114 Weldrick Road, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 65 x 165 ft lot
- 8.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An exceptional Living & Redevelopment opportunity in the heart of Richmond Hill, just two minutes from Yonge Street. This property, to be purchased alongside 116 Weldrick Ave(There is an option to be purchased separately), offers incredible future potential for townhome development or severance into 3-4 lots. Located in a thriving neighborhood with easy access to transit, major highways, shopping, dining, and top-rated schools, this is a rare find for builders, developers, and investors. The existing home features a bright and functional layout, including three spacious bedrooms, a 3-piece bathroom, a welcoming foyer, and an inviting living area. The kitchen offers ample space, while large windows bring in natural light, enhancing the warmth of the home. The expansive backyard provides additional possibilities for outdoor enjoyment or future expansion.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 114 Weldrick Road W, Richmond Hill, ON L4C 3V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1 in Richmond Hill, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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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.