$3,188,800 - 10 Country Court, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Oak Ridges
- MLS Number
- N13440068
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
ATTENTION DEVELOPERS, BUILDERS & INVESTORS! An exceptional opportunity to acquire a prime 2-acre redevelopment site in the heart of Oak Ridges, one of Richmond Hill's most desirable and established communities. Located on a quiet court within the prestigious Beaufort Hills subdivision, this unique offering consists of two existing serviced 1-acre estate lots known municipally as 9 Country Court and 10 Country Court. Each property contains an existing approximately 3,000 sq. ft. detached residence. A conceptual development plan up to 9 residential building lots through the extension of the existing road allowance, which currently terminates at the subject properties. The Sellers are selling the properties on an "as-is, where-is" basis with respect to development potential. The concept plans are for illustrative purposes only and have not received municipal approval. Purchasers must conduct their own independent due diligence and obtain all necessary approvals, permits, studies, servicing allocations, and development permissions at their sole cost and expense. As an added benefit, the Sellers are willing to lease back the existing homes and also will take back a vender talke back (VTB) while the Purchaser pursues the approval process. This is a rare opportunity to control a significant land assembly in an outstanding location backing onto town parkland, walking trails, and mature residential neighbourhoods, with convenient access to top-rated schools, transit, shopping, recreational facilities, and major transportation routes. NOTE: DO NOT WALK THE PROPERTY OR DISTURB THE HOMEOWNERS. ALL APPOINTMENTS MUST BE ARRANGED THROUGH THE LISTING BROKER.A truly exceptional redevelopment opportunity in one of the best locations Richmond Hill has to offer.
Estimate your monthly payments for this property
Estimated Payment
$14,105.14/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Oak Ridges
Oak Ridges is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Oak Ridges
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Oak Ridges offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Country Court, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $4555/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Oak Ridges
I know Oak Ridges well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $13,287 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.