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99 Spruce Ave, Richmond Hill, Ontario, L4C 6V9

$1.60M
Beds 3Baths 1Sqft 700-1100Parking 5
99 Spruce Ave Photo 1

Description

Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!

Home Details

List Date

2026-08-27

Style

Bungalow

Type

Detached

Status

Active

Year Built

51-99

Features

Bedrooms

3

Bathrooms

1

Heating

Forced Air

Cooling

-

Parking

5 Spaces

Appliances & Equipment

Inclusions

None specified.

Exterior

Construction

Alum Siding

Water & Sewer

Municipal

Lot Size

45.04 x 241.53 Feet

Garage

None

Taxes

$8K (2026)

Listing Brokerage

Brokerage Name

COLDWELL BANKER THE REAL ESTATE CENTRE

Samuel Muttiah

Samuel Muttiah

Transition Realtor | Canada to Southern California

KW Beverly Hills

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