A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 225 Carrville Rd, Richmond Hill Ontario L4C 6E4
5 hours on Market

225 Carrville Rd, Richmond Hill, Ontario L4C 6E4

Detached
7 + 1
4
~2000-2500 sqft
$8,800,000
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Detached
7 + 1
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$3,960/sqft

Monthly cost

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Description

Rare opportunity to acquire the central component of a three-property land assembly in the heart of Richmond Hill. Boasting approximately 90 feet of frontage on Carrville Road, this property forms part of a proposed 19-unit freehold townhouse development being sold together with 211 & 231 Carrville Rod. The rezoning application is well advanced and the sale will be conditional upon the Seller obtaining site plan approval. Extensive planning and technical work has already been completed, providing purchasers with a project that has progressed significantly through the municipal approval process. Existing detached dwelling offers valuable holding potential pending completion of the rezoning process. Supporting documentation available upon request.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size21,735 SqFt(241.5 x 90)
Parking Spaces12
MLS ®NumberN13652628
Community NameRichvale
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, Part Fin

Main Floor

Family

3.67 x 5.36

Kitchen

3.26 x 5.0

Dining

2.4 x 4.6

4th Br

3.55 x 3.25


Features

Lot size: 21,735 SqFt
Pool: Inground

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

Aug 8, 2026
ListedActive
$8,800,000
5 hours on market
history photo preview30
Listing by trreb®
Property listed by FOREST HILL REAL ESTATE INC., Brokerage
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Market Data - Richvale

Geo Zone Map ThumbnailRichvale

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

40 days

Compared to

2025

40 days

2024

40 days

2023

19 days

New Listings

Past 30 days

33 listings

Compared to

2025

46 listings

2024

44 listings

2023

40 listings

Units sold

Past 30 days

8 units

Compared to

2025

18 units

2024

7 units

2023

14 units

Median Sold Price

Past 30 days

$1,299,500

Compared to

2025

$1,637,500

2024

$1,550,000

2023

$1,778,000


Population and Demographics

Overview

Total population 24003
Average household income $138,854

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget