7 Birch Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,980,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 387 x 107 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Approx 1 Acre!!! An extraordinary opportunity in prestigious South Richvale. Set on one of the area's widest ravine lots, 7 Birch Ave offers a rare chance to build an architectural masterpiece with all permits, approvals, and TRCA clearances fully completed after 4.5 years of planning. Build your dream estate today, or explore the property's exceptional future redevelopment potential, including the possibility of severance or multiple lots, subject to municipal approvals. Whether you're an end user, builder, or investor, this is a rare opportunity to create lasting value in one of Richmond Hill's most sought-after communities. The approved residence offers over 8,500 sq. ft. of luxurious living space, thoughtfully designed to blend contemporary architecture with a spectacular ravine setting. Highlights include four south-facing bedrooms with tranquil ravine views, a resort-inspired lower level with a sauna and guest suite, and a breathtaking rooftop terrace featuring a built-in pool. A truly one-of-a-kind offering where luxury, privacy, nature, and exceptional future potential come together in one of South Richvale's most coveted locations.
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Pricing & Value Insights
Data-driven valuation for 7 Birch Avenue W, Richmond Hill, ON L4C 6C4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,980,000 in Richmond Hill, the legal minimum down payment is $596,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $60,975 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $60,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.