$ 999,000

230 Rumble Avenue, Richmond Hill

RARE MILL POND DEVELOPMENT OPPORTUNITY WITH OVER 100 FT OF FRONTAGE! DEMOLITION AND BUILDING PERMITS ARE READY - READY TO START BUILDING! A unique opportunity for builders, investors and end-users to acquire a ready-to-go custom home project in sought-after Mill Pond. Significant architectural, engineering and permit-related work has already been completed for a new 2-storey custom residence of approximately 3,000 sq. ft. above grade, plus a full basement. Extensive plans and supporting documentation are available for review. For buyers looking for an investment opportunity, this is an excellent corner lot for a potential four-unit residential development. The property is already zoned N2, allowing for up to four residential units, subject to applicable zoning and building requirements. This can significantly reduce the time, cost and uncertainty typically associated with pursuing a rezoning. City correspondence confirms the property is outside the TRCA-regulated area, is not subject to site plan approval, and a zoning-compliant proposal may proceed directly to building permit application. Existing dwelling has sustained fire damage, is uninhabitable, and no entry into the structure is permitted. Property is being sold AS-IS, WHERE-IS for its land and redevelopment value. Located in sought-after Mill Pond, close to parks, schools, Yonge Street, shopping, restaurants, transit and community amenities. A rare opportunity to capitalize on years of completed planning, permits and approvals - proceed with the permitted custom home or explore the property's multi-unit development potential. (id:1945)
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Property details for 230 Rumble Avenue, Richmond Hill

Type
Lots and Land
Bedrooms
2
Bathrooms
2
Lot Size
100.67 x 72.67 FT
Annual Taxes
$6,180

Nearby Listings Stat

Estimated price and comparable properties near 230 Rumble Avenue

Active Listings
16
Min Price
$418,800
Max Price
$999,000
Avg Price
$658,905
Days on Market
27
days
Sold Listings
8
Min Sold Price
$419,800
Max Sold Price
$1,088,000
Avg Sold Price
$641,824
Days until Sold
55
days

Neighbourhood Census Data

Richmond Hill, Ontario

Population
484
Median Age
46.9
Median Income
$34,688
Dwelling Value
$999,450

Housing Tenure

Owners 81%
Renters 19%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.6
Pop. Density: 2,872.4/km²
Avg Shelter Cost: $1,670/mo
Owners with Mortgage: 58.6%
Owners Spending 30%+: 20.7%
Tenants Spending 30%+: 0%
English only: 89.7%
English and French: 8.2%
Neither: 1%
Median Household Income: $90,368
Median Employment Income: $31,744

Price History

Listed
September 15, 2026
by KELLER WILLIAMS EMPOWERED REALTY
Current Price
$999,000
-33.4% from last change
Type
Lots and Land
For Sale
Price Changes
1
Date Price Change
Current $999,000 $501,000 (-33.4%)
Sep 15, 2026 $1,500,000 Listed

Contact Agent Get in touch about 230 Rumble Avenue, Richmond Hill

EMILIA SIMONYAN
EMILIA SIMONYAN
KELLER WILLIAMS EMPOWERED REALTY