$1,748,000
75 Spruce Avenue, Richmond Hill, ON L4C 6V9
4 Beds
3 Baths
6 Parking
Opportunity knocks in one of Richmond Hill's most desirable and highly sought-after neighborhoods, SOUTH RICHVALE. Situated on a premium 10,882 sq. ft. (1/4 acre) south-facing lot, this property offers exceptional potential for investors, builders, and end-users alike. The existing home requires some TLC, but presents a solid opportunity to rent out and generate income in the short term while planning for future redevelopment. Whether you're looking to hold for 1-2years as the market evolves for secure a prime piece of land in a prestigious area, this property checks all the boxes. Surrounded by luxury homes and ongoing redevelopment, this is a rare chance to buy at today's pricing and position yourself ahead of the next market upswing. The lot size, location, and orientation provide an ideal canvas for a custom build when the timing is right. Motivated seller-bring your vision and take advantage of this strategic investment opportunity. Top 5 Reasons to Buy : Prestigious South Richvale LocationSituated in one of Richmond Hill's most affluent and sought-after communities, surrounded by luxury custom homes and strong long-term value.Premium 1/4 Acre South-Facing LotA rare 10,882 sq. ft. lot with ideal southern exposure-perfect for maximizing natural light and designing a high-end custom residence.Immediate Income PotentialThe existing home offers the option to rent and generate cash flow while you plan your future build or wait for optimal market conditions.Exceptional Redevelopment OpportunityA prime canvas for builders and end-users looking to create a custom dream home in a neighborhood where redevelopment is already well underway.Strategic Buy Ahead of Market UpswingPurchase at today's pricing, hold short-term, and position yourself to benefit from future appreciation in a consistently high-demand area.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Approximate Age 31-50
Bedrooms Above Grade 3
Bedrooms Below Grade 1
Basement Partially Finished
Exposure South
Possession Immediate / TBA

Building

Building Type Detached
Square Footage 2000-2500
Exterior Brick
Foundation Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 45.02 x 241.94
Lot Size Units Feet
Frontage 45.02
Depth 241.94
Total Living Area 2000-2500

Land

Address 75 Spruce Avenue, Richmond Hill, ON L4C 6V9
City Richmond Hill
Community South Richvale
County / Area York
Cross Street Carrville & Avenue Rd
Sewer Sewer
Pool None
Parcel Number 0

Parking and Garage

Total Parking 6
Garage Spaces 2
Garage Type Built-In
Parking Features Private

Taxes and Listing Info

List Price $1,748,000
Annual Taxes $10,289
Tax Year 2025
Status Active
Listing Date 2026-06-02T20:59:53Z
Updated 2026-06-02T21:14:53Z
MLS Number N13230830
Local Market Insight

What Buyers Should Know About 75 Spruce Avenue, Richmond Hill, ON L4C 6V9

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

75 Spruce Avenue, Richmond Hill, ON L4C 6V9 is positioned in South Richvale, a part of Richmond Hill where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Carrville & Avenue Rd, public transit options, parking availability, and drive times to employment areas. A property with 6 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,748,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 4 bedrooms, 3 bathrooms, basement details marked as Partially Finished, and a lot size of 45.02 x 241.94, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Richmond Hill, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around South Richvale. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 75 Spruce Avenue, Richmond Hill, ON L4C 6V9, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.