Home with vinyl exterior material, street for 48 Trench St, Richmond Hill Ontario L4C 3W5
2 days on Market

48 Trench St, Richmond Hill, Ontario L4C 3W5

Detached
4 + 2
3
~2000-2500 sqft
$2,499,000
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Detached
4 + 2
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,124/sqft

Est. Mortgage$10,732/mo

Tax Amount (2025)$10,935/yr

Days On Market2 days


Description

An ultra-rare opportunity to acquire two side-by-side properties in the heart of Richmond Hills coveted Mill Pond community. Both side by side properties offer a combined lot with 1.4 acres of land, backing onto ravine lands presenting a truly one-of-a-kind development canvas. Endless Possibilities Await: Build 3 custom estate homes across the frontage, Or 5-7 custom homes by maximizing the depth of the lot, Or pursue a high-density residential project with the potential to develop up to 40 luxury townhomes. Property Features: Combined Lot Size: 1.4 acres Zoning: Residential - Ideal for custom builds or redevelopment. Topography: Ravine lot with west-facing views backing. Existing Homes: Two detached 2-storey houses with existing rental/income potential. Location Highlights: Surrounded by multi-million-dollar custom homes, Steps to Mill Pond Park, top-ranked schools, Richmond Hill GO, hospital, library, and Yonge Street amenities, Quiet, tree-lined street in one of the most sought-after neighbourhoods in Richmond Hill. This is a rare infill opportunity with flexible exit strategies perfect for luxury builders, boutique developers, or investors with vision. Sold together or separately!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size31,360 SqFt(448 x 70)
Parking Spaces4
MLS ®NumberN12189647
Community NameMill Pond
Data SourceTRREB
Listing byCENTURY 21 INNOVATIVE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

2nd Floor

2nd Br

7.37 x 3.3

2nd Br

4.25 x 2.98

3rd Br

3.86 x 3.16

4th Br

3.37 x 3.73


Features

Lot size: 31,360 SqFt
Pool: Decommissioned

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 3

Total parking spaces 4


Property History

Jun 2, 2025
ListedActive
$2,499,000
2 days on market
history photo preview6
Listing by trreb®
Property listed by CENTURY 21 INNOVATIVE REALTY INC., Brokerage

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Market Data - Mill Pond

Geo Zone Map ThumbnailMill Pond

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

43 days

Compared to

2024

16 days

2023

10 days

2022

19 days

New Listings

Past 30 days

33 listings

Compared to

2024

29 listings

2023

32 listings

2022

22 listings

Units sold

Past 30 days

4 units

Compared to

2024

10 units

2023

16 units

2022

6 units

Median Sold Price

Past 30 days

$1,077,500

Compared to

2024

$2,140,000

2023

$1,724,000

2022

$1,695,000


Population and Demographics

Overview

Total population 11510
Average household income $157,974

Age (%)

50 to 64
26%
65 and plus
20%
0 to 19
20%
35 to 49
18%
20 to 34
17%

Household composition (%)

Single family
76%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
53%
Iranian Persian
12%
Mandarin
8%
Russian
7%
Italian
5%
Yue (Cantonese)
4%
Others
3%
Persian (Farsi)
2%
Korean
1%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget