Unknown for 8 Kersey Cres, Richmond Hill Ontario L4C 3W3
2 days on Market

8 Kersey Cres, Richmond Hill, Ontario L4C 3W3

Detached
4 + 2
3
~3000-3500 sqft
$2,250,000
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Detached
4 + 2
3
~3000-3500 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$696/sqft

Monthly cost

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CMA Subject Property

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+9

Properties sold*

$2.2M

Median sold price*

*Based on last 30 days

Description

Attention Developers, Builders & Investors: Amazing Opportunity To Acquire A Prime Redevelopment Site Located In Richmond Hill. Currently has $9k/mth Rental Income. Over 1 Acre Development Site. Could Be Purchased Along With10 Kersey Cres., 116 & 114 Weldrick Ave. A Developers Dream, Located Within 2 Minutes to Yonge St, Public Transportation & All Amenities and Highways. A Golden Opportunity To Build Townhomes. Currently has $9k/mth Income $$$Positive Cash Flow$$$


Property Details

StyleBacksplit 5
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size16,315 SqFt(251 x 65)
Parking Spaces6
MLS ®NumberN12298669
Community NameRichvale
Data SourceTRREB
Listing byBAY STREET GROUP TPRT

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Living

4.5 x 4.0

hardwood floor / Open Concept / O/Looks Dining

Dining

4.0 x 3.0

hardwood floor / Open Concept / O/Looks Living

Kitchen

6.0 x 3.0

Ceramic Floor / Modern Kitchen / Family Size Kitchen


Features

Lot size: 16,315 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Jul 22, 2025
ListedActive
$2,250,000
2 days on market
history photo preview47
Listing by trreb®

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

45 days

Compared to

2024

30 days

2023

17 days

2022

12 days

New Listings

Past 30 days

57 listings

Compared to

2024

40 listings

2023

37 listings

2022

28 listings

Units sold

Past 30 days

11 units

Compared to

2024

9 units

2023

13 units

2022

11 units

Median Sold Price

Past 30 days

$1,390,000

Compared to

2024

$2,188,000

2023

$2,238,000

2022

$1,400,000


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