Richmond Hill
Detached in Richmond Hill
$8,800,000
211 CARRVILLE ROAD, Richmond Hill, L4C6E4
MLS Number: N13652404
Beds
6
Baths
5
Listing
For Sale
Type
Detached
Square Feet
2,500 - 3,000
Exceptional development opportunity in Richmond Hill. 211 Carrville Road offers approximately 65feet of frontage on Carrville Road and is subject to an advanced development application.Significant planning, traffic, engineering and supporting technical work has already beencompleted in connection with the approval process. The sale will be conditional upon the Sellerobtaining site plan approval. The existing detached dwelling provides additional underlyingasset and holding value while approvals are finalized. An exceptional opportunity fordevelopers, builders and investors in one of Richmond Hill's active redevelopment corridors.
Location
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211 CARRVILLE ROAD, Richmond Hill, L4C6E4
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Down Payment
$1,760,000
Mortgage Amount
$7,040,000
Principal + Interest
$40,705 / mo
5-Year Term Payments
$2,442,313
Estimated Monthly Carrying Cost
$41,355
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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