Description
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.
Features
- Facing: South

- Bedrooms: 3

- Bathrooms: 3

- Garages: 2

- Kitchens: 1

Details
- Lot size: 45.02 x 241.94 Feet

- Space: 2000-2500

- Tax: $ 10289.00

- N13042658

- Listing contracted with: RE/MAX HALLMARK YORK GROUP REALTY LTD.
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 2 pcs | Main |
|
| 1xBath | 4 pcs | Second |
|
| 1xBath | 4 pcs | Second |
Property Summary
Located close to the intersection of Carrville & Avenue Rd, 75 Spruce Ave is a 3+1 bedrooms 3 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property basement is Partially Fi . The property has many nice features including In-Law Capability. .School Information
Elementary Schools
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Home schoolRank: 231 out of 3022 (Score: 8.3)Distance to school: 0.7 km (~12 min walk)
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French Immersion school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 3.1 km (~9 min drive) -
Catholic French Immersion school
Rank: 150 out of 3022 (Score: 8.6)Distance to school: 3.5 km (~11 min drive) -
Catholic Gifted program school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 0.8 km (~14 min walk) Secondary Schools
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Home schoolRank: 422/746 (Score: 5.8) 5 year average: 222/746 (Score: 6.8)Distance to school: 1.2 km (~22 min walk)
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French Immersion school
Rank: 422/746 (Score: 5.8) 5 year average: 222/746 (Score: 6.8)Distance to school: 1.2 km (~22 min walk) -
French Immersion school
Rank: 20/746 (Score: 9.0) 5 year average: 50/746 (Score: 8.0)Distance to school: 3.7 km (~11 min drive) -
AP program school
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 2.3 km (~7 min drive) -
AP program school IB Program
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 2.3 km (~7 min drive) -
Catholic Home school
Rank: 1729/746 (Score: 5.8)Distance to school: 5.3 km (~16 min drive) -
Catholic AP program school
Rank: 1729/746 (Score: 5.8)Distance to school: 5.3 km (~16 min drive) -
Catholic Gifted program school
Rank: 1729/746 (Score: 5.8)Distance to school: 5.3 km (~16 min drive)












