$8,800,000
Est. payment $38,964/moCalculate yours
231 Carrville Road, Richmond Hill, ON L4C 6E4
South Richvale, Richmond Hill, ON L4C 6E4
- 4 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of FOREST HILL REAL ESTATE INC. MLS® N13652424
About this home
Rare development opportunity in Richmond Hill. 231 Carrville Road offers approximately 45 feetof frontage on Carrville Road and is subject to an advanced development application. Significantplanning, traffic, engineering and supporting technical work has already been completed inconnection with the approval process. The sale will be conditional upon the Seller obtainingsite plan approval. The existing detached dwelling provides valuable underlying asset andholding value while approvals are finalized. An exceptional opportunity for developers, buildersand investors in one of Richmond Hill’s desirable redevelopment corridors. Please note: One ofthe Listing Salespersons has an ownership interest in the property.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Partially Finished, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Unknown
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 45 x 241.5 Feet
- Parking
- None garage · 7 total
Financial
- Property Taxes
- $9,006 (2026)
Location
- Neighbourhood
- South Richvale
- Cross Street
- Yonge St & Carrville Rd
- Direction Faces
- South
Listing
- MLS® Number
- N13652424
- Days on Market
- 72
- Listed On
- 2026-08-07
- Possession
- TBS
- Listed By
- FOREST HILL REAL ESTATE INC.
Rooms
Features
Interior
- None
Pool
- None
- Rental items
- Hot water tank
Mortgage calculator
Estimated mortgage payment
$38,964 per month
- Principal and interest
- $38,964
- Property tax
- $751
- Condo fees
- $0
- Estimated monthly cost
- $39,715
Your mortgage
- Mortgage amount
- $7,040,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $4,649,349
Cash to close
- Down payment
- $1,760,000
- Land transfer tax
- $206,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,966,475
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
This photo could not be loaded.