North Richvale, Richmond Hill, L4C 3V1
Description
--Attention Investors, Builders & Developers! Welcome to 176 Weldrick Road West, Richmond Hill-an exceptional opportunity to acquire a property with potential for land assembly with neighbouring parcels to the west. Explore opportunities for a custom home, rental investment or larger residential redevelopment, subject to municipal approvals.The proposed assembly includes 174, 176 and 180 Weldrick Road West, following completion of approvals. A rezoning application has been submitted proposing either 12 detached building lots or 12 triplex buildings. Supporting studies and reports have been completed, offering a foundation for the next stage of development. Ideally situated near Bathurst Street, schools, community centres, shopping and public transit. A rare opportunity to explore redevelopment potential in a sought-after Richmond Hill neighbourhood. Assembly availability, application status and development permissions to be verified by the buyer.
Features
- Facing: North
- Bedrooms: 3
- Bathrooms: 3
- Garages: 2
- Kitchens: 1
Details
- Lot size: 74.99 x 322.65 Feet
- Space: 2500-3000
- Tax: $ 12108.46
- N14147226
- Listing contracted with: REMAX YOUR COMMUNITY REALTY
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 3 pcs | Main |
|
| 1xBath | 2 pcs | Second |
|
| 1xBath | 3 pcs | Second |
Property Summary
Located close to the intersection of BATHURST & WELDRICK, 176 Weldrick Rd W is a 3 bedrooms 3 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property has a finished Walk-Up basement. The property has many nice features including Other. .Home Market Analysis
For Sale
For Lease
Comparable home values have decreased 4.5% compared with the same period last year.
Rent levels have decreased 5.7% 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 19% have a college credential. Driving is the primary commuting method for nearly all local commuters.
School Information
Elementary Schools
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Home schoolDistance to school: 0.6 km (~10 min walk)
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Home schoolRank: 2677 out of 3022 (Score: 3.7)Distance to school: 0.8 km (~15 min walk)
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French Immersion school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 4.2 km (~12 min drive) -
Rank: 150 out of 3022 (Score: 8.6)Distance to school: 4.4 km (~13 min drive)
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Catholic Gifted program school
Rank: 1 out of 3022 (Score: 10.0)Distance to school: 0.5 km (~9 min walk) Secondary Schools
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AP program school
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 1.4 km (~26 min walk) -
Rank: 20/746 (Score: 9.0) 5 year average: 50/746 (Score: 8.0)Distance to school: 4.9 km (~15 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: 1.4 km (~26 min walk) -
Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)Distance to school: 1.4 km (~26 min walk)
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Catholic Home school
Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)Distance to school: 4.2 km (~13 min drive) -
Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)Distance to school: 4.2 km (~13 min drive)
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Rank: 1/746 (Score: 10.0) 5 year average: 3/746 (Score: 9.2)Distance to school: 4.2 km (~13 min drive)
Commute Information
Richmond Hill Go Train Station (2.8km) - Free Parking available, parking lots: 2004
Location
Community Overview
176 Weldrick Rd W 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. It is common to see some newly custom-built detached houses in this area.In North Richvale, Around 85% of the population of this neighbourhood own their home, and the remainder is renters. In past 3 months, 14 Detached homes were sold at average of $1.52M. The community has a significant number of adults aged 55 to 64 and seniors aged 65 to 74. In 176 Weldrick Rd W neighbourhood, you will find many residents are Italian, Iranian, Chinese, Persian, and English. It is convenient to find a place to park. It is one of the most well-equipped sports venues in Richmond Hill. 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.
