75 Spruce Avenue, Richmond Hill, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,698,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 45.02 x 241.94 ft lot
- Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability
- equipped with ["central air"] central cooling and highly efficient forced air heating via gas
EXCEPTIONAL VALUE, in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2 years as the market evolves or secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, locating, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 75 Spruce Avenue, Richmond Hill, ON L4C 6V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
