1610 19th Avenue

Introducing a remarkable opportunity, this house for sale in Richmond Hill is situated at 1610 19th Avenue, Richmond Hill, and presents a unique proposition for both homebuyers and investors alike. This detached, two-storey residence boasts a wealth of potential, primarily due to its substantial land value. With a generous lot measuring 214 x 798 feet and an additional 2-4.99 acres of land, this property is not only a home but also a prime development investment.

The house itself features four spacious bedrooms and three bathrooms, making it ideal for families seeking comfort and space. The layout comprises a total of twelve rooms, providing ample living space for various activities and family gatherings. Although the house is currently unfurnished, it offers a blank canvas for new owners to personalise and create their dream home. The absence of a den may be noted, but the two kitchens available in the property allow for versatile culinary experiences, perfect for those who enjoy cooking or entertaining.

Located in the serene community of Rural Richmond Hill, this house for sale in Richmond Hill is surrounded by the tranquillity of nature while still being conveniently close to urban amenities. The property is equipped with internet access, ensuring that residents can stay connected in today’s digital age. However, it is important to note that there is no air conditioning or central vacuum system, which may be considerations for prospective buyers. The heating is provided by a forced air system, ensuring warmth during the colder months.

The exterior of the house features durable aluminium siding, contributing to its low maintenance requirements. The property does not include a pool or a fireplace, but the finished full basement offers additional living space that can be tailored to suit various needs, whether as a recreation area, home office, or additional storage.

Parking is plentiful with a detached garage that accommodates two vehicles, alongside a private driveway that can hold up to eight cars. This aspect is particularly beneficial for families or those who frequently entertain guests. The location at 1610 19th Avenue, Richmond Hill, is strategically positioned at the high-traffic intersection of Leslie Street and 19th Avenue, providing excellent visibility and accessibility.

This house for sale in Richmond Hill is not just a home; it represents a significant development opportunity. The property is being sold primarily for its land value, with potential for major builders to consider land assembly in this core Richmond Hill growth corridor. The area is surrounded by established builders such as Times Group, Starlane, and Greenpark, highlighting the low-risk development potential in this proven market.

The Northeast Gateway Assembly, where this property is located, is the last undeveloped quadrant in the vicinity, making it an attractive prospect for developers. The site benefits from the planned Highway 404 interchange at 19th Avenue and the scheduled four-lane widening of 19th Avenue by 2027, which will enhance connectivity and accessibility to the region.

With density precedents of approximately 20 units per acre, this house for sale in Richmond Hill supports a projected yield of over 1,200 residential units, which could include a mix of townhomes and mid-rise buildings. The lands fall under the North Leslie Secondary Plan, aligning with City Plan 2041 and Provincial Bill 23 growth objectives, making it a strategically valuable investment.

In conclusion, this house for sale in Richmond Hill at 1610 19th Avenue, Richmond Hill, offers not only a comfortable living space but also a significant opportunity for future development. With its prime location, ample land, and the potential for residential growth, this property is a must-see for anyone interested in the vibrant and evolving landscape of Richmond Hill. Don’t miss out on this exceptional opportunity to invest in a property that promises both immediate enjoyment and long-term value.

Rural Richmond Hill, nestled within the city of Richmond Hill, offers a serene escape from the hustle and bustle of urban life while still being conveniently close to modern amenities. This picturesque area is characterised by its lush landscapes, rolling hills, and charming country lanes, providing a tranquil setting for those who appreciate nature and a slower pace of life. Residents can enjoy a variety of outdoor activities, from hiking and cycling to exploring local parks and conservation areas. The community boasts a friendly atmosphere, with a blend of quaint farms and residential properties, making it an ideal location for families and individuals seeking a peaceful yet connected lifestyle. With easy access to nearby shops, schools, and transport links, Rural Richmond Hill presents a delightful balance of rural charm and urban convenience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to various academic needs and preferences. The closest school is Richmond Green Secondary School, just 1.7 km away, offering grades 9 to 12 with a commendable rating of 8.1, making it an excellent choice for secondary education. For younger students, Victoria Square Public School, located 2.1 km away, provides both English and French language programs for grades JK to 8, though it currently has a rating of 0. Additionally, Our Lady Help of Christians CES, a Catholic elementary school, is situated 2.8 km from the property and boasts a strong rating of 8.5. For those seeking Catholic secondary education, Our Lady Queen of the World Catholic Academy is 3.7 km away, although it currently has no rating. St. Marguerite d’Youville CES, another Catholic elementary school, is 5.0 km from the property and has a solid rating of 7.7. Overall, the area offers a diverse range of schooling options, ensuring families have access to quality education in both public and Catholic systems.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 2,314 residents, with an average household size of three individuals. The demographic profile indicates a youthful community, with an average age of 35.3 years. The average household income is notably high at $140,000, although 16.3% of the population falls within the low-income bracket. The real estate market reflects this affluence, with an average property price of $1,500,000. A significant portion of the community, 58.27%, consists of households with children, and 33.33% of the population is single. The area is diverse, with 52.31% of residents being immigrants, contributing to a rich cultural tapestry. Renters make up 28.95% of the population, while condominiums represent a mere 1.32% of housing options. Education levels are impressive, with 67.05% of residents holding a college or university degree. However, it is noteworthy that 25.57% of the population is not in the labor force, indicating potential opportunities for economic engagement. Overall, this vibrant community combines a strong educational background with a diverse demographic and a robust housing market.