Description
Buy this land together with next door 162 Weldrick Ave (or purchase separately) and secure an impressive combined frontage of over 200 ft x 323.6 ft-ideal for severing into 5-6 lots, selling individually, building luxury custom homes, or exploring a townhome development. This rare assemblage creates an exceptional opportunity in a prime Richmond Hill pocket, only two minutes from Yonge Street.The existing beautifully renovated back-split offers strong immediate income while planning future redevelopment. Featuring an outdoor swimming pool and multiple self-contained units with private entrances, this property is perfectly designed for high rental returns. The main level includes 2 bedrooms, 1 bathroom, and an open-concept kitchen. The lower level offers a spacious 2-bedroom suite with walk-out to a private yard and pool, full kitchen, laundry, 3-piece bath, and a cozy fireplace-ideal for extended family or rental income.Exceptional Development, Investment & End-User Opportunity-perfect for builders seeking scale, investors planning redevelopment, or families wanting to live now and build their dream home later. Surrounded by top-ranked schools, parks, shopping, restaurants, GO Transit, and major highways, this location offers unmatched convenience and long-term value. A truly unique chance to secure high-potential land in one of Richmond Hill's most desirable neighbourhoods.
Property Features
Acreage: < .50
Air Conditioning: Central Air
Approximate Square Footage: 1100-1500
Basement: Crawl Space, Finished with Walk-Out
Exterior: Brick
Exterior Features: Patio, Privacy
Fireplace Features: Wood
Foundation Details: Unknown
Fronting On: North
Garage Type: Built-In
Heat Source: Gas
Heat Type: Forced Air
Lot Shape: Irregular
Parking Features: Private
Roof: Unknown
Sewers: Septic