Unknown for 437 16th Ave, Richmond Hill Ontario L4C 7A7
Re-listed 44 days ago

437 16th Ave, Richmond Hill, Ontario L4C 7A7

Detached
3 + 1
2
~< 700 sqft
$•••,•••
$2,780,000
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Up to
$27,800Cashback
Detached
3 + 1
2
~< 700 sqft

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Highlights

Property Estimate

Days on market44 days

Total days on market
199 days

Estimated valueNot available

Price/Sqft$1,986/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$1.9M

Median sold price*

*Based on last 30 days

Description

Prime Development Opportunity in the Heart of Richmond Hill! Located directly on 16th Avenue, this exceptional property presents a rare chance for redevelopment or land assembly. With a generous lot size of 82 x 315 feet, it offers endless potential for residential, commercial, institutional, or mixed-use development.Positioned in a thriving growth corridor, surrounded by established and emerging communities, this site is ideal for developers, investors, or institutions looking to make a strategic acquisition in one of Richmond Hills most dynamic and fast-growing areas.Whether you're envisioning a large-scale residential project, a private school campus, or a landmark commercial build, the flexibility and location of this parcel make it an unparalleled investment.Extras:Legal Description: PT LT 18 PL 3806 MARKHAM AS IN MA51386 ; RICHMOND HILL


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~< 700 SqFt
Lot Size26,039 SqFt(315.25 x 82.6)
Parking Spaces6
MLS ®NumberN12257005
Community NameLangstaff
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Bsmt Floor

Br

4.09 x 3.07

Wood Trim / Window

2nd Br

4.08 x 3.92

Laminate / Closet / Window


Features

Lot size: 26,039 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
44 days on market
history photo preview3
Listing by trreb®

Market Data - Langstaff

Geo Zone Map ThumbnailLangstaff

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

68 days

Compared to

2024

26 days

2023

40 days

2022

59 days

New Listings

Past 30 days

11 listings

Compared to

2024

8 listings

2023

6 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$2,610,000

Compared to

2024

$1,850,000

2023

$3,730,000

2022

$2,650,000


Population and Demographics

Overview

Total population 16619
Average household income $115,926

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
22%
50 to 64
22%
65 and plus
16%

Household composition (%)

Single family
67%
Single person
29%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
33%
Yue (Cantonese)
16%
Iranian Persian
14%
Mandarin
14%
Korean
6%
Russian
5%
Persian (Farsi)
3%
Spanish
2%
Italian
2%
Others
1%

House tenancy (%)

Owners
72%
Renters
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget