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Listing photo of 231 CARRVILLE ROAD

Richmond Hill

Detached in 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.

Location

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231 CARRVILLE ROAD, Richmond Hill, L4C6E4

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Nearby Schools

Schools near 231 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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