Gurvinder Nokwal REALTOR®
For Sale Detached 89 days on market

$4,088,000

Est. payment $18,101/moCalculate yours

225 16th Avenue, Richmond Hill, ON L4C 7A6

Langstaff, Richmond Hill, ON L4C 7A6

  • 3 Beds
  • 0 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of REMAX YOUR COMMUNITY REALTY MLS® N13587948

About this home

RARE DEVELOPMENT Opportunity on an approximately 100’x 300’lot (Aprox area 30,000 Sq ft) with Split R1/R6 Zoning. Property ideal for builders, developers, and land investors seeking future redevelopment or severance potential. Existing dwelling is being sold in “as is, where is” condition. Buyer to verify all zoning, permitted uses, lot creation, redevelopment potential, servicing capacity, and municipal approvals independently. Survey, zoning information, and other due diligence materials to be provided if available. Note similar properties on both sides Developed the existing town home complexes. Relevant Development documents and correspondence with the town and TRCA etc. on file. Survey on file (2018. A rare opportunity to acquire a premium-sized parcel in one of Richmond Hill’s most desirable and evolving neighbourhoods. Please Do not enter the property without a confirmed showing.

Property details

Overview

Property Type
Detached
Style
Bungalow-Raised
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
3
Bathrooms
0
Kitchens
1
Basement
None

Building & Systems

Heating
Other (Other)
Cooling
Other
Exterior
Brick, Stone
Foundation
Other
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
100 x 300 Feet
Parking
None garage · 8 total
Zoning
Split R1 and R6

Financial

Property Taxes
$12,000 (2026)

Location

Neighbourhood
Langstaff
Cross Street
Yonge and 16th
Direction Faces
South

Listing

MLS® Number
N13587948
Days on Market
89
Listed On
2026-07-21
Possession
Flexible / TBD
Listed By
REMAX YOUR COMMUNITY REALTY

Features

Interior

  • Other

Property

  • Hospital
  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Pool

  • None
Included
Existing detached home provides holding income while future development options are explored. Property is located in desirable Langstaff Area. Relevant Documents and correspondence with the town and TRCA on file, Survey on file (2018).

Mortgage calculator

Minimum for this price: $817,600 (20%)

Amortization, years

Estimated mortgage payment

$18,101 per month

Principal and interest
$18,101
Property tax
$1,000
Estimated monthly cost
$19,101

Your mortgage

Mortgage amount
$3,270,400
Mortgage insurance
Not needed
Interest over 25 years
$2,159,834

Cash to close

Down payment
$817,600
Land transfer tax
$88,675
Total, before legal fees
$906,275
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

225 16th Avenue, Richmond Hill, ON L4C 7A6 Langstaff, Richmond Hill, ON L4C 7A6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,088,000 225 16th Avenue, Richmond Hill, ON L4C 7A6
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