180-182 Church Street, Richmond Hill, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Harding. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,980,000 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.
- 5 Bedrooms and 1 Bathroom
- Premium 100.82 x 151 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Attention Builders, Developers, Investors & End Users! Exceptional Opportunity in the Heart of Richmond Hill! ***Rare offering of two prime adjacent parcels at 180 & 182 Church St S, totaling approximately 100 x 150 ft (15,000 sq ft), ideally positioned within the sought-after Village Local Centre along the Yonge St corridor-an area designated for significant intensification under the City's Official Plan. ***This high-potential development site comes with completed pre-submission studies and engineering, with a proposed 11-13 storey mid-to-high-rise residential project. The property is currently improved with two well-maintained, renovated, and income-generating detached homes, offering immediate holding value. ***Strategically located just steps to Yonge Street, transit, shopping, restaurants, top-ranking schools, medical services, and all essential amenities. Close proximity to major highways, Elgin Barrow Arena and Central Branch (Richmond Hill Public Library) further enhances its appeal. ***Surrounded by active and proposed developments-including a nearby 21-storey mixed-use project-this site is ideally positioned for future growth. Potential for further land assembly to unlock even greater density. ***180 & 182 Church St S must be purchased together. ***A rare chance to secure a premier development site in one of Richmond Hill's fastest-growing urban corridors-don't miss this outstanding investment opportunity!
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Pricing & Value Insights
Data-driven valuation for 180-182 Church Street S, Richmond Hill, ON L4C 1W6
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $4,980,000 in Richmond Hill, the legal minimum down payment is $996,000 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 $110,975 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 $110,975.
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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.