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New19 hours ago

188 19th Avenue

Jefferson, Richmond Hill

$2,780,000

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

An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods. Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an outstanding opportunity for builders, developers, investors, or end-users looking to create two spectacular custom estates. Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable properties of its kind. The approvals are in place, servicing is available, allowing you to move forward with confidence.The existing two-storey home is well maintained and fully rentable, providing immediate holding income while you finalize building plans or prepare for construction. Ideally located within close proximity to highly regarded schools, beautiful parks, golf courses, shopping, restaurants, public transit, and major highways, this property offers the perfect balance of luxury living, convenience, and long-term investment potential. Whether your vision is to build and sell two prestigious custom homes, create a legacy estate for generations to come, or capitalize on one of Richmond Hill's increasingly limited development opportunities, this property represents an offering that is becoming exceptionally rare. A truly remarkable opportunity where location, scale, approvals, and future value come together. Rarely does a property of this calibre become available.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,615
Lot Size107.71 ft x 205 ft
mls© NumberN13636400
Listed ByRE/MAX REALTRON 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%
$14,229
Property tax
$801
Heat allowance
$150
Housing costs
$15,181 / mo

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

Down payment20% · $556,000
25-yr amortization

Income needed

$467,000

gross annual household income

Payment at 4%
$11,699 / mo
Cash down
$556,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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