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305 Red Maple Rd
Richmond Hill | South Richvale | L4C 6P2- 2
- 1
- 0
$4,500,000
Est. Mtg $15,258 /mo-
Days on market
82
-
Status
New
Home details
- MLS #:
N9305639
- Property type:
- Detached
- Style:
- Bungalow
- Taxes:
- $16,704
- Possession:
- Lot Front:
- 200.0 Feet
- Lot Depth:
- 165.16 Feet
- Basement:
- Part Fin |
- Driveway Pkg:
- 40
- Heat:
- Gas | Forced Air
Description
305 Red Maple Rd, , Richmond Hill, Ontario is a Detached property in Richmond Hill and in the South Richvale community in the L4C 6P2 postal code
Attentions Builder and Developer!!! Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the City of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures..
Extras
The adjacent land is also for sale N8477584.
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2024-09 | 2024-09 | $4,500,000 | $4,500,000 | New | N9305639 |
| 2022-02 | $7,999,990 | $7,400,000 | N5339891 | ||
| 2024-10 | $4,500,000 | $4,500,000 | N9039322 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2023-08 | 135 Carrville Rd, | $2,250,000 | $1,820,000 | 109 |
| 2023-05 | 116 Langstaff Rd W, | $1,698,000 | $1,465,000 | 0 |
| 2022-03 | 30 Scott Dr, | $4,250,000 | $3,999,000 | 1 |
| 2021-07 | 126 Westwood Lane, | $3,988,000 | $3,768,000 | 2 |
| 2021-06 | 123 Oak Ave, | $2,900,000 | $2,925,000 | 2 |
| 2021-05 | 47 Edgar Ave, | $3,000,000 | $2,800,000 | 25 |
| 2021-04 | 24 Maryvale Cres, | $3,800,000 | $3,725,000 | 4 |
| 2020-09 | 155 Garden Ave, | $1,599,900 | $1,830,786 | 9 |
| 2019-06 | 28 Avenue Rd, | $1,189,000 | $1,000,000 | 5 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
Richmond Hill :
96
$2,165,047
283
-2.83%
Municipality activity All Property Types
Sale activity
Richmond Hill :
$1,550,498
197
563
15
105%
-3.68%
Sale Chart - Detached
Richmond Hill Average Price (2 Years):
Sale Chart - Detached
TRREB Total Average Price (2 Years):
Estimated running costs for 305 Red Maple Rd
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $15258 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $1391 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
15258 /mo
-
Property Taxes
$1391 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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