162 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 wood construction, this residence presents an exceptional opportunity offered at $4,999,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 135 x 323.66 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ideal for severing into 4-5 lots, selling individually, building luxury custom homes, or exploring a townhome development. This rare assemblage creates an exceptional opportunity in a prime Richmond Hill pocket, only two minutes from Yonge Street.Exceptional Development, Investment & End User Opportunity-perfect for builders seeking scale, investors planning future redevelopment, or families wanting to live now and build their dream home later. Surrounded by top ranked schools, parks, shopping, restaurants, GO Transit, and major highways, this location offers unmatched convenience and long term value. A truly unique chance to secure high potential land in one of Richmond Hill's most desirable neighbourhoods.
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Property Summary
This detached home located at 162 Weldrick Road, Richmond Hill is currently for sale and has been available on SousaSells for 15 days. This property is listed at $4,999,900 with an estimated mortgage of $16,643* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 162 Weldrick Road, Richmond Hill is in the North Richvale 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 North Richvale, Richmond Hill.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 162 Weldrick Road, Richmond Hill, ON
Q.What is the asking price for 162 Weldrick Road, Richmond Hill, ON ?
The current listing price for 162 Weldrick Road, Richmond Hill, ON in North Richvale, Richmond Hill is $4,999,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 162 Weldrick Road, Richmond Hill, ON ?
162 Weldrick Road, Richmond Hill, ON is a Detached (Bungalow) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 162 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 $4,999,900 in Richmond Hill, the legal minimum down payment is $999,980 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 $111,473 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 $111,473.
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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.