$2,980,000
For sale: Detached

Approx 1 Acre!!! An extraordinary opportunity in prestigious South Richvale. Set on one of the area's widest ravine lots, 7 Birch Ave offers a rare chance to build an architectural masterpiece with all permits, approvals, and TRCA clearances fully completed after 4.5 years of planning. Build your dream estate today, or explore the property's exceptional future redevelopment potential, including the possibility of severance or multiple lots, subject to municipal approvals. Whether you're an end user, builder, or investor, this is a rare opportunity to create lasting value in one of Richmond Hill's most sought-after communities. The approved residence offers over 8,500 sq. ft. of luxurious living space, thoughtfully designed to blend contemporary architecture with a spectacular ravine setting. Highlights include four south-facing bedrooms with tranquil ravine views, a resort-inspired lower level with a sauna and guest suite, and a breathtaking rooftop terrace featuring a built-in pool. A truly one-of-a-kind offering where luxury, privacy, nature, and exceptional future potential come together in one of South Richvale's most coveted locations.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.
Based on 266 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (South 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.
Currently for sale

$2,999,000
Detached8985 WOODBINE AVENUE, Buttonville, Markham

$2,590,000
Detached14467 WARDEN AVENUE, Rural Whitchurch-Stouffville, Whitchurch-Stouffville

$2,888,800
Detached10 COUNTRY COURT, Oak Ridges, Richmond Hill

$2,400,000
Detached57 SUMNER HEIGHTS DRIVE, Bayview Village, Toronto

$2,999,900
Detached5387 MAIN STREET, Stouffville, Whitchurch-Stouffville

$1,999,900
Detached155 DENNISON STREET, King City, King

$1,959,000
Detached3068 LAKEVIEW BOULEVARD, South East, Ajax

$4,088,000
Detached225 16TH AVENUE, Langstaff, Richmond Hill