72 Walmer Rd, Richmond Hill - Single Garage Detached Home

72 Walmer Rd

LocationNorth Richvale, Richmond Hill, L4C 3X1
$1.899M For Sale
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Description

Imagine stepping out your back door and onto your own private nature walk, surrounded by mature trees, peaceful ravine views, and the beauty of nature in every season. Nestled on a quiet cul-de-sac in one of Richmond Hill's most sought-after neighbourhoods, this rare premium ravine lot offers an exceptional opportunity for homeowners, builders, and investors alike. While the frontage may appear modest from the street, the property expands dramatically toward the rear to an impressive 75.33 feet, creating a generous, flat building envelope ideal for a custom dream home. Backing onto a picturesque ravine, the property offers an extraordinary sense of privacy, tranquility, and connection to nature. Imagine morning walks among the trees, peaceful afternoons in your backyard, and the changing colours of the seasons right outside your door - all while enjoying the convenience of being close to top-rated schools, parks, shopping, and transit. The existing well-maintained 3-bedroom residence is comfortably livable, offering the flexibility to move in, rent it out, or hold the property while planning and designing your future home. Whether you envision a striking contemporary masterpiece or a timeless estate residence, this expansive property provides the perfect canvas to bring your vision to life. Opportunities to own a premium ravine lot of this size and calibre are rarely available. Secure your place on one of Richmond Hill's coveted streets and create a home where luxury, privacy, and nature come together. Lot is Irregular. Dimensions (as per MPAC) : 8.36 ft x 16.63 ft x 33.83 ft x 37.86 ft x 217.51 ft x 45.87 ft x 40.49 ft x 11.61 ft x 18.93 ft x 1.54 ft x 328.38 ft x 16.73 ft x 18.36 f. **Speak to LA lot widens to 75 ft (middle of the driveway)

Features

  • House Facing
    Facing: West
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages: 1
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 18.36 x 328.36 Feet
  • Lot Depth
    Space: 2000-2500
  • Tax Amount
    Tax: $ 11224.66
  • MLS
    N14031946
  • Listing contracted with: HARVEY KALLES REAL ESTATE LTD.
Room Size(M) Description
Living Rm7.00x3.99

Hardwood Floor, Combined w/Family, Picture Window

Dining Rm5.49x3.20

Hardwood Floor, Pot Lights

Kitchen5.40x3.70

Stainless Steel Appl, Ceramic Floor, W/O To Deck

Family Rm7.00x3.99

Hardwood Floor, Combined w/Living, Picture Window

Primary B7.79x4.09

Cathedral Ceiling(s), Walk-In Closet(s), 5 Pc Ensuite

2nd Br4.49x3.39

Cathedral Ceiling(s), Hardwood Floor, Combined w/Sitting

3rd Br3.99x3.80

Hardwood Floor, W/W Closet, Pot Lights

Family Rm3.99x3.80

Broadloom, Pot Lights

Recreatio7.00x3.20

W/O To Ravine, Pot Lights, Ceramic Floor



Bathroom Pieces Level
1xBath2 pcs

Main

1xBath5 pcs

Second

1xBath4 pcs

Second



Property Summary

Located close to the intersection of Bathurst and Weldrick, 72 Walmer Rd is a 3 bedrooms 3 washrooms Detached. The unit has a Single Attached Parking Space. The property has many nice features including Other. Living Room Rm, Dinning Room Rm, Kitchen and Family Room Rm are on the Main floor; Family Room Rm and Recreation Roomreatio are on the Lower floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 8.3% compared with the same period last year.

Rent levels have decreased 29.9% compared with the same period last year.

Recent Comparable Value Range
$1,160,000 – $1,450,000
Recent 6-Month Rent Range
$1,750 – $3,900/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
20 Days
Similar homes are selling in about 20 days, faster than the same period last year.
Price Position
45.9% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 59% of residents hold a bachelor's degree or higher, while about 22% have a college credential. The large majority of local commuters travel by car.





School Information



Commute Information

GTA Go Train Richmond Hill Go Train Station (2.7km) - Free Parking available, parking lots: 2004

Location





Community Overview

72 Walmer 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. Around 40% of properties were built in the 1980s, while most of the remaining buildings were constructed in the 1960s and the 1990s. In past 3 months, 12 Detached homes were sold at average of $1.6M. Italian, Chinese, Persian and Russian is the most common second language spoken in the family. In 72 Walmer Rd neighbourhood, you will find many residents are Italian, Iranian, Persian, English, and Chinese. The best approach to travel in North Richvale is very often driving. Richvale Community Centre is at the centre south of the community. Moreover, South Hill Shopping Centre and several commercial real estate are on the east side of Yonge St. 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.


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