40-60 Harris Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Jefferson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $17,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 290 x 385 ft lot size
Description
40-60 Harris Avenue, Richmond Hill, Ontario is a unique opportunity to acquire a partially serviced 2.55-acre development site with planning approvals in-place for a 49-unit townhouse development. The Property is located in an affluent residential community just west of Yonge Street in the Jefferson neighbourhood of Richmond Hill, one of the GTA's most sought-after residential markets. Current development plans for the Site comprise 11 freehold and 38 common element condominium townhouse units across eight blocks, with an average unit size of approximately 2,419 square feet. An incoming developer will benefit from substantial servicing work completed to date, including installation of municipal services to lot lines, full grading and paving of the private internal roadway, and municipal roadway servicing along Harris Avenue.
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Property Summary
This land located at 40-60 Harris Avenue, Richmond Hill is currently for sale and has been available for 211 days. This property is listed at $17,000,000 with an estimated mortgage of $56,587* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 40-60 Harris Avenue, Richmond Hill is in the Jefferson neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Jefferson, Richmond Hill.
- •Desirable Land architecture in Jefferson, Richmond Hill
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Richmond Hill?
If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this land at 40-60 Harris Avenue, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Richmond Hill Buyer Budget & Costs
Estimated mortgage: $56,587*/month*. Estimated Ontario Land Transfer Tax: $411,475. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Richmond Hill
Frequently Asked Questions about 40-60 Harris Avenue, Richmond Hill, ON
Q.What is the asking price for 40-60 Harris Avenue, Richmond Hill, ON ?
The current listing price for 40-60 Harris Avenue, Richmond Hill, ON in Jefferson, Richmond Hill is $17,000,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 40-60 Harris Avenue, Richmond Hill, ON ?
40-60 Harris Avenue, Richmond Hill, ON is a Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Jefferson, Richmond Hill
8 assaults (33.3/100k)
10 B&E (41.7/100k)
18 thefts (75.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 40-60 Harris Avenue, Richmond Hill, ON L4E 3M2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $17,000,000 in Richmond Hill, the legal minimum down payment is $3,400,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $411,475 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $411,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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