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!
68 days
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Zillow last checked:
Listing updated:
Listed by:
COLDWELL BANKER THE REAL ESTATE CENTRE
Source: TRREB,MLS®#: N13462470Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Heating
Forced Air, Gas
Cooling
Window Unit(s)
Features
Flooring: Accessory Apartment, Carpet Free
Basement: Crawl Space
Has fireplace: No
Interior area
Living area range: 700-1100 null
Property
Parking
Total spaces: 5
Features
Pool features: None
Lot
Size: 10,867 Square Feet
Features: Level, Rec./Commun.Centre, School, Public Transit, Library, Park