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Listing photo of 225 CARRVILLE ROAD

Richmond Hill

Detached in Richmond Hill

$8,800,000

225 CARRVILLE ROAD, Richmond Hill, L4C6E4

MLS Number: N13652628

Beds

8

Baths

4

Listing

For Sale

Type

Detached

Square Feet

2,000 - 2,500

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.

Location

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225 CARRVILLE ROAD, Richmond Hill, L4C6E4

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Nearby Schools

Schools near 225 CARRVILLE ROAD

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Distances are measured in a straight line from this property.

Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.

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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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