$1,299,000
For sale: Vacant Land

Opportunity to build your dream custom home on a spectacular 100 x 532 ft estate-sized property (1.2 acres) in coveted Richmond Hill, surrounded by mature trees offering privacy & a picturesque setting for a magnificent custom estate. Extensive planning & development work has been completed, representing a substantial investment of time & capital, including architectural drawings, completion of numerous studies & plans along w/ municipal coordination. Site plan approval is in its final stages, w/ only outstanding municipal deposits remaining to be paid by the purchaser when ready to proceed. A valuable opportunity to capitalize on the significant work already completed & bring the proposed custom home development to fruition. The proposed architectural plans showcase an impressive approx 4800 sq ft above-grade custom bungaloft, thoughtfully designed for luxurious living, entertaining & multi-generational flexibility, w/ the potential to build an even larger residence if desired (a larger residence would be subject to site plan amendment & approval). The proposed home features 4 bdrms, 5 bthrms, a 3-car garage, impressive 10' ceilings on the main flr, a dramatic 12' ceiling in the family rm, & 9' ceilings throughout the 2nd flr & bsmt. The plans also include a beautifully designed backyard cabana complete w/ a wet bar, lounge area & full bathroom. Existing plans provide for well water & municipal sewer connection, w/ the option to install a septic system in lieu of municipal sewer, should the purchaser prefer. All connections & installations at the purchaser's expense & own due diligence. Ideally located minutes from Highway 404, Gormley GO Station, Lake Wilcox Park, golf courses & shopping, w/ nearby highly ranked schools including Alexander Mackenzie High Schl & Richmond Green Secondary Schl, both ranked among Ontario's top 10% of secondary schls in the Fraser Institute's 2025 rankings.*Vendor Take Back (VTB) financing available for consideration, subject to terms*
Sold data
Homes in Rural Richmond Hill took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 43, across 53 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $1,038,000.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 53 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
Richmond Hill 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.
Currently for sale

$1,299,900
Vacant Land191 MARSI ROAD, North Richvale, Richmond Hill

$1,875,000
Vacant Land6677 CONCESSION 2 ROAD, Rural Uxbridge, Uxbridge

$2,000,000
Vacant Land14629 REGIONAL 1 ROAD, Rural Uxbridge, Uxbridge

$1,699,000
Vacant Land5231 13TH LINE, Rural New Tecumseth, New Tecumseth

$1,400,000
Vacant LandLOT 8 - 9 TOWER COURT, Oak Ridges, Richmond Hill

$1,900,000
Vacant Land4746 VANDORF ROAD, Rural Whitchurch-Stouffville, Whitchurch-Stouffville

$2,200,000
Vacant Land16718 PLEASANTVILLE CURVE COURT, Rural Whitchurch-Stouffville, Whitchurch-Stouffville

$1,489,000
Vacant Land5055 CHERRY STREET, Rural Whitchurch-Stouffville, Whitchurch-Stouffville