
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Richmond Hill. Expertly crafted featuring premium aluminum siding and other construction, this residence presents an exceptional opportunity offered at $1,690,000 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.
Client Remarks*Prime Land Opportunity !An exceptional opportunity to secure a premium parcel of land in one of Richmond Hill's most rapidly transforming and highly sought-after corridors. Strategically positioned at Leslie Street & 19th Avenue, this expansive ~25,000 sq.ft. lot presents outstanding potential for redevelopment, investment, or the construction of a custom luxury estate. *Surrounded by a wave of **multi-million dollar custom homes** and **newly built townhome communities directly across the street**, this location is undergoing significant urban evolution-making it an ideal acquisition for forward-thinking investors and end-users alike. *The property offers exceptional **future upside**, with strong land appreciation driven by ongoing residential intensification along the Leslie corridor. Whether envisioning a **bespoke luxury residence** , the value here lies firmly in the land and its long-term growth trajectory. *Adding to its development appeal, **municipal water and gas services are available at the street**, providing a clear pathway for future connection and modernization of infrastructure-an important advantage for builders and developers seeking efficiency and cost predictability.* Nestled within a prestigious and evolving enclave, this property offers:* Proximity to top-ranked schools, parks, and amenities* Easy access to major transit routes and Highway 404* A balance of estate-style living with urban convenience* Strong demand from luxury home buyers and developers.*This is a rare chance to acquire a **high-potential land holding in Richmond Hill**, where supply is limited and redevelopment opportunities are increasingly scarce.**Invest, build, or land bank-11631 Leslie Street represents location, scale, and future value in one compelling offering.*the City's Accessory Residential Unit (ARU) By-law 143-24, , does permits one ARU within a single detached dwelling in the ORMCO zone.*
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This detached home located at 11631 Leslie Street, Richmond Hill is currently for sale and has been available on SousaSells for 22 days. This property is listed at $1,690,000 with an estimated mortgage of $5,625* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 11631 Leslie Street, Richmond Hill is in the Rural Richmond Hill neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Richmond Hill, Richmond Hill.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 11631 Leslie Street, Richmond Hill, ON in Rural Richmond Hill, Richmond Hill is $1,690,000.
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
11631 Leslie Street, Richmond Hill, ON is a Detached (Bungalow) featuring a Finished basement.
Interior highlights include: None.
Yes, this property offers parking space for 5.0 vehicles (Detached).
Heating is provided via Propane and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 11631 Leslie Street, Richmond Hill, ON L4E 4R7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,690,000 in Richmond Hill, the legal minimum down payment is $338,000 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 $30,275 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 $30,275.
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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.