A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 75 Spruce Ave, Richmond Hill Ontario L4C 6V9
1 day on Market

75 Spruce Ave, Richmond Hill, Ontario L4C 6V9

Detached
3 + 1
3
~2000-2500 sqft
$1,848,000
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Detached
3 + 1
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$832/sqft

Monthly cost

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Description

Opportunity knocks in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2years as the market evolves for secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, location, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity.


Property Details

Style2-Storey
View-
Age of property31-50
SqFt~2000-2500 SqFt
Lot Size10,892 SqFt(241.94 x 45.02)
Parking Spaces6
MLS ®NumberN13042658
Community NameRichvale
Data SourceTRREB
Listing byRE/MAX HALLMARK YORK GROUP REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Fin

Features

Lot size: 10,892 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 4

Total parking spaces 6


Property History

Apr 24, 2026
ListedActive
$1,848,000
1 day on market
history photo preview4
Listing by trreb®
Property listed by RE/MAX HALLMARK YORK GROUP REALTY LTD., 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

27 days

Compared to

2025

11 days

2024

6 days

2023

14 days

New Listings

Past 30 days

38 listings

Compared to

2025

55 listings

2024

28 listings

2023

19 listings

Units sold

Past 30 days

3 units

Compared to

2025

7 units

2024

8 units

2023

15 units

Median Sold Price

Past 30 days

$2,132,000

Compared to

2025

$1,280,000

2024

$2,140,000

2023

$1,600,000


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