Laminate |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Main |
|
| 2xBaths | 4 pcs | Upper |
|
| 2xBaths | 3 pcs | Basement |
|
| 1xBath | 5 pcs | Lower |
Property Summary
Located close to the intersection of WELDRICK RD W & KERSEY CRES, 116 Weldrick Rd W is a 5+3 bedrooms 6 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property has many nice features including Carpet Free. Living Room Rm, Dinning Room Rm, Kitchen and Breakfast Room are on the Main floor; Primary B, second bedroom and third bedroom are on the upper floor; Living Room Rm, Dinning Room Rm, Kitchen, Br and Br are on the Lower floor.School Information
Elementary Schools
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Home schoolDistance to school: 0.2 km (~3 min walk)
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Home schoolRank: 2677 out of 3022 (Score: 3.7)Distance to school: 0.9 km (~15 min walk)
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French Immersion school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 3.8 km (~11 min drive) -
Rank: 150 out of 3022 (Score: 8.6)Distance to school: 3.9 km (~12 min drive)
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Catholic Gifted program school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 0.5 km (~10 min walk) Secondary Schools
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AP program school
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 1.3 km (~23 min walk) -
Rank: 422/746 (Score: 5.8) 5 year average: 222/746 (Score: 6.8)Distance to school: 2.2 km (~7 min drive)
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Rank: 20/746 (Score: 9.0) 5 year average: 50/746 (Score: 8.0)Distance to school: 4.7 km (~14 min drive)
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AP program school
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 1.3 km (~23 min walk) -
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 1.3 km (~23 min walk)
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Catholic Home school
Rank: 1729/746 (Score: 5.8)Distance to school: 4.3 km (~13 min drive) -
Rank: 1729/746 (Score: 5.8)Distance to school: 4.3 km (~13 min drive)
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Rank: 1729/746 (Score: 5.8)Distance to school: 4.3 km (~13 min drive)
