188 19th Avenue, Richmond Hill

Price: $2,780,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13636400

An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods. Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an outstanding opportunity for builders, developers, investors, or end-users looking to create two spectacular custom estates. Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable properties of its kind. The approvals are in place, servicing is available, allowing you to move forward with confidence.The existing two-storey home is well maintained and fully rentable, providing immediate holding income while you finalize building plans or prepare for construction. Ideally located within close proximity to highly regarded schools, beautiful parks, golf courses, shopping, restaurants, public transit, and major highways, this property offers the perfect balance of luxury living, convenience, and long-term investment potential. Whether your vision is to build and sell two prestigious custom homes, create a legacy estate for generations to come, or capitalize on one of Richmond Hill's increasingly limited development opportunities, this property represents an offering that is becoming exceptionally rare. A truly remarkable opportunity where location, scale, approvals, and future value come together. Rarely does a property of this calibre become available.

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$2,780,000 - 188 19th Avenue, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: Jefferson

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13636400
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods. Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an outstanding opportunity for builders, developers, investors, or end-users looking to create two spectacular custom estates. Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable properties of its kind. The approvals are in place, servicing is available, allowing you to move forward with confidence.The existing two-storey home is well maintained and fully rentable, providing immediate holding income while you finalize building plans or prepare for construction. Ideally located within close proximity to highly regarded schools, beautiful parks, golf courses, shopping, restaurants, public transit, and major highways, this property offers the perfect balance of luxury living, convenience, and long-term investment potential. Whether your vision is to build and sell two prestigious custom homes, create a legacy estate for generations to come, or capitalize on one of Richmond Hill's increasingly limited development opportunities, this property represents an offering that is becoming exceptionally rare. A truly remarkable opportunity where location, scale, approvals, and future value come together. Rarely does a property of this calibre become available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,296.88/mo

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5-yr fixed avg.

Principal: $2,224,000Interest: $1,465,063
Mortgage Amount$2,224,000
Total Interest$1,465,063
Est. Property Tax$1,969/mo
Total Cost$3,689,063

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.

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Neighbourhood Guide: Jefferson

Discover Jefferson

Jefferson 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 Jefferson

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Jefferson 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.

70
Walk Score
Varies
Price Range

188 19th Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,969
Insurance (est.)-$579
Net Cash Flow+$1,002

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1112/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 19 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Jefferson

I know Jefferson 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.

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    188 19th Avenue, Richmond Hill | $2,780,000 | Battaglia Team