A pic from exterior of the house or condo, the fenced backyard for 58 Oxford St, Richmond Hill Ontario L4C 4L5
19 days on Market

58 Oxford St, Richmond Hill, Ontario L4C 4L5

Detached
5
3
- sqft
$2,799,999
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$28,000Cashback
Detached
5
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$12,025/mo

Tax Amount (2024)$8,623/yr

Days On Market19 days


Description

***Attention Builders, Investors And End Users*** Seize this rare opportunity to purchase a massive double lot (103ft x 226 ft) with existing house completely on one lot and the opportunity to build a breathtaking custom home on the already severed second lot (51 x 226 ft). Amazing location and surrounded by luxury multimillion-dollar estates in the heart of the highly sought-after Mill Pond neighbourhood in Richmond Hill. Only Steps to Yonge St., public transit, shopping, banks, and a variety of restaurants! The vacant lot is already fully serviced and includes all architectural drawings ready to apply for Permits to build a stunning 2 storey, 5,000 sq.ft. custom home featuring 5 Bedrooms, 6 Bathrooms, Built-In 2 car garage and additional 4 parking spaces on Driveway. Customize to your choosing prior to applying for permits! The existing home has also been approved for a second custom built house, or it offers the flexibility to maintain the existing home and renovate or you can choose to rent out the 2 separate units for great rental income! The existing main house is in excellent condition and features an open-concept floor plan with 4 spacious bedrooms, and 2 bathrooms! The 2nd Unit above the massive 4 car garage, is a self-contained 1-bedroom apartment with full Kitchen and large living/dining room. The Massive Drive through garage is perfect for storing construction materials while building the next door home!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size23,258 SqFt(225.68 x 103.06)
Parking Spaces7
MLS ®NumberN11824983
Community NameMill Pond
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Upper Floor

5th Br

4.00 x 4.00

Living

5.00 x 4.00

Kitchen

4.00 x 3.00


Features

Lot size: 23,258 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 5

Total parking spaces 7


Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Mill Pond

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2023

22 days

2022

9 days

2021

13 days

New Listings

Past 30 days

35 listings

Compared to

2023

13 listings

2022

15 listings

2021

13 listings

Units sold

Past 30 days

5 units

Compared to

2023

9 units

2022

2 units

2021

8 units

Median Sold Price

Past 30 days

$1,950,000

Compared to

2023

$1,649,000

2022

$2,660,000

2021

$2,007,500


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%

Schools and amenities

Estimated Budget