116 Weldrick Rd W
North Richvale, Richmond Hill, L4C 3V1
FOR SALE
$4,710,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
5 + 3
BEDROOMS6
BATHROOMS2 + 2
KITCHENS12 + 9
ROOMSN11980487
MLSIDContact Us
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.
Call
Nearby Intersections
Yonge & 16th Avenue (197)
Yonge & Weldrick (156)
Yonge & Major Mackenzie (129)
Yonge & Carrville (58)
Call
Property Details
Street
Community
City
Property Type
Detached, Backsplit 3
Lot Size
65' x 175'
Lot Irregularities
72.87 ft x 174.97 ft x 65.06 ft x 174.9
Fronting
North
Taxes
$8,750 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.99' x 26.64' | Combined W/Dining, Large Window, Pot Lights |
| Dining | Main | 12.99' x 26.64' | Combined W/Living, Pot Lights, Window |
| Kitchen | Main | 11.78' x 20.34' | Eat-In Kitchen, Pot Lights, W/O To Deck |
| Breakfast | Main | 11.78' x 20.34' | Combined W/Kitchen, Pot Lights, Laminate |
| Prim Bdrm | Upper | 12.27' x 16.14' | 4 Pc Ensuite, W/I Closet, Pot Lights |
| 2nd Br | Upper | 12.30' x 14.60' | Pot Lights, Window, Closet |
| 3rd Br | Upper | 10.10' x 10.86' | Pot Lights, Window, Closet |
| Living | Lower | 10.01' x 11.71' | Combined W/Dining, Pot Lights, Fireplace |
| Dining | Lower | 10.27' x 11.71' | Combined W/Kitchen, Pot Lights, Open Concept |
| Kitchen | Lower | 10.27' x 11.71' | Stainless Steel Appl, W/O To Yard, Pot Lights |
| Br | Lower | 10.63' x 12.86' | Closet, Pot Lights, Large Window |
| Br | Lower | 10.47' x 10.66' | Pot Lights, Laminate |
Call
Richmond Hill Market Statistics
Richmond Hill Price Trend
116 Weldrick Rd W is a 5-bedroom 6-bathroom home listed for sale at $4,710,000, which is $2,767,200 (142.4%) higher than the average sold price of $1,942,800 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $492,200 (20.2%) compared to the previous 30 day period (December 22 - January 20) and down $60,200 (3.0%) from the same time one year ago.Inventory Change
There were 26 5-bedroom homes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 23.8% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($58,660) (3.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $42,835 increase compared to the previous 30 day period (December 22 - January 20) and $178,550 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 38.5%, up from 9.5% over the previous 30 days (December 22 - January 20) and up from 15.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Richmond Hill stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
Similar Listings
Luxury Italian Custom Build Home. Located In Heard Of Richmond Hill. Luxury Features: Private Elevator For All Levels ( Garage, Main, Second Floors and Basement). Snow melted Driveway. Heated Garage And Basement Floors. Custom Design Kitchen With B/I Appliances. Marble And Hardwood Floors, Skylight, 2 Fireplaces. Jacuzzi in Master Bathroom. Walk-Up Basement And Much More.
Call
Experience refined living at 17 Petrolia Court, a sanctuary of modern luxury in Richmond Hills prestigious South Richvale community. Thoughtfully designed with over 7,300 sq. ft. of exceptional living space on an expansive lot, this home offers a three-car garage and a seamless blend of elegance, comfort, and everyday luxury. Step into the dramatic double-height entryway, where soaring 10-ft ceilings, upgraded hardwood floors, intricate coffered and waffle ceilings, and elegant wainscoting set the tone for sophistication. The formal living and dining rooms provide the perfect setting for upscale gatherings. The gourmet chefs kitchen is a culinary dream, complete with top-tier appliances, stunning granite countertops, butlers pantry, backsplash, and custom cabinetry. The sunlit breakfast area seamlessly flows into the extended deck and private backyard, offering the perfect indoor-outdoor living experience. The spacious family room exudes warmth with upgraded modern fireplace and custom-built wall unit, overlooking the serene back garden. A main-floor office provides a refined workspace, while the well-appointed mudroom features an upgraded closet with ample storage. The upper level hosts five generously sized bedrooms, each with its own walk-in closet and private ensuite. The primary suite is a true retreat, boasting spa-inspired ensuite with heated floors, walk-in dressing room, and cozy fireplace. The walk-up lower level is designed for entertainment and relaxation, featuring home theatre, glass-enclosed wine cellar, home gym, office and an additional bedroom with ensuite. The wonderful outdoor space offers a private sanctuary, ideal for both vibrant gatherings and peaceful evenings. Nestled in one of Richmond Hills most sought-after communities, this home is surrounded by tree-lined streets, top-tier schools, parks, golf courses, and convenient highway access.
Call
A great opportunity for multiple users under the current RS1/R6 zoning, allowing for office, residential, educational, or place of worship uses. The generous lot size is 82.5 x 315, approximately 0.68 acres. The existing home has been renovated, features a finished lower level.
Call
Discover an extraordinary custom-built home in the prestigious Oak Ridges community, spanning over 6,000 sqft. This architectural masterpiece showcases meticulous craftsmanship, a robust steel structure, and luxurious living spaces with the finest finishes. From quality hardwood and marble floors to granite countertops, coffered ceilings, a natural stone front, and a skylight, every detail exudes sophistication. Enjoy the allure of a stunning open-to-above family room, a master bedroom ensuite with heated floors, and a basement featuring heated floors and pre-cast windows. The residence boasts soaring 11' ceilings, adding to its grandeur.
Call
Discover a One-of-a-Kind Custom-Built Home Where Luxury Meets Comfort and Versatility. This Exceptional Residence features 4 Spacious Bedrooms, including Two Primary Suites - One conveniently located on the Main Floor for easy accessibility, and another on the Second Floor offering Privacy and a Personal Retreat. Both Primary Bedrooms boast Elegant Finishes and Expansive Layouts, making them perfect for Multigenerational Living or accommodating guests with ease. At the Heart of the Home, you'll find a Gourmet Kitchen outfitted with Stainless Steel Appliances, Sleek Finishes and an Open-Concept Design that Seamlessly Blends Cooking and Entertaining. Entertainment takes Center Stage with your very own Private Movie Theatre, crafted to deliver an Authentic Cinematic Experience without ever leaving Home. The Lower Level features a Dedicated Office with a Separate Entrance, Ideal for Remote Work or running a Home-Based Business. An Automatic Door Opener adds an Extra Layer of Convenience to this Functional Space. Step outside to your Private Backyard Oasis, designed for both Relaxation and Entertainment. A Custom Stone Fireplace sets the scene for cozy evenings, while a Mounted Outdoor TV lets you Enjoy your Favorite Shows or Sports under the Stars. Unwind in the Luxurious Hot Tub, perfectly positioned for Complete Privacy, creating the Ultimate Escape from the everyday. For the Car Enthusiast, the Garage is a Dream Come True, complete with a Car Lift for Maintenance, Repairs, or Showcasing Prized Vehicles. Adjacent to the Garage is a Separate Tradesman Workshop, thoughtfully Designed with Ample space for Tools, Equipment, and Storage. Whether you're a Contractor, Artisan, or Hobbyist, this setup is Perfect for Hands-on Projects or a Home-Based Business. This home is the Perfect Blend of Work and Passion, Offering a Unique Combination of Luxurious Living and Functional Spaces. A MUST-SEE PROPERTY with Too Many Upgrades to Mention!!
Call
Call