Gurvinder Nokwal REALTOR®
For Sale Vacant Land 33 days on market

$999,000

Est. payment $4,423/moCalculate yours

230 Rumble Avenue, Richmond Hill, ON L4C 4G6

Mill Pond, Richmond Hill, ON L4C 4G6

Map

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

Minimum for this price: $74,900 (7.5%)

Amortization, years

Estimated mortgage payment

$4,423 per month

Principal and interest
$4,423
Property tax
$515
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
Total, before legal fees
$216,255
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

230 Rumble Avenue, Richmond Hill, ON L4C 4G6 Mill Pond, Richmond Hill, ON L4C 4G6
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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).

$999,000 230 Rumble Avenue, Richmond Hill, ON L4C 4G6
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