$ 1,600,000

99 Spruce Avenue, Richmond Hill

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! (id:1945)
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Property details for 99 Spruce Avenue, Richmond Hill

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
1
Lot Size
45 x 241.5 FT
Stories
1
Basement
Crawl space
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Window air conditioner
Exterior
Aluminum siding
Ownership
Freehold
Annual Taxes
$8,445

Nearby Listings Stat

Estimated price and comparable properties near 99 Spruce Avenue

Active Listings
2
Min Price
$545,000
Max Price
$1,600,000
Avg Price
$1,072,500
Days on Market
17
days
Sold Listings
1
Min Sold Price
$579,000
Max Sold Price
$579,000
Avg Sold Price
$579,000
Days until Sold
76
days

Neighbourhood Census Data

Richmond Hill, Ontario

Population
345
Median Age
49.1
Median Income
$35,712
Dwelling Value
$1,501,121

Housing Tenure

Owners 88%
Renters 8%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 2,039.0/km²
Avg Shelter Cost: $1,833/mo
Owners with Mortgage: 33.3%
Owners Spending 30%+: 33.3%
Tenants Spending 30%+: 0%
English only: 89.9%
English and French: 5.8%
Neither: 4.3%
Median Household Income: $99,584
Median Employment Income: $36,224

Price History

Listed
August 27, 2026
by COLDWELL BANKER THE REAL ESTATE CENTRE
Current Price
$1,600,000
-5.9% from last change
Type
Residential
For Sale
Price Changes
1
Date Price Change
Current $1,600,000 $100,000 (-5.9%)
Aug 27, 2026 $1,700,000 Listed

Contact Agent Get in touch about 99 Spruce Avenue, Richmond Hill

ROY CADO
ROY CADO
COLDWELL BANKER THE REAL ESTATE CENTRE