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Richmond Hill
$8,800,000
231 CARRVILLE ROAD, Richmond Hill, L4C6E4
MLS Number: N13652424
Beds
4
Baths
2
Listing
For Sale
Type
Detached
Square Feet
1,500 - 2,000
Rare development opportunity in Richmond Hill. 231 Carrville Road offers approximately 45 feetof frontage on Carrville Road and is subject to an advanced development application. Significantplanning, traffic, engineering and supporting technical work has already been completed inconnection with the approval process. The sale will be conditional upon the Seller obtainingsite plan approval. The existing detached dwelling provides valuable underlying asset andholding value while approvals are finalized. An exceptional opportunity for developers, buildersand investors in one of Richmond Hill's desirable redevelopment corridors. Please note: One ofthe Listing Salespersons has an ownership interest in the property.
Estimate Tool
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
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.
Helpful Guide
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
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