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For sale: Vacant Land

A rare estate development opportunity in the prestigious Oak Ridges area in upper Richmond Hill. This offering consists of 12 lots totaling 5.39 acres. All development charges have been paid and every lot is fully serviced, including water, hydro, sewer, telephone/cable, and lamp posts. The lots range in size, with one exceeding a full acre and two exceeding half an acre, nestled among luxury estate homes in one of the area's most established and sought-after neighbourhoods. An excellent opportunity for developers and custom home builders looking to build in a premium, high demand location. Conveniently located near Yonge St & Bloomington Rd, with easy access to Hwy 404 and Hwy 400. Close to Cardinal Carter Catholic High School with IB Program, Lake Wilcox, Bond Lake, parks, trails, shopping and major amenities. A rare opportunity to build in an established and highly sought-after neighbourhood. Building Permit to be paid by the purchaser. Lots are available seperatly or together.
Sold data
Homes in Richmond Hill (Oak Ridges) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 51, across 542 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $1,142,500.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 542 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Oak Ridges) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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$1
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