191 Marsi Road, Richmond Hill, ON

$1,399,900
MLS#:N13593690
0 beds
0 baths
Residential Freehold
191 Marsi Road, Richmond Hill, ON L4C 9T1

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of North Richvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,399,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 36.33 x 149.5 ft lot size

Description

BUILD YOUR OWN CUSTOM DREAM HOME! Welcome to 191 Marsi Road, a rare opportunity to secure a premium pie-shaped lot tucked away at the end of a quiet dead-end court, surrounded by stunning multi-million-dollar custom homes. Arguably one of the finest lots on the street, this exceptional property offers over 10,000+ sq. ft. of land and permits approximately 30-40% building coverage, providing endless possibilities to design and build your dream home. Ideally located between Yonge Street and Bathurst Street, just off Weldrick Road, this highly sought-after North Richvale neighbourhood offers exceptional convenience with easy access to Mackenzie Health, top-rated schools, parks, walking trails, golf courses, shopping, restaurants, public transit, and all major amenities. Contact the Listing Agent today to be connected with a trusted custom home builder and start bringing your vision to life!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This vacant land located at 191 Marsi Road, Richmond Hill is currently for sale and has been available on SousaSells for 15 days. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 191 Marsi Road, Richmond Hill is in the North Richvale neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in North Richvale, Richmond Hill.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in North Richvale, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size36.33 × 149.5 Feet
CountyYork
Annual Tax$4,650.54
Legal DescriptionLOT 1, PLAN 65M3868, RICHMOND HILLs

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 191 Marsi Road, Richmond Hill, ON

Q.What is the asking price for 191 Marsi Road, Richmond Hill, ON ?

The current listing price for 191 Marsi Road, Richmond Hill, ON in North Richvale, Richmond Hill is $1,399,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 191 Marsi Road, Richmond Hill, ON ?

191 Marsi Road, Richmond Hill, ON is a Vacant Land () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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191 Marsi Road, Richmond Hill, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 191 Marsi Road, Richmond Hill, ON L4C 9T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$419,970 (30.0%)
* Minimum Canadian down payment required for this price is $279,980.
Amortization Period30 Years
Estimated Monthly Payment$4,660Based on a loan of $979,930 over 30 years.
Purchase Price$1,399,900
Loan Amount$979,930
Provincial Land Transfer Tax:$24,473
Total Estimated Closing Taxes:$24,473

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,399,900 in Richmond Hill, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.

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North Richvale, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for North Richvale, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,044,119

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in North Richvale, Richmond Hill

Elementary Schools

St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8
Charles Howitt
Public30 Pearson Avenue, Richmond Hill, Ontario, L4C 6T7
7.6
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6

Secondary Schools

Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2

North Richvale, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.