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Renanza Realty
For sale

99 SPRUCE AVENUE

Richmond Hill (South Richvale), Ontario

MLS® N13719876

$1,600,000

Status
Active
Property type
House
MLS® number
N13719876
Bedrooms
3
Bathrooms
1
Year built

Listing description

Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece.

Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants.

This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes.

Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!

Property summary

MLS® number
N13719876
Property type
Single Family
Building type
House
Title
Freehold
Land size
45 x 241.5 FT
Annual property taxes
$8,444.76
Parking
5 spaces · No Garage
Days on market
5 days

Features & details

Heating
Forced air, Natural gas
Cooling
Window air conditioner
Basement
Crawl space
Flooring
Laminate
Exterior features
Aluminum siding
Lot features
Level lot, Carpet Free
Community features
Community Centre
Architectural style
Bungalow

What would this home cost you?

Based on the $1,600,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,445 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE, VAUGHAN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.