79 MUIRHEAD CRESCENT, Richmond Hill

$1,588,800

For sale: Detached

Detached at 79 MUIRHEAD CRESCENT, Richmond Hill
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 1 bathroom
Living area
1,500 sqft
MLS®
MLS® N13590174
Neighbourhood
Rural Richmond Hill

Location, Location! Attention Developers & Investors! An exceptional opportunity to secure a prime redevelopment lot with 100 ft frontage, located in one of Richmond Hill's next major intensification areas. This property offers tremendous flexibility and multiple value-add opportunities. Build a new custom home, renovate the existing structure for strong rental income, or incorporate the property into a future semi-detached redevelopment (plans attached).This property presents incredible investment upside for semi-detached or townhome development and allows you to be part of the major transformation of the Yonge & Stouffville corridor. When combined with the neighboring property at 67 Muirhead, the site offers the potential for an 18-19 unit redevelopment. when combined with next door you will have 200ft (Additional Assembly Opportunity. The neighbouring property at 67 Muirhead is exclusively available, creating the potential for a combined 200 ft frontage redevelopment site)A rare opportunity in a high-growth pocket of Richmond Hill with significant long-term upside. Don't miss out.

Sold data

Detached homes in Richmond Hill — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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

Richmond Hill 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

  • Corpus ChristielementaryFraser rating 10.0/10
  • St. Therese of LisieuxsecondaryFraser rating 10.0/10
  • Silver StreamelementaryFraser rating 9.3/10
  • St Charles GarnierelementaryFraser rating 9.3/10
  • BayviewsecondaryFraser rating 9.2/10
  • Father Henri J M NouwenelementaryFraser rating 9.2/10

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

Currently for sale

Homes for sale near 79 MUIRHEAD CRESCENT