75 Spruce Avenue, Richmond Hill, ONL4C 6V9
Property Information
Monthly Cost
Description
EXCEPTIONAL VALUE, in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2 years as the market evolves or secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, locating, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity.
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
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All Richmond Hill school catchments →About South Richvale
View South Richvale on Market →Who lives here
A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 91%
- Homeowners
- 60%
- Households with kids
- $105,000
- Median income
- 49
- Median age
More about this area
- 2.9
- Avg. household size
- 59%
- University degree
- 52%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35190857). Values are randomly rounded by Statistics Canada for privacy.
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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