$1,600,000
Est. payment $7,084/moCalculate yours
99 Spruce Avenue, Richmond Hill, ON L4C 6V9
South Richvale, Richmond Hill, ON L4C 6V9
- 3 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE MLS® N13719876
About this home
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 details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Window Unit(s)
- Exterior
- Aluminum Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 45.04 x 241.53 Feet
- Parking
- None garage · 5 total
- Zoning
- Residential
Financial
- Property Taxes
- $8,445 (2026)
Location
- Neighbourhood
- South Richvale
- Cross Street
- Yonge St/ Spruce Ave /16th Ave
- Direction Faces
- South
Listing
- MLS® Number
- N13719876
- Days on Market
- 52
- Listed On
- 2026-08-27
- Possession
- TBD
- Listed By
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
Features
Interior
- Accessory Apartment
- Carpet Free
Property
- Level
- Rec./Commun.Centre
- School
- Public Transit
- Library
- Park
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,084 per month
- Principal and interest
- $7,084
- Property tax
- $704
- Condo fees
- $0
- Estimated monthly cost
- $7,788
Your mortgage
- Mortgage amount
- $1,280,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $845,336
Cash to close
- Down payment
- $320,000
- Land transfer tax
- $28,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $348,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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