South Richvale, Richmond Hill, L4C 6V9
Description
Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!
Features
- Facing: South
- Bedrooms: 3
- Bathrooms: 1
- Garages:
- Kitchens: 1
Details
- Lot size: 45.04 x 241.53 Feet
- Space: 700-1100
- Tax: $ 8444.76
- N13719876
- Listing contracted with: COLDWELL BANKER THE REAL ESTATE CENTRE
| Room | Size(M) | Description | |
|---|---|---|---|
| Kitchen | 3.90x3.04 | Laminate, Walk Through, Window |
|
| Common Rm | 5.03x3.65 | Laminate, W/O To Yard, Window |
|
| Living Rm | 4.57x3.70 | Laminate, Window, Separate Rm |
|
| 2nd Br | 3.20x3.35 | Laminate, Closet, Window |
|
| 3rd Br | 3.50x3.65 | Laminate, Overlooks Backyard, Window |
|
| Br | 2.40x3.13 | Laminate, Closet, Window |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Main |
Property Summary
Located close to the intersection of Yonge St and Spruce Ave and 16th Ave, 99 Spruce Ave is a 3 bedrooms 1 washrooms Detached. The property basement is Crawl Space . The property has many nice features including Carpet Free and Accessory Apartment. Kitchen, Common Rm, Living Room Rm, second bedroom, third bedroom and Br are on the Main floor.Home Market Analysis
For Sale
For Lease
Comparable home values have decreased 11.6% compared with the same period last year.
Rent levels have decreased 32.9% compared with the same period last year.
How This Home Compares
Local Area Profile
This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 51% of residents hold a bachelor's degree or higher, while about 17% have a college credential. Residents use a combination of driving and public transit for commuting.
School Information
Elementary Schools
-
Home schoolRank: 231 out of 3022 (Score: 8.3)Distance to school: 0.7 km (~12 min walk)
-
French Immersion school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 3.2 km (~10 min drive) -
Rank: 150 out of 3022 (Score: 8.6)Distance to school: 3.7 km (~11 min drive)
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Catholic Gifted program school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 0.7 km (~12 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 (~21 min walk)
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Rank: 422/746 (Score: 5.8) 5 year average: 222/746 (Score: 6.8)Distance to school: 1.2 km (~21 min walk)
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Rank: 20/746 (Score: 9.0) 5 year average: 50/746 (Score: 8.0)Distance to school: 3.8 km (~11 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: 2.3 km (~7 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) -
Catholic Home school
Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)Distance to school: 5.3 km (~16 min drive) -
Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)Distance to school: 5.3 km (~16 min drive)
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Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)Distance to school: 5.3 km (~16 min drive)
