$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
Homes in South Richvale took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 55, across 78 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $1,486,888.
Homes sold for about 4.6% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 78 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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

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

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

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

$2,999,000
Detached8026 MAYFIELD ROAD, Rural Caledon, Caledon

$2,999,000
Detached275 EASTCOURT ROAD, 1006 - FD Ford, Oakville

$2,900,000
Vacant LandW/S KEELE ST, Brookhaven-Amesbury, Toronto

$3,599,000
Vacant Land6523 BLOOMINGTON ROAD, Rural Whitchurch-Stouffville, Whitchurch-Stouffville