Rural Richmond Hill, Richmond Hill, L4E 3M7
Description
Location, Location! Attention Developers & Investors! An exceptional opportunity to secure a prime redevelopment lot with 100 ft frontage, located in one of Richmond Hill's next major intensification areas. This property offers tremendous flexibility and multiple value-add opportunities. Build a new custom home, renovate the existing structure for strong rental income, or incorporate the property into a future semi-detached redevelopment (plans attached).This property presents incredible investment upside for semi-detached or townhome development and allows you to be part of the major transformation of the Yonge & Stouffville corridor. When combined with the neighboring property at 67 Muirhead, the site offers the potential for an 18-19 unit redevelopment. when combined with next door you will have 200ft (Additional Assembly Opportunity. The neighbouring property at 67 Muirhead is exclusively available, creating the potential for a combined 200 ft frontage redevelopment site)A rare opportunity in a high-growth pocket of Richmond Hill with significant long-term upside. Don't miss out.
Features
- Facing: South
- Bedrooms: 3
- Bathrooms: 1
- Garages:
- Kitchens: 1
Details
- Lot size: 100.00 x 190.00 Feet
- Space: 1100-1500
- Tax: $ 4720.00
- N14029192
- Listing contracted with: REMAX YOUR COMMUNITY REALTY
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 6.00x4.44 | Parquet, Fireplace, Parquet |
|
| Kitchen | 5.08x3.03 | Eat-in Kitchen, Pantry, W/O To Yard |
|
| Primary B | 3.84x3.68 | Parquet, His and Hers Closets |
|
| 2nd Br | 3.89x2.46 | Parquet, Closet |
|
| 3rd Br | 3.87x3.48 | Parquet, Linen Closet |
|
| Laundry | 0.00x0.00 |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 3 pcs | Main |
Property Summary
Located close to the intersection of Yonge & Stouffville, 79 Muirhead Cres is a 3 bedrooms 1 washrooms Detached. The property basement is not finished. The property has many nice features including Other. Living Room Rm, Kitchen, Primary B, second bedroom and third bedroom are on the Main floor; Laundry is on the Lower floor.Home Market Analysis
For Sale
For Lease
Comparable home values have decreased 14.7% compared with the same period last year.
Rent levels have remained relatively stable 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 a mix of detached homes and townhouses. Approximately 57% of residents hold a bachelor's degree or higher, while about 18% have a college credential. The large majority of local commuters travel by car.
School Information
Elementary Schools
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Holding schoolRank: 1525 out of 3022 (Score: 6.1)Distance to school: 4.4 km (~13 min drive)
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French Immersion school
Rank: 687 out of 3022 (Score: 7.3)Distance to school: 2.3 km (~7 min drive) -
Distance to school: 2.0 km (~36 min walk)
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Catholic Gifted program school
Rank: 626 out of 3022 (Score: 7.4)Distance to school: 3.9 km (~12 min drive) Secondary Schools
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Rank: 28/746 (Score: 8.8) 5 year average: 21/746 (Score: 8.6)Distance to school: 2.8 km (~9 min drive)
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Rank: 163/746 (Score: 7.3) 5 year average: 280/746 (Score: 6.5)Distance to school: 5.6 km (~17 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: 6.4 km (~19 min drive) -
AP program school
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 6.4 km (~19 min drive) -
Catholic Home school
Rank: 141/746 (Score: 7.5) 5 year average: 130/746 (Score: 7.4)Distance to school: 4.2 km (~13 min drive) -
Rank: 244/746 (Score: 6.9) 5 year average: 262/746 (Score: 6.6)Distance to school: 8.5 km (~26 min drive)
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Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 14.4 km (~43 min drive)
