Gurvinder Nokwal REALTOR®
For Sale Detached 52 days on market

$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
Map

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

Room Level Dimensions
Bedroom Main 7′ 10″ × 10′ 3″
Bedroom 2 Main 10′ 6″ × 11′ 0″
Kitchen Main 12′ 10″ × 10′ 0″
Bedroom 3 Main 11′ 6″ × 12′ 0″
Common Room Main 16′ 6″ × 12′ 0″
Living Room Main 15′ 0″ × 12′ 2″

Features

Interior

  • Accessory Apartment
  • Carpet Free

Property

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

Pool

  • None

Mortgage calculator

Minimum for this price: $320,000 (20%)

Amortization, years

Estimated mortgage payment

$7,084 per month

Principal and interest
$7,084
Property tax
$704
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
Total, before legal fees
$348,475
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

99 Spruce Avenue, Richmond Hill, ON L4C 6V9 South Richvale, Richmond Hill, ON L4C 6V9
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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).

$1,600,000 99 Spruce Avenue, Richmond Hill, ON L4C 6V9
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