Description
Buy this land together with next door 162 Weldrick Ave (or purchase separately) and secure an impressive combined frontage of over 200 ft x 323.6 ft-ideal for severing into 5-6 lots, selling individually, building luxury custom homes, or exploring a townhome development. This rare assemblage creates an exceptional opportunity in a prime Richmond Hill pocket, only two minutes from Yonge Street.The existing beautifully renovated back-split offers strong immediate income while planning future redevelopment. Featuring an outdoor swimming pool and multiple self-contained units with private entrances, this property is perfectly designed for high rental returns. The main level includes 2 bedrooms, 1 bathroom, and an open-concept kitchen. The lower level offers a spacious 2-bedroom suite with walk-out to a private yard and pool, full kitchen, laundry, 3-piece bath, and a cozy fireplace-ideal for extended family or rental income.Exceptional Development, Investment & End-User Opportunity-perfect for builders seeking scale, investors planning redevelopment, or families wanting to live now and build their dream home later. Surrounded by top-ranked schools, parks, shopping, restaurants, GO Transit, and major highways, this location offers unmatched convenience and long-term value. A truly unique chance to secure high-potential land in one of Richmond Hill's most desirable neighbourhoods.
Features
- Facing: North
- Bedrooms: 4
- Bathrooms: 2
- Garages: 1
- Kitchens: 1
Details
- Lot size: 67.50 x 323.25 Feet
- Space: 1100-1500
- Tax: $ 10149.00
- N12661272
- Listing contracted with: RE/MAX REALTRON REALTY INC.
| Room | Size(M) | Description | |
|---|---|---|---|
| Kitchen | 3.50x7.50 | Laminate, Backsplash |
|
| Family Rm | 3.20x4.95 | Broadloom, Window |
|
| Primary B | 3.20x3.20 | Broadloom, Closet |
|
| 2nd Br | 2.70x3.60 | Broadloom, Closet |
|
| Family Rm | 4.75x6.20 | Hardwood Floor, Fireplace |
|
| 3rd Br | 3.65x3.00 | Hardwood Floor, Closet |
|
| 4th Br | 3.90x5.85 | ||
| Office | 2.60x3.60 | Hardwood Floor, Window |
|
| Kitchen | 2.70x6.20 | Laminate, Backsplash |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Main |
|
| 1xBath | 3 pcs | Lower |
Property Summary
Located close to the intersection of Yonge and Weldrick, 166 WELDRICK Rd is a 4 bedrooms 2 washrooms Detached. The unit has a Single Built-In Parking Space. The property has many nice features including None. Kitchen, Family Room Rm, Primary B and second bedroom are on the Main floor; Family Room Rm, third bedroom, fourth bedroom, Office and Kitchen are on the Lower floor.School Information
Elementary Schools
-
Catholic French Immersion school
Rank: 150 out of 3022 (Score: 8.6)Distance to school: 4.3 km (~13 min drive) -
Catholic Gifted program school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 0.5 km (~9 min walk) Secondary Schools
-
Catholic Home school
Rank: 1729/746 (Score: 5.8)Distance to school: 4.2 km (~13 min drive) -
Catholic AP program school
Rank: 1729/746 (Score: 5.8)Distance to school: 4.2 km (~13 min drive) -
Rank: 1729/746 (Score: 5.8)Distance to school: 4.2 km (~13 min drive)
Location
Community Overview
166 WELDRICK Rd is at the Heart of North Richvale Community. North Richvale community runs from Yonge St on the East to Carrville Rd in the south, Bathurst St on the west, and Major Mackenzie Dr in the north. The community has a long history of development, almost in line with the development of Richmond Hill, because historically, the downtown of Richmond Hill is the intersection of what is now Yonge and Major Mackenzie Drive. It is common to see some newly custom-built detached houses in this area.In North Richvale, Around 85% of the population of this neighbourhood own their home, and the remainder is renters. In past 3 months, 10 Detached homes were sold at average of $1.69M. The community has a significant number of adults aged 55 to 64 and seniors aged 65 to 74. In 166 WELDRICK Rd neighbourhood, you will find many residents are Italian, Chinese, Iranian, Russian, and Scottish. The best approach to travel in North Richvale is very often driving. Richvale Community Centre is at the centre south of the community. Anchored by a state-of-the-art Hudson's Bay, Hillcrest Mall is the only fully enclosed shopping centre in Richmond Hill. North Richvale is an ideal place for middle-income families to buy a home. The community noise levels in this town are low, as the streets are generally relatively peaceful. Lastly, public green spaces are easy to access since there are a few close by for residents to relax.
