229 Harris Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Jefferson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,880,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 155 x 289.25 ft lot size
Description
*ATTN BUILDERS AND INVESTORS* ZONING APPROVED, SERVICED SEMI-DETACHED DEVELOPMENT ** The property has aconditionally approved consent application for a 6-unit SEMI-DETACHED. Approval is progressing in the process of satisfying theengineering conditions (final stage). Once conditions are met, you can apply for a building permit. Buyers can move forward knowing theapplication is in an advanced stage, pending final steps. The lots are being FULLY SERVICED. Each unit has a side entrance to the basement.Units range approximately 2,700 sqft. in size, with long, deep, and back to the ravine. Extremely well located in the affluent & sought-afterJefferson community. A construction project is underway to provide an additional area on the north side of the Site. This premier locationoffers luxury living with convenient access to top-rated schools, parks, shopping, dining, and major transit routes. Mature trees and upscaleresidences surround the serene neighbourhood. There is a 2-story home with well water and septic on the property
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 229 Harris Avenue, Richmond Hill, ON L4E 3M3
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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 $3,880,000 in Richmond Hill, the legal minimum down payment is $776,000 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 $83,475 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 $83,475.
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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.