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Jethro Seymour

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116 Weldrick RD W Richmond Hill, ON L4C 3V1

8 Beds

6 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision North Richvale

MLS Listing ID N11980487

Style Backsplit 3

Bedrooms 8

Annual Tax Amount $8,750

Tax Year 2024

Property Sub-Type Detached

Lot Depth 175.0

Lot Front 65.0

Appx SqFt 2500-3000

Property Description

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.

Location

Province ON

County York

Community North Richvale

Area York

Rooms

Family Room No

Basement Finished, Separate Entrance

Kitchen 4

Separate Den/Office 3

Interior

Interior Features Carpet Free

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 65.0

Lot Depth 175.0

Total Parking Spaces 6

Building

Foundation Unknown

Others

ParcelsYN No

Listed by RE/MAX REALTRON REALTY INC.

Jethro Seymour

Broker

+1(416) 712-0767

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Jethro Seymour

116 Weldrick RD W Richmond Hill, ON L4C 3V1

Key Details

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Exterior

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116 Weldrick RD W