Buy this land together with next door 162 Weldrick Ave (or purchase separately) and secure an impressive combined frontage of over 200 ft x 323.6 ft-ideal for severing into 5-6 lots, selling individually, building luxury custom homes, or exploring a townhome development. This rare assemblage creates an exceptional opportunity in a prime Richmond Hill pocket, only two minutes from Yonge Street.The existing beautifully renovated back-split offers strong immediate income while planning future redevelopment. Featuring an outdoor swimming pool and multiple self-contained units with private entrances, this property is perfectly designed for high rental returns. The main level includes 2 bedrooms, 1 bathroom, and an open-concept kitchen. The lower level offers a spacious 2-bedroom suite with walk-out to a private yard and pool, full kitchen, laundry, 3-piece bath, and a cozy fireplace-ideal for extended family or rental income.Exceptional Development, Investment & End-User Opportunity-perfect for builders seeking scale, investors planning redevelopment, or families wanting to live now and build their dream home later. Surrounded by top-ranked schools, parks, shopping, restaurants, GO Transit, and major highways, this location offers unmatched convenience and long-term value. A truly unique chance to secure high-potential land in one of Richmond Hill's most desirable neighbourhoods.
166 WELDRICK Road
North Richvale, Richmond Hill, York $1Make an offer
4 Beds
2 Baths
1100-1500 sqft
Built-In
Garage
Parking for 6
North Facing
Pool!
Zoning: R2
- MLS®#:
- N12661272
- Property Type:
- Detached
- Property Style:
- Backsplit 4
- Area:
- York
- Community:
- North Richvale
- Taxes:
- $10,149 / 2025
- Added:
- January 01 2026
- Lot Frontage:
- 67.5
- Lot Depth:
- 323.25
- Status:
- Active
- Outside:
- Brick
- Year Built:
- Basement:
- Crawl Space,Finished with Walk-Out
- Brokerage:
- RE/MAX REALTRON REALTY INC.
- Lot :
-
323
67
BIG LOT
- Lot Irregularities:
- 52.27 ft x 15.60 ftx 320.93x 67.54 x 321
- Intersection:
- Yonge/Weldrick
- Rooms:
- Bedrooms:
- 4
- Bathrooms:
- 2
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
| Kitchen | 3.5 x 7.5m Laminate , Backsplash Main Level |
|---|---|
| Family Room | 3.2 x 4.95m Broadloom , Window Main Level |
| Primary Bedroom | 3.2 x 3.2m Broadloom , Closet Main Level |
| Bedroom 2 | 2.7 x 3.6m Broadloom , Closet Main Level |
| Family Room | 4.75 x 6.2m Hardwood Floor , Fireplace Lower Level |
| Bedroom 3 | 3.65 x 3m Hardwood Floor , Closet Lower Level |
| Bedroom 4 | 3.9 x 5.85m Lower Level |
| Office | 2.6 x 3.6m Hardwood Floor , Window Lower Level |
| Kitchen | 2.7 x 6.2m Laminate , Backsplash Lower Level |
Listing Details
Insights
- High Development Potential: The property can be combined with the adjacent lot to create over 200 ft of frontage, allowing for the possibility of severing into 5-6 lots for luxury custom homes or townhome development, making it a lucrative investment opportunity.
- Strong Rental Income: The existing renovated back-split features multiple self-contained units, providing immediate rental income potential while planning for future redevelopment.
- Prime Location: Situated in a desirable Richmond Hill neighborhood, the property is close to top-ranked schools, parks, shopping, and major transit routes, ensuring long-term value and convenience for residents.
Sale/Lease History of 166 WELDRICK Road
View all past sales, leases, and listings of the property at 166 WELDRICK Road.Neighborhood Overview
Complete neighborhood profile for 166 WELDRICK Road
North Richvale home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in North Richvale
Insights for 166 WELDRICK Road
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
