Property Information:

Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket! (id:27)

Building Features:

Style: Detached
Building Type: House
Air Conditioning: Yes
Architectural Style: Bungalow
Basement Type: Crawl space
Construction Style - Attachment: Detached
Exterior Finish: Aluminum siding
Fire Protection: Smoke Detectors
Floor Space: 700 - 1100 sqft
Flooring Type: Laminate
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3
Bathrooms: 1
Amenities Nearby: Schools, Public Transit, Park
Community Features: Community Centre
Features: Level lot, Carpet Free
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 241.5 Feet
Lot Frontage: 45 Feet
Lot Size: 45 x 241.5 FT
Zoning: Residential
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 5

Rooms:

Kitchen Main Level 3.90 m x 3.04 m
Living Main Level 4.57 m x 3.70 m
2nd Bedroom Main Level 3.20 m x 3.35 m
3rd Bedroom Main Level 3.50 m x 3.65 m
Bedroom Main Level 2.40 m x 3.13 m

Convert Measurement to:

Courtesy of: COLDWELL BANKER THE REAL ESTATE CENTRE

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Demographic Information of 99 SPRUCE AVENUE, Richmond Hill, Ontario, L4C 6V9

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$117,673.99

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.15 %

High school certificate or equivalent

26.71 %

Apprenticeship trade certificate/diploma

3.53 %

College/non-university certificate

15.61 %

University certificate (below bachelor)

1.52 %

University Degree

38.48 %

Commuter

Travel To Work

By Car

84.45 %

By Public Transit

12.5 %

By Walking

0.8 %

By Bicycle

0.0 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.02 %

Houses

43.98 %

99 SPRUCE AVENUE, Richmond Hill, Ontario, L4C 6V9