$999,999
For sale: Detached

Exceptional investment and development opportunity in the highly desirable Oak Ridges community! Situated on a premium 73.50 x 100 ft lot, this property offers tremendous potential and is strategically positioned within an area experiencing significant growth and redevelopment. An ideal opportunity for investors, builders, or end-users looking to capitalize on future development in a prime location. The home features a separate entrance to a recently renovated basement, offering excellent income potential, along with two full laundry setups for added convenience. Well-maintained and functional, it provides both immediate usability and long-term upside. Located just minutes to Yonge Street and Highway 404, with easy access to shopping, top-rated schools, public transit, and all essential amenities. EXTRAS: 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, Dishwasher, Microwave.
Sold data
Detached homes in Richmond Hill (Oak Ridges) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 266 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $1,498,400.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 266 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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