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Listed 1 month ago

7 Birch Avenue W

South Richvale, Richmond Hill

$2,980,000

Detached|Bungalow
0 | 0 | 7
About this home

Approx 1 Acre!!! An extraordinary opportunity in prestigious South Richvale. Set on one of the area's widest ravine lots, 7 Birch Ave offers a rare chance to build an architectural masterpiece with all permits, approvals, and TRCA clearances fully completed after 4.5 years of planning. Build your dream estate today, or explore the property's exceptional future redevelopment potential, including the possibility of severance or multiple lots, subject to municipal approvals. Whether you're an end user, builder, or investor, this is a rare opportunity to create lasting value in one of Richmond Hill's most sought-after communities. The approved residence offers over 8,500 sq. ft. of luxurious living space, thoughtfully designed to blend contemporary architecture with a spectacular ravine setting. Highlights include four south-facing bedrooms with tranquil ravine views, a resort-inspired lower level with a sauna and guest suite, and a breathtaking rooftop terrace featuring a built-in pool. A truly one-of-a-kind offering where luxury, privacy, nature, and exceptional future potential come together in one of South Richvale's most coveted locations.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$10,652
Lot Size387 ft x 107 ft
mls© NumberN13516214
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$15,253
Property tax
$888
Heat allowance
$150
Housing costs
$16,291 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $596,000
25-yr amortization

Income needed

$501,000

gross annual household income

Payment at 4%
$12,540 / mo
Cash down
$596,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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