$1,499,900
For sale: Detached

Attention Investors, Builders & Developers! Welcome to 174 Weldrick Road West, Richmond Hill-an exceptional opportunity to acquire a property with potential for land assembly with neighbouring parcels to the west. Explore opportunities for a custom home, rental investment or larger residential redevelopment, subject to municipal approvals.The proposed assembly includes 174, 176 and 180 Weldrick Road West, following completion of approvals. A rezoning application has been submitted proposing either 12 detached building lots or 12 triplex buildings. Supporting studies and reports have been completed, offering a foundation for the next stage of development.Ideally situated near Bathurst Street, schools, community centres, shopping and public transit. A rare opportunity to explore redevelopment potential in a sought-after Richmond Hill neighbourhood. Assembly availability, application status and development permissions to be verified by the buyer.
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 37, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $909,000.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 38 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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