Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Richmond Hill. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $2 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.
For Sale by Owner. Click on the "More Information" Link Below. Excellent Developmnet Investment. This Property is Being Sold Primarily for its Land Value. Final unbuilt corner development site with potential land assembly for major builders in the core Richmond Hill growth corridor between Leslie Street and Highway 404. Offered by the land assembly leader and owner - inquire for details. Surrounded by established builders including Times Group, Starlane, and Greenpark, the property sits in a proven, low-risk development area and is well positioned for near-term applications. Nearby density precedents of about 20 units per acre support a projected yield exceeding 1,200 residential units across a mix of townhomes and mid-rise buildings. Connectivity is strengthened by the planned Highway 404 interchange at 19th Avenue and the scheduled four-lane widening of 19th Avenue by 2027. The location provides direct regional access and strong frontage on Leslie Street, a major arterial route, with municipal sewer and water services already extended to the intersection. The scale supports flexible planning with options for low-rise detached, medium-density townhomes, and mid-rise formats within a master-planned community. The lands fall under the North Leslie Secondary Plan and align with City Plan 2041 and Provincial Bill 23 growth objectives, with prior OMB/OLT approvals for large community use in the area. Comparable nearby corner assemblies have traded near $100 million despite offering less usable land, underscoring the strategic value of this final remaining corner parcel.
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Golf, Greenbelt/Conservation, Rec./Commun.Centre, School, Park
Storage, Water Heater
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1610 19th Avenue, Richmond Hill, ON L4E 3R9
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 $2 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.