Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,600,000 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.
Prime Redevelopment Opportunity in South Richvale, 99 Spruce Avenue, Richmond Hill, Ontario. An exceptional opportunity awaits in the prestigious and highly coveted enclave of **South Richvale**. This premium property features an impressive **45 ft x 241 ft lot**, offering an expansive and entirely **level topography** that provides the ultimate blank canvas for your architectural masterpiece. Whether you are an ambitious builder, a strategic investor, or looking to design your forever custom estate, properties with this remarkable depth are an absolute rarity. The street and the surrounding neighbourhood are lined with magnificent, custom-built multi-million-dollar estates, establishing a baseline of long-term asset value and unparalleled neighbourhood prestige. Currently, a charming, well-maintained small bungalow sits on the property and is occupied by tenants. This offers an excellent immediate revenue stream, allowing you to offset carrying costs with steady rental income while finalizing architectural designs, securing permits, and planning your build. The lifestyle convenience of this location is second to none. Situated just moments from the vibrant **Yonge Street** corridor, you will enjoy effortless access to premium shopping at Hillcrest Mall, fine dining, public transit, and major commuter routes. Families will appreciate proximity to top-ranked local schools and the Richvale Public Library. Surrounded by lush community parks, sports fields, and tranquil green spaces, this property perfectly balances a private, upscale retreat with city convenience. Bring your vision to life in Richmond Hill's most premier pocket!
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This detached home located at 99 Spruce Avenue, Richmond Hill is currently for sale and has been available on SousaSells for 2 days. This property is listed at $1,600,000 with an estimated mortgage of $5,326* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 99 Spruce Avenue, Richmond Hill is in the South Richvale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in South Richvale, Richmond Hill.
Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.
None listed
The current listing price for 99 Spruce Avenue, Richmond Hill, ON in South Richvale, Richmond Hill is $1,600,000.
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
99 Spruce Avenue, Richmond Hill, ON is a Detached (Bungalow) featuring a Crawl Space basement.
Key property features include: Level, Rec./Commun.Centre, School, Public Transit, Library, Park.
Interior highlights include: Accessory Apartment, Carpet Free.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 5.0 vehicles (None).
Heating is provided via Gas and cooling via Window Unit(s).
Request a live agent video tour or get 3D virtual walkthrough access for 99 Spruce Avenue, Richmond Hill, ON .
South Richvale, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
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.
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.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 99 Spruce Avenue, Richmond Hill, ON L4C 6V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,600,000 in Richmond Hill, the legal minimum down payment is $320,000 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 $28,475 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 $28,475.
Comprehensive city-wide demographics, local real estate stats, and school rankings for South Richvale, Richmond Hill.
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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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