46 ROOSEVELT DRIVE, Richmond Hill (South Richvale)

$3,788,000

For sale: Detached

Detached at 46 ROOSEVELT DRIVE, Richmond Hill (South Richvale)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® N12942690
Neighbourhood
South Richvale

1/2-acre lot available in South Richvale! Interested in building your own home? Discover this beautiful 1/2-acre lot available for sale in the exclusive community of South Richvale in Richmond Hill. This property is set back on a quiet section of the street conveniently located 5 minutes away from the Shuttle-direct to Pearson Airport, and four major transportation arteries (Yonge Street, Hwy7, 404 & 407). This old established neighbourhood is undergoing rapid change with older homes being bought up and replaced with custom-built multi-million-dollar mansions. This property is one of a few remaining large 1/2 acre lots available for sale in this prestigious South Richvale community. Boasting 100 feet width x 232.8 feet depth, this lot could accommodate a magnificent gated-stately Mansion, circular driveway, pool, and plenty of land to spare for your exclusive peace and privacy. There are no houses up against the back of this property; the house on the property behind is set an acre distance away, giving you an acre of depth between the two houses. Area by-laws allow this property to be subdivided into two separate 1/4-acre estate lots, or the property could serve as an investment in real estate $$$ in one of the best areas of South Richmond Hill/Richvale. Although there are commonly 50-foot-wide properties throughout the cities, the reality about large parcels of land is once they're gone, they're gone. This is an opportunity to build your dream home, entirely to your specifications. Rendered photos are provided for inspiration, showcasing the potential to build one expansive custom home or two separate residences on this unique lot.

Sold data

Detached homes in Richmond Hill (South Richvale) — recent sold market

Detached homes in Richmond Hill (South Richvale) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.

Median days to sell
24
Median sale price
$1,498,400
Sale-to-list ratio
96.4%
Sold above asking
25%

Based on 266 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (South Richvale)

Richmond Hill (South Richvale) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (South Richvale)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 46 ROOSEVELT DRIVE