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$4,710,000
Available - For Sale
Listing ID: N11980487
116 Weldrick Road West , Richmond Hill, L4C 3V1, York


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.
Price $4,710,000
Taxes: $8750.00
Occupancy: Owner
Address: 116 Weldrick Road West , Richmond Hill, L4C 3V1, York
Directions/Cross Streets: WELDRICK RD W & KERSEY CRES
Rooms: 12
Rooms +: 9
Bedrooms: 5
Bedrooms +: 3
Family Room: F
Basement: Finished, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 26.63 12.99 Combined w/Dining, Large Window, Pot Lights
Room 2 Main Dining Ro 26.63 12.99 Combined w/Living, Pot Lights, Window
Room 3 Main Kitchen 20.34 11.78 Eat-in Kitchen, Pot Lights, W/O To Deck
Room 4 Main Breakfast 20.34 11.78 Combined w/Kitchen, Pot Lights, Laminate
Room 5 Upper Primary B 16.14 12.27 4 Pc Ensuite, Walk-In Closet(s), Pot Lights
Room 6 Upper Bedroom 2 14.6 12.3 Pot Lights, Window, Closet
Room 7 Upper Bedroom 3 10.86 10.1 Pot Lights, Window, Closet
Room 8 Lower Living Ro 11.71 10 Combined w/Dining, Pot Lights, Fireplace
Room 9 Lower Dining Ro 11.71 10.27 Combined w/Kitchen, Pot Lights, Open Concept
Room 10 Lower Kitchen 11.71 10.27 Stainless Steel Appl, W/O To Yard, Pot Lights
Room 11 Lower Bedroom 12.86 10.63 Closet, Pot Lights, Large Window
Room 12 Lower Bedroom 10.66 10.46 Pot Lights, Laminate
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Upper
Washroom Type 3 3 Basement
Washroom Type 4 5 Lower
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Backsplit 3
Exterior: Brick
Garage Type: Built-In
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
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At a Glance:
Type: Freehold - Detached
Area: York
Municipality: Richmond Hill
Neighbourhood: North Richvale
Style: Backsplit 3
Lot Size: x 175.00(Feet)
Approximate Age:
Tax: $8,750
Maintenance Fee: $0
Beds: 5+3
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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