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79 MUIRHEAD CRESCENT, Richmond Hill, Ontario

$999,900

3 bed · 1 bath

MLS® N14029192

Location, Location! Attention Developers & Investors! An exceptional opportunity to secure a prime redevelopment lot with 100 ft frontage, located in one of Richmond Hill's next major intensification areas. This property offers tremendous flexibility and multiple value-add opportunities. Build a new custom home, renovate the existing structure for strong rental income, or incorporate the property into a future semi-detached redevelopment (plans attached).This property presents incredible investment upside for semi-detached or townhome development and allows you to be part of the major transformation of the Yonge & Stouffville corridor. When combined with the neighboring property at 67 Muirhead, the site offers the potential for an 18-19 unit redevelopment. when combined with next door you will have 200ft (Additional Assembly Opportunity. The neighbouring property at 67 Muirhead is exclusively available, creating the potential for a combined 200 ft frontage redevelopment site)A rare opportunity in a high-growth pocket of Richmond Hill with significant long-term upside. Don't miss out. (id:56426)

EUGENIO STURINO

Listed by REMAX YOUR COMMUNITY REALTY

Powered by REALTOR.ca — view this listing on REALTOR.ca

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
19,708
Median household income
$131,153
Median home value
$1,332,460
Owner-occupied
89%
Homes for sale
84
Median list price
$1,299,500

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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