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2 days on Market

114 Weldrick Rd, Richmond Hill, Ontario L4C 3V1

Detached
3
1
- sqft
$4,710,000
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Detached
3
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$20,227/mo

Tax Amount (2024)$6,980/yr

Days On Market2 days


Description

An exceptional Living & Redevelopment opportunity in the heart of Richmond Hill, just two minutes from Yonge Street. This property, to be purchased alongside 116 Weldrick Ave(There is an option to be purchased separately), offers incredible future potential for townhome development or severance into 3-4 lots. Located in a thriving neighborhood with easy access to transit, major highways, shopping, dining, and top-rated schools, this is a rare find for builders, developers, and investors. The existing home features a bright and functional layout, including three spacious bedrooms, a 3-piece bathroom, a welcoming foyer, and an inviting living area. The kitchen offers ample space, while large windows bring in natural light, enhancing the warmth of the home. The expansive backyard provides additional possibilities for outdoor enjoyment or future expansion.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size10,725 SqFt(165 x 65)
Parking Spaces8
MLS ®NumberN11981574
Community NameRichvale
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

3rd Br

2.87 x 2.40

Hardwood Floor / Closet / Window

Living

6.93 x 3.11

Combined W/Dining / Large Window / Pot Lights

Dining

6.93 x 3.11

Combined W/Living / Hardwood Floor / Pot Lights

Family

4.33 x 3.00

W/O To Deck / Window / Pot Lights


Features

Lot size: 10,725 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Market Data - Richvale

Geo Zone Map ThumbnailRichvale

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

85 days

Compared to

2024

38 days

2023

41 days

2022

13 days

New Listings

Past 30 days

71 listings

Compared to

2024

37 listings

2023

27 listings

2022

30 listings

Units sold

Past 30 days

5 units

Compared to

2024

10 units

2023

14 units

2022

20 units

Median Sold Price

Past 30 days

$3,018,075

Compared to

2024

$2,160,000

2023

$1,858,500

2022

$2,365,000


Population and Demographics

Overview

Total population 24003
Average household income $138,854

Age (%)

65 and plus
23%
50 to 64
23%
35 to 49
19%
0 to 19
18%
20 to 34
17%

Household composition (%)

Single family
71%
Single person
25%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
42%
Iranian Persian
16%
Russian
9%
Mandarin
8%
Italian
6%
Yue (Cantonese)
5%
Korean
3%
Persian (Farsi)
2%
Others
2%

House tenancy (%)

Owners
79%
Renters
21%

Schools and amenities

Estimated Budget