75 Spruce Avenue, Richmond
75 Spruce Avenue in Richmond - 4 bedroom, 3 bathroom. Listed at $1,648,000.
EXCEPTIONAL VALUE, 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 1-2 years as the market evolves or 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, locating, 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.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2250 sqft
- Basement: Partially Finished
- Heating: Gas
- Cooling: Central Air
- Parking: 6 spaces
- Property Taxes: $10,289/yr
- Neighbourhood: South Richvale
- Postal Code: L4C 6V9
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