225 Carrville Rd

LocationSouth Richvale, Richmond Hill, L4C 6E4
$8.8M For Sale
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Description

Rare development opportunity in the heart of Richmond Hill. 225 Carrville Road boastsapproximately 90 feet of frontage on Carrville Road and is subject to an advanced developmentapplication. Extensive planning, traffic, engineering and supporting technical work has alreadybeen completed in connection with the approval process. The sale will be conditional upon theSeller obtaining site plan approval. The existing detached dwelling provides valuable underlyingasset and holding value while approvals are finalized. An exceptional opportunity fordevelopers, builders and investors in one of Richmond Hill's most active redevelopment corridors.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 7
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 90.00 x 241.50 Feet
  • Lot Depth
    Space: 2000-2500
  • Tax Amount
    Tax: $ 12678.53
  • MLS
    N13652628
  • Listing contracted with: FOREST HILL REAL ESTATE INC.
Room Size(M) Description
Family Rm3.67x5.36

Kitchen3.26x5.00

Dining Rm2.40x4.60

Primary B4.10x3.50

2nd Br3.60x3.35

3rd Br4.08x2.25

Primary B5.25x3.60

4th Br3.55x3.25

5th Br2.85x2.65

Br3.00x2.84

Family Rm6.40x4.85

Kitchen5.70x5.00



Bathroom Pieces Level
3xBaths4 pcs

Main

1xBath2 pcs

Basement



Property Summary

Located close to the intersection of Yonge St. & Carrville Rd., 225 Carrville Rd is a 7+1 bedrooms 4 washrooms Detached. The property basement is Separate Ent Partially Fi. The property has many nice features including Accessory Apartment. Family Room Rm, Kitchen, Dinning Room Rm, Primary B, second bedroom, third bedroom, Primary B, fourth bedroom, fifth bedroom and Br are on the Main floor.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 55% of residents hold a bachelor's degree or higher, while about 13% have a college credential. The large majority of local commuters travel by car.





School Information



Commute Information

GTA Go Train Langstaff Go Train Station (2km) - Free Parking available, parking lots: 1547

Location





Community Overview

225 Carrville Rd is at North East Corner of South Richvale Community. The community of South Richvale runs from Yonge St on the East to Highway 7 in the south, Bathurst St on the west, and Carrville Rd in the north. The community was one of Toronto's first commuter suburbs. The development coincided with the opening of the Richvale School in 1923. The significant real estate development started in the 1950s, and many residential houses were built around the 1970s. On the north end of the community, close to Carrville Rd, some newly built modern townhouses are perfect for those looking for three or more bedroom livings. In past 3 months, 11 Detached homes were sold at average of $2.6M. Besides English, Italian, Chinese and Persian is the most common second language spoken in the family. In 225 Carrville Rd neighbourhood, you will find many residents are Chinese, Italian, Iranian, Greek, and Irish. Driving is the primary way of commuting for residents in South Richvale. South Richvale is famous for its natural environment and green spaces. Many top-notch retailers include Indigo, Marshalls+Homesense, Swarovski, Carbon and Old Navy. South Richvale is now one of the most desirable Richmond Hill communities for Chinese families. Many marketers promote the community as South Rich Valley, highlighting it as a wealthy neighbourhood and its name, after translating to Chinese Cantonese, as a famous Hong Kong landmark, 'Lan Kwai Fong'.


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