For Sale: 75 Spruce Avenue, Richmond Hill, ON - REW
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$1,748,000
3 + 1 bd • 3 ba • 2000 - 2500 sf • House
75 Spruce Avenue
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$1,748,000
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75 Spruce AvenueRichmond Hill, ON, L4C 6V9

South Richvale
  • 3 + 1 Bed
  • 3 Bath
  • 2000 - 2500 Sqft
  • House

About this home

Opportunity knocks in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2years as the market evolves for secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, location, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity. Top 5 Reasons to Buy : Prestigious South Richvale LocationSituated in one of Richmond Hill's most affluent and sought-after communities, surrounded by luxury custom homes and strong long-term value.Premium 1/4 Acre South-Facing LotA rare 10,882 sq. ft. lot with ideal southern exposure-perfect for maximizing natural light and designing a high-end custom residence.Immediate Income PotentialThe existing home offers the option to rent and generate cash flow while you plan your future build or wait for optimal market conditions.Exceptional Redevelopment OpportunityA prime canvas for builders and end-users looking to create a custom dream home in a neighborhood where redevelopment is already well underway.Strategic Buy Ahead of Market UpswingPurchase at today's pricing, hold short-term, and position yourself to benefit from future appreciation in a consistently high-demand area.
Listed by: Marcel Gery, Broker, RE/MAX HALLMARK YORK GROUP REALTY LTD.

Home facts and features

Price details
List Price
$1,748,000
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Gross Taxes for 2025
$10,289
Home facts
Bedrooms
3 + 1
Full Bathrooms
3
Parking Spaces
6
Parking Details
Private
Property Type
House
Lot Size
45 ft x 241 ft (10892 ft²)
Depth
241.94
Frontage
45.02
Year Built
31 - 50 yrs old
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Partially Finished
Features
Greenbelt/Conservation
Community
Agent details
Primary Agent
Primary Broker
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Listing details
Days on REW
11 Days
MLS® Number
N13230830
Source
Toronto Real Estate Board
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25 Years
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3.99%

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Property Insights

Roselawn Public School
  • Public
  • 4 - 8
Charles Howitt Public School
  • Public
  • JK - 8
St Charles Garnier Catholic Elementary School
  • Catholic
  • JK - 8
Ross Doan Public School
  • Public
  • JK - 5
Richmond Hill Private High School
  • Private
  • 11 - 12
Quantum Academy
  • Private
  • 1 - 12
Global Montessori Day Nursery & Priv.Ele
  • Private
  • PS - 8
Langstaff School
  • Public
  • 9 - 12
St John Paul II Catholic Elementary School
  • Catholic
  • JK - 8
Red Maple Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Marcel Gery
Phone:
905-727-1941
Office:
905-727-1941
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.