Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 6 months ago

1610 19th Avenue

Rural Richmond Hill, Richmond Hill

$2

Detached|2-Storey
4 | 3 | 10
About this home

For Sale by Owner. Click on the "More Information" Link Below. Excellent Developmnet Investment. This Property is Being Sold Primarily for its Land Value. Final unbuilt corner development site with potential land assembly for major builders in the core Richmond Hill growth corridor between Leslie Street and Highway 404. Offered by the land assembly leader and owner - inquire for details. Surrounded by established builders including Times Group, Starlane, and Greenpark, the property sits in a proven, low-risk development area and is well positioned for near-term applications. Nearby density precedents of about 20 units per acre support a projected yield exceeding 1,200 residential units across a mix of townhomes and mid-rise buildings. Connectivity is strengthened by the planned Highway 404 interchange at 19th Avenue and the scheduled four-lane widening of 19th Avenue by 2027. The location provides direct regional access and strong frontage on Leslie Street, a major arterial route, with municipal sewer and water services already extended to the intersection. The scale supports flexible planning with options for low-rise detached, medium-density townhomes, and mid-rise formats within a master-planned community. The lands fall under the North Leslie Secondary Plan and align with City Plan 2041 and Provincial Bill 23 growth objectives, with prior OMB/OLT approvals for large community use in the area. Comparable nearby corner assemblies have traded near $100 million despite offering less usable land, underscoring the strategic value of this final remaining corner parcel.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$8,365
Lot Size214 ft x 798.26 ft
mls© NumberN12764256
Listed ByEnas Awad

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%
$0
Property tax
$697
Heat allowance
$150
Housing costs
$847 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $0
25-yr amortization

Income needed

$26,000

gross annual household income

Payment at 4%
$0 / mo
Cash down
$0

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.