$1
$1
Detached116 Weldrick Road, Richmond Hill, ON
393 DAYSon market
5+3Bedrooms
6Bathrooms
2Garage
2500-3000Sq Ft







































1 / 39
Listed by RE/MAX REALTRON REALTY INC.
Listed by RE/MAX REALTRON REALTY INC.
Property Highlights
Garage
2 spaces
Property Tax
$8,750/yr
Lot Size
11,375 sqft
Style
Backsplit 3
Basement
Finished, Separate Entr.
Monthly Cost
$729/mo
About This Home
A prime development and investment opportunity in the heart of Richmond Hill, just two minutes from Yonge Street. This high-potential redevelopment site must be purchased with 114 Weldrick Ave(there is option to be purchased separately as well), offering possibilities for town home development or severance into 3-4 lots. Great potential of generating rental income permonth.this property provides a strong turnkey investment while planning for future development.Fully renovated two-story back-split is thoughtfully designed with multiple units, each featuring modern finishes & private entrances. The main level offers three bedrooms and three bathrooms, including a primary suite with double walk-in closet and 3-piece ensuite. The updated kitchen boasts quartz countertops, stainless steel appliances, and an open-concep tlayout, seamlessly connecting to the bright living and dining areas, complete with pot lights throughout. The back-split unit features a walkout to a private backyard, a spacious living room with a fireplace, a full kitchen with laundry, and two bedrooms with a five-piece bathroom. The finished basement further enhances the property's value with three separate in-law suites, including one in lower level and two in the basement, each with its own private entrance to the outside. The first suite includes one bedroom, a three-piece bathroom, a wet bar, a full kitchen, and a living area with pot lights throughout. The second suite features two bedrooms, a three-piece bathroom, a full kitchen, and a spacious living area, providing ideal space for extended family or tenants. Situated in a high-demand neighborhood, just minutes from public transit, major highways, shopping, restaurants, and top-rated schools, thisproperty presents incredible potential for investors, builders, and developers.Whether you're looking to Live, Redevelop, Potential to Generate income, or hold for future appreciation, this is an unmatched opportunity in a rapidly growing community.
Monthly Cost
Monthly Mortgage$0
Property Tax ($8,750/yr)$729
Total$729
Price & Listing History
Schools
Location
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Rooms
Main Level
Living Room: 8.12m × 3.96m
Kitchen: 6.20m × 3.59m
Breakfast: 6.20m × 3.59m
Dining Room: 8.12m × 3.96m
Upper Level
Primary Bedroom: 4.92m × 3.74m
Bedroom 3: 3.31m × 3.08m
Bedroom 2: 4.45m × 3.75m
Lower Level
Bedroom: 3.92m × 3.24m
Kitchen: 3.57m × 3.13m
Bedroom: 3.25m × 3.19m
Dining Room: 3.57m × 3.13m
Living Room: 3.57m × 3.05m
Main Level
Living Room: 8.12m × 3.96m
Kitchen: 6.20m × 3.59m
Breakfast: 6.20m × 3.59m
Dining Room: 8.12m × 3.96m
Upper Level
Primary Bedroom: 4.92m × 3.74m
Bedroom 3: 3.31m × 3.08m
Bedroom 2: 4.45m × 3.75m
Lower Level
Bedroom: 3.92m × 3.24m
Kitchen: 3.57m × 3.13m
Bedroom: 3.25m × 3.19m
Dining Room: 3.57m × 3.13m
Living Room: 3.57m × 3.05m
