51B Lund Street, Richmond Hill, ON

$1,038,000
MLS#:N13104474
0 beds
0 baths
Residential Freehold
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Added:May 8, 2026(113 days ago)
Updated:May 21, 2026(100 days ago)
Last Checked:24 minutes ago

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of North Richvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,038,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 38 x 120 ft lot size

Description

Rare opportunity in North Richvale, Richmond Hill! This 38 x 120 ft south-facing vacant lot is perfect for building your dream home. The adjacent lot is also available, offering a pool-sized property in a high-demand area. Enjoy convenient access to Yonge St & Bathurst, top-rated schools, parks, trails, a hospital, and more. Act now to secure this exceptional investment!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This vacant land located at 51B Lund Street, Richmond Hill is currently for sale and has been available on SousaSells for 113 days. This property is listed at $1,038,000 with an estimated mortgage of $3,455* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 51B Lund Street, Richmond Hill is in the North Richvale neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in North Richvale, Richmond Hill.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Vacant Land architecture in North Richvale, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedMay 8, 2026 (113 days ago)
UpdatedMay 21, 2026 (100 days ago)
Last Checked24 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size38 × 120 Feet
CountyYork
Annual Tax$2,975
Legal DescriptionPART LOT 59 PLAN 1987 VAUGHAN PART 2, 65R39843 CIT

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 51B Lund Street, Richmond Hill, ON

Q.What is the asking price for 51B Lund Street, Richmond Hill, ON ?

The current listing price for 51B Lund Street, Richmond Hill, ON in North Richvale, Richmond Hill is $1,038,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 51B Lund Street, Richmond Hill, ON ?

51B Lund Street, Richmond Hill, ON is a Vacant Land () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

Virtual Tour & 3D Walkthrough

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Location

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51B Lund Street, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

North Richvale, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents45 incidents / yr
Average Per Month3.8 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

9 assaults (45.0/100k)

Property Security
Low

10 B&E (40.0/100k)

Auto Theft Risk
Low Risk

16 thefts (45.0/100k)

1-Year Trend
â–¼ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 51B Lund Street, Richmond Hill, ON L4C 9V7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$311,400 (30.0%)
* Minimum Canadian down payment required for this price is $207,600.
Amortization Period30 Years
Estimated Monthly Payment$3,455Based on a loan of $726,600 over 30 years.
Purchase Price$1,038,000
Loan Amount$726,600
Provincial Land Transfer Tax:$17,235
Total Estimated Closing Taxes:$17,235

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,038,000 in Richmond Hill, the legal minimum down payment is $207,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,235 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,235.

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North Richvale, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for North Richvale, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,044,119

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in North Richvale, Richmond Hill

Elementary Schools

St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8
Charles Howitt
Public30 Pearson Avenue, Richmond Hill, Ontario, L4C 6T7
7.6
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6

Secondary Schools

Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2

North Richvale, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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