$7,888,800
For sale: Detached

Attention Investors, Builders & Developers: Amazing opportunity to acquire an assembly of three parcels of land in one of the best locations in all of Richmond Hill. Addresses: 174, 176 & 178 Weldrick Road (The seller will retain 180 Weldrick once approvals are completed.)A rezoning application has been submitted for the development of: 12 detached building lots, or 12 triplex development units. All required studies and reports have been completed, creating a strong opportunity for developers looking to move forward in the current market. The site is located steps from Bathurst, close to community centers, shopping, public transportation, schools, and many other amenities. Take advantage of this rare development opportunity in a prime Richmond Hill location
Sold data
Homes in North Richvale took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 34, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $892,500.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 36 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 (North Richvale) 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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