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North Richvale, Richmond Hill
$1,899,000
Rare 328' Ravine Lot on Quiet Cul-de-Sac - Build or Renovate" premium lot on a quiet cul-de-sac in one of Richmond Hill's most sought-after neighbourhoods, this rare premium ravine lot presents an exceptional opportunity for homeowners, builders, and investors alike. While the frontage appears modest, the lot expands dramatically to an impressive 75.33 feet across the rear, offering a generous, flat building envelope ideal for a custom dream home. Surrounded by mature trees and backing onto a picturesque ravine, the property provides outstanding privacy, tranquility, and breathtaking natural views throughout the seasons. The existing well-maintained 3-bedroom residence is comfortably livable, allowing you to move in, rent out, or hold the property while planning and designing your future home. Whether you envision a contemporary architectural showpiece or a timeless estate residence, this expansive lot offers the perfect canvas to bring your vision to life. Enjoy the serenity of ravine living combined with convenient access to top-rated schools, parks, shopping, and transit. Premium ravine lots of this caliber are rarely offered for sale. Secure your place on one of Richmond Hill's most coveted streets and create the home you've always imagined. Lot is Irregular. Dimensions (as per MPAC) : 8.36 ft x 16.63 ft x 33.83 ft x 37.86 ft x 217.51ft x 45.87 ft x 40.49 ft x 11.61 ft x 18.93 ft x 1.54 ft x 328.38 ft x 16.73 ft x 18.36 f.**
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $11,225 |
| Lot Size | 18.36 ft x 328.36 ft |
| mls© Number | N13418986 |
| Listed By | HARVEY KALLES REAL ESTATE LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,720
- Property tax
- $935
- Heat allowance
- $150
- Housing costs
- $10,805 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$332,000
gross annual household income
- Payment at 4%
- $7,991 / mo
- Cash down
- $379,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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