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Hamza Nouman, REALTOR®
46 Roosevelt Drive — property photo
1 / 19 — Click to enlarge
1.5

46 Roosevelt Drive, Richmond Hill

Richmond Hill

$3,788,000

Detached3 bed / 2 bath121 DOM~1,300 sqft
Motivated Seller

Cash flow, cap rate & mortgage breakdown

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Listed by RIGHT AT HOME REALTY

Investment Analysis

Key Facts

Type

Detached

Bedrooms

3

Bathrooms

2

Days on Market

121

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

None Detected

Rent Estimate

$6,250/mo

Estimated from market price-to-rent ratios

Remarks

1/2-acre lot available in South Richvale! Interested in building your own home? Discover this beautiful 1/2-acre lot available for sale in the exclusive community of South Richvale in Richmond Hill. This property is set back on a quiet section of the street conveniently located 5 minutes away from the Shuttle-direct to Pearson Airport, and four major transportation arteries (Yonge Street, Hwy7, 404 & 407). This old established neighbourhood is undergoing rapid change with older homes being bought up and replaced with custom-built multi-million-dollar mansions. This property is one of a few remaining large 1/2 acre lots available for sale in this prestigious South Richvale community. Boasting 100 feet width x 232.8 feet depth, this lot could accommodate a magnificent gated-stately Mansion, circular driveway, pool, and plenty of land to spare for your exclusive peace and privacy. There are no houses up against the back of this property; the house on the property behind is set an acre distance away, giving you an acre of depth between the two houses. Area by-laws allow this property to be subdivided into two separate 1/4-acre estate lots, or the property could serve as an investment in real estate $$$ in one of the best areas of South Richmond Hill/Richvale. Although there are commonly 50-foot-wide properties throughout the cities, the reality about large parcels of land is once they're gone, they're gone. This is an opportunity to build your dream home, entirely to your specifications. Rendered photos are provided for inspiration, showcasing the potential to build one expansive custom home or two separate residences on this unique lot.

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