Rare investment opportunity in South Richvale Richmond Hill, This spacious detached backsplit 5 bungalow offers 3 self-contained units, each with its own private entrance, kitchen, and laundry. Perfect for investors, multi-generational families, or developers. Property Features: Unit 1 (Upper Floor):4 bedrooms, family room, and living room bright and spacious. Unit 2 (Middle Floor): 2-bedroom unit with finished walk-out to the backyard. Unit 3 (Lower Floor): 2-bedroom unit with full kitchen and laundry. Lot Size: 55 ft x 241 ft huge lot with endless possibilities. Great for investors looking for strong rental income, developers seeking a premium lot , or end users wanting space and flexibility . Steps to Yonge Street, Hillcrest Mall, top shopping centers, and high-ranking schools. Close to transit, parks, and all amenities. Don't miss this incredible opportunity.
Address
71 Spruce Avenue
List Price
$2,050,000
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Backsplit 5
Transaction Type
For Sale
Area
Richmond Hill
Sub-Area
South Richvale
Region
York
Bedrooms
4 + 4
Bedrooms (Total)
8
Rooms Above Grade
13
Bathrooms
6
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
241.5
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
55
Parcel Number
031080143
Occupant Type
Tenant
Cross Street
Yonge Street & 16th Avenue
MLS® Number
N12363275
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Basement Area
Apartment, Separate Entrance
Postal Code
L4C 6V9
Posession Details
60-90 Days
Parking Places (Total)
8
Parking Spaces
6
Tax Amount
$6,571.39
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Stone
Direction Faces
South
Fireplace
Yes
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
1
Kitchens Below Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 190 PL 1960 VAUGHAN; PT LT 191 PL 1960 VAUGHAN AS IN R385371 TOWN OF RICHMOND HILL
Waterfront
No
Waterfront
None
Sewer
Sewer