$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
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
Estimated mortgage payment
$18,101 per month
- Principal and interest
- $18,101
- Property tax
- $1,000
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $906,275
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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