





176 Weldrick Road W
North Richvale, Richmond Hill
$1,799,900
--Attention Investors, Builders & Developers! Welcome to 176 Weldrick Road West, Richmond Hill-an exceptional opportunity to acquire a property with potential for land assembly with neighbouring parcels to the west. Explore opportunities for a custom home, rental investment or larger residential redevelopment, subject to municipal approvals.The proposed assembly includes 174, 176 and 180 Weldrick Road West, following completion of approvals. A rezoning application has been submitted proposing either 12 detached building lots or 12 triplex buildings. Supporting studies and reports have been completed, offering a foundation for the next stage of development. Ideally situated near Bathurst Street, schools, community centres, shopping and public transit. A rare opportunity to explore redevelopment potential in a sought-after Richmond Hill neighbourhood. Assembly availability, application status and development permissions to be verified by the buyer.
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| Type | Detached |
| Style | Backsplit 3 |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $12,108 |
| Lot Size | 74.99 ft x 322.65 ft |
| mls© Number | N14147226 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,213
- Property tax
- $1,009
- Heat allowance
- $150
- Housing costs
- $10,372 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$319,000
gross annual household income
- Payment at 4%
- $7,574 / mo
- Cash down
- $359,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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