162 Weldrick Road W
North Richvale, Richmond Hill
$4,999,900
ideal for severing into 4-5 lots, selling individually, building luxury custom homes, or exploring a townhome development. This rare assemblage creates an exceptional opportunity in a prime Richmond Hill pocket, only two minutes from Yonge Street.Exceptional Development, Investment & End User Opportunity-perfect for builders seeking scale, investors planning future redevelopment, or families wanting to live now and build their dream home later. Surrounded by top ranked schools, parks, shopping, restaurants, GO Transit, and major highways, this location offers unmatched convenience and long term value. A truly unique chance to secure high potential land in one of Richmond Hill's most desirable neighbourhoods.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $11,424 |
| Lot Size | 135 ft x 323.66 ft |
| mls© Number | N13591484 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $25,592
- Property tax
- $952
- Heat allowance
- $150
- Housing costs
- $26,694 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$821,000
gross annual household income
- Payment at 4%
- $21,040 / mo
- Cash down
- $999,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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