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Jefferson, Richmond Hill
$2,880,000
Rare Opportunity in Prestigious Richmond Hill - Over 1 Acre Backing onto a Breathtaking Ravine! Along with a solid custom-built home offering 4 bedrooms and an expansive living and dining area. Already 3 AAA family tenants will stay, or vacant position. Zoning Approved for Six Semi-Detached Homes! This outstanding opportunity includes six fully serviced residential lots in the prestigiousJefferson community, approved plans for semi-detached homes of approximately 3,700 sq. ft. each. Servicing fees have been paid, andpre-approved architectural plans include separate basement entrances. Simply apply for your building permits and bring your vision to life! Enjoy a prime location surrounded by mature trees, upscale residences, and a serene natural setting, with convenient access to top-rated schools, parks, shopping, dining, and major transit routes. The property also offers excellent connectivity to Highway 404 via the full interchange at Stouffville Road. An additional overpass north of the site is currently under construction, further enhancing future accessibility. An exceptional opportunity for builders and investors to develop in a prestigious, high-demand Richmond Hill neighbourhood!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $9,471 |
| Lot Size | 155 ft x 289.25 ft |
| mls© Number | N14109114 |
| Listed By | HOMELIFE GOLCONDA REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,741
- Property tax
- $789
- Heat allowance
- $150
- Housing costs
- $15,680 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$482,000
gross annual household income
- Payment at 4%
- $12,120 / mo
- Cash down
- $576,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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