MLS® N13652628 · Listed by FOREST HILL REAL ESTATE INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$8,800,000
Detached for sale · 7+1 bed · 4 bath
Signal
12/100
Soft demand, likely to sit
Likely sale price $7,731,932
Rare development opportunity in the heart of Richmond Hill. 225 Carrville Road boastsapproximately 90 feet of frontage on Carrville Road and is subject to an advanced developmentapplication. Extensive planning, traffic, engineering and supporting technical work has alreadybeen completed in connection with the approval process. The sale will be conditional upon theSeller obtaining site plan approval. The existing detached dwelling provides valuable underlyingasset and holding value while approvals are finalized. An exceptional opportunity fordevelopers, builders and investors in one of Richmond Hill's most active redevelopment corridors.