PIN#031092447 - 0 16TH AVENUE, Richmond Hill (Langstaff)

$2,500,000

For sale: Vacant Land

Vacant Land at PIN#031092447 - 0 16TH AVENUE, Richmond Hill (Langstaff)
Property type
Land
MLS®
MLS® N13825158
Neighbourhood
Langstaff

Exceptional opportunity to acquire a strategically located commercial development site in Richmond Hill, situated just northeast of Yonge Street & 16th Avenue and northeast of the Beverly Hills Condominiums. This approximately 8,518.51 sq. ft. parcel offers approximately 49.87 ft. of frontage with excellent visibility and accessibility, fronting directly onto the 16th Avenue service road. Zoned KAD-YC (5) under Zoning By-law 93-25, as amended, with a variety of potential permitted uses. Approximate GFA of 36,199 ft2. Excellent opportunity to design and develop a commercial building in a high-demand location surrounded by established and growing residential communities, amenities, transit and major transportation routes. Please refer to the attached City of Richmond Hill zoning information for permitted uses and applicable provisions. Buyer/Buyer's Agent to conduct their own due diligence and verify zoning, permitted uses, development potential, measurements, GFA and all municipal requirements. Property identified by PIN 031092447.

Sold data

Homes in Langstaff — recent sold market

Homes in Langstaff took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 55, across 51 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.

The median sale price was $599,999.

Homes sold for about 4.1% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$599,999
Sale-to-list ratio
95.9%
Sold above asking
24%

Based on 51 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Langstaff)

Richmond Hill (Langstaff) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (Langstaff)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near PIN#031092447 - 0 16TH AVENUE