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174-178 Weldrick Rd W 0.98 Acres of Residential Land Offered at $5,746,504 USD in Richmond Hill, ON L4C 3V1
Investment Highlights
- Highly desirable infill site steps from Bathurst Street, surrounded by established residential neighbourhoods and strong end-user demand.
- Efficient lot layout potential in an established urban corridor with limited future land supply.
- Scarce residential development land available in this part of Richmond Hill, enhancing long-term value and exit optionality.
- Planning application in place for up to 12 detached residential lots or 12 triplex dwelling units, providing multiple development pathways.
- Close proximity to public transit, major arterial roads, shopping, schools, community centres, and neighbourhood amenities.
- Entitlement progress and completed reports position the project to advance in today’s development and financing environment.
Executive Summary
Rare opportunity for investors, builders, and developers to acquire an assemblage of three contiguous parcels in one of Richmond Hill’s most desirable locations. The site includes 174, 176, and 178 Weldrick Road (seller to retain 180 Weldrick Road following completion of approvals).
A rezoning application has been submitted permitting development of up to 12 detached residential lots or 12 triplex dwelling units. All required studies and supporting reports have been completed, positioning this property for a streamlined path forward in the current market.
Ideally situated just steps from Bathurst Street, the site benefits from proximity to community centres, retail amenities, public transit, schools, and major thoroughfares. This is a rare infill development opportunity in a highly sought-after Richmond Hill neighbourhood.
A rezoning application has been submitted permitting development of up to 12 detached residential lots or 12 triplex dwelling units. All required studies and supporting reports have been completed, positioning this property for a streamlined path forward in the current market.
Ideally situated just steps from Bathurst Street, the site benefits from proximity to community centres, retail amenities, public transit, schools, and major thoroughfares. This is a rare infill development opportunity in a highly sought-after Richmond Hill neighbourhood.
Property Facts
| Price | $5,746,504 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.98 AC |
| Price | $5,746,504 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.98 AC |
1 Lot Available
Lot
| Price | $5,746,504 USD | Lot Size | 0.98 AC |
| Price Per AC | $5,863,779.11 USD |
| Price | $5,746,504 USD |
| Price Per AC | $5,863,779.11 USD |
| Lot Size | 0.98 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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174-178 Weldrick Rd W
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