$ 1
-
$1
Price -
8
Bed -
6
Bath -
2,500
SqFt
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About the Listing 498502 -
A prime development and investment opportunity in the heart of Richmond Hill, just two minutes from Yonge Street. This high-potential redevelopment site must be purchased with 114 Weldrick Ave(there is option to be purchased separately as well), offering possibilities for town home development or severance into 3-4 lots. Great potential of generating rental income permonth.this property provides a strong turnkey investment while planning for future development.Fully renovated two-story back-split is thoughtfully designed with multiple units, each featuring modern finishes & private entrances. The main level offers three bedrooms and three bathrooms, including a primary suite with double walk-in closet and 3-piece ensuite. The updated kitchen boasts quartz countertops, stainless steel appliances, and an open-concep tlayout, seamlessly connecting to the bright living and dining areas, complete with pot lights throughout. The back-split unit features a walkout to a private backyard, a spacious living room with a fireplace, a full kitchen with laundry, and two bedrooms with a five-piece bathroom. The finished basement further enhances the property's value with three separate in-law suites, including one in lower level and two in the basement, each with its own private entrance to the outside. The first suite includes one bedroom, a three-piece bathroom, a wet bar, a full kitchen, and a living area with pot lights throughout. The second suite features two bedrooms, a three-piece bathroom, a full kitchen, and a spacious living area, providing ideal space for extended family or tenants. Situated in a high-demand neighborhood, just minutes from public transit, major highways, shopping, restaurants, and top-rated schools, thisproperty presents incredible potential for investors, builders, and developers.Whether you're looking to Live, Redevelop, Potential to Generate income, or hold for future appreciation, this is an unmatched opportunity in a rapidly growing community.
Listing Highlights for 116 Weldrick Rd W
Status
Active
Days on Site
202
Property Type
Residential
MLS ®
N11980487
Year Built
Total Square Footage
2,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Separate Entrance
- Other: Carpet Free
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Shingles
- Others:
- Sewer: Sewer
- Parking Features: Private Double,Built-In
Financial Details
- Tax Amount: $8,750
- Taxes w/Assessments: N/A
- Tax/Property ID: 031540230
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
116 Weldrick Rd W Richmond Hill, ON L4C 3V1
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