$999,000
Est. payment $4,423/moCalculate yours
230 Rumble Avenue, Richmond Hill, ON L4C 4G6
Mill Pond, Richmond Hill, ON L4C 4G6
Listing courtesy of KELLER WILLIAMS EMPOWERED REALTY MLS® N13786258
About this home
RARE MILL POND DEVELOPMENT OPPORTUNITY WITH OVER 100 FT OF FRONTAGE! DEMOLITION AND BUILDING PERMITS ARE READY - READY TO START BUILDING! A unique opportunity for builders, investors and end-users to acquire a ready-to-go custom home project in sought-after Mill Pond. Significant architectural, engineering and permit-related work has already been completed for a new 2-storey custom residence of approximately 3,000 sq. ft. above grade, plus a full basement. Extensive plans and supporting documentation are available for review. For buyers looking for an investment opportunity, this is an excellent corner lot for a potential four-unit residential development. The property is already zoned N2, allowing for up to four residential units, subject to applicable zoning and building requirements. This can significantly reduce the time, cost and uncertainty typically associated with pursuing a rezoning. City correspondence confirms the property is outside the TRCA-regulated area, is not subject to site plan approval, and a zoning-compliant proposal may proceed directly to building permit application. Existing dwelling has sustained fire damage, is uninhabitable, and no entry into the structure is permitted. Property is being sold AS-IS, WHERE-IS for its land and redevelopment value. Located in sought-after Mill Pond, close to parks, schools, Yonge Street, shopping, restaurants, transit and community amenities. A rare opportunity to capitalize on years of completed planning, permits and approvals - proceed with the permitted custom home or explore the property’s multi-unit development potential.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 100.67 x 72.67 Feet
Financial
- Property Taxes
- $6,180 (2026)
Location
- Neighbourhood
- Mill Pond
- Cross Street
- Yonge St/Major Mackenzie Dr
- Direction Faces
- West
Listing
- MLS® Number
- N13786258
- Days on Market
- 33
- Listed On
- 2026-09-15
- Possession
- Immediate
- Listed By
- KELLER WILLIAMS EMPOWERED REALTY
Mortgage calculator
Estimated mortgage payment
$4,423 per month
- Principal and interest
- $4,423
- Property tax
- $515
- Condo fees
- $0
- Estimated monthly cost
- $4,938
Your mortgage
- Mortgage amount
- $799,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $527,807
Cash to close
- Down payment
- $199,800
- Land transfer tax
- $16,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,255
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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