67 Fergus Ave, Richmond Hill - Single Garage Detached Home

67 Fergus Ave

LocationOak Ridges, Richmond Hill, L4E 3C2
$1.93M For Sale
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Description

Attention Builders, Developers, and Investors! An exceptional opportunity awaits in one of Richmond Hills most desirable neighborhoods. This premium 100 x 150 ft lot is already zoned R6, allowing for the creation of two single-detached homes severance is the only step required. Zoning: R6 (permits 2 single detached dwellings)Lot Size: 100 ft x 150 ft Development Charge Credit: 1 included Status: Severance-ready Location: Prime Richmond Hill location, location, location! This is a rare chance to develop in a high-demand area with strong resale potential. Whether you're a seasoned builder or a savvy investor, opportunities like this don't last long.

Features

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

Details

  • Front Lot
    Lot size: 100.08 x 149.00 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 6358.80
  • MLS
    N14154710
  • Listing contracted with: REMAX YOUR COMMUNITY REALTY
Room Size(M) Description
Br0.00x0.00



Bathroom Pieces Level
1xBath3 pcs



Property Summary

Located close to the intersection of Yonge and North Lake Rd, 67 Fergus Ave is a 3 bedrooms 1 washrooms Detached. The unit has a Single Attached Parking Space. The property basement is not finished. The property has many nice features including None. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 18.4% compared with the same period last year.

Rent levels have decreased 57.1% compared with the same period last year.

Recent Comparable Value Range
$960,000 – $1,280,000
Recent 6-Month Rent Range
$1,400 – $1,750/month

How This Home Compares

Market Temperature
Strong Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Low inventory strongly favours sellers of similar homes.
Typical Selling Time
31 Days
Similar homes are selling in about 31 days, slower than the same period last year.
Price Position
71.9% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with housing made up primarily of detached homes. Approximately 50% of residents hold a bachelor's degree or higher, while about 24% have a college credential. The large majority of local commuters travel by car.





School Information



Location





Community Overview

67 Fergus Ave is inside Oak Ridges Community. The Oak Ridge community is at the northwest corner of Richmond Hill. The community runs from Yonge St on the East to the edge of Oak Ridges Corridor Conservation Reserve in the south, Bathurst on the West, and Bloomington Road on the north. It borders Aurora City in the North and King Town in the West. Many houses were also built between the 1950 and 1980s, including small bungalows and neo-colonial-style homes. In past 3 months, 33 Detached homes were sold at average of $1.41M. With more new immigrants moving into Richmond Hill in recent years, the major ethnic groups in Oak Ridge are now Italian, Chinese, Iranian, and Indian. In 67 Fergus Ave neighbourhood, you will find many residents are Italian, Chinese, English, Filipino, and Irish. Residents will need a car to live in this part of Richmond Hill, though there is limited public transit available on the major roads of the community. There are too much natural scenery inside the Oak Ridges community, plenty of parks and reserves, and many hiking trails and golf fields. The shopping in the community is not very convenient, but one can find supermarkets, coffee shops and some restaurants on Yonge Street. Residential houses at Oak Ridges are relatively new. The price is more affordable than most parts of Richmond Hill. Oak Ridge can be a perfect place to settle down for families with two or more children.


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