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230 Rumble Avenue

230 Rumble Avenue

Richmond Hill, ON

  • Vacant Land
  • 1 days on market
$999,000

RARE MILL POND DEVELOPMENT OPPORTUNITY WITH OVER 100 FT OF FRONTAGE! DEMOLITION AND BUILDING PERMITS ARE READY - READY TO START BUILDING! A unique opportunity for builders, investors and end-users to acquire a ready-to-go custom home project in sought-after Mill Pond. Significant architectural, engineering and permit-related work has already been completed for a new 2-storey custom residence of approximately 3,000 sq. ft. above grade, plus a full basement. Extensive plans and supporting documentation are available for review. For buyers looking for an investment opportunity, this is an excellent corner lot for a potential four-unit residential development. The property is already zoned N2, allowing for up to four residential units, subject to applicable zoning and building requirements. This can significantly reduce the time, cost and uncertainty typically associated with pursuing a rezoning. City correspondence confirms the property is outside the TRCA-regulated area, is not subject to site plan approval, and a zoning-compliant proposal may proceed directly to building permit application. Existing dwelling has sustained fire damage, is uninhabitable, and no entry into the structure is permitted. Property is being sold AS-IS, WHERE-IS for its land and redevelopment value. Located in sought-after Mill Pond, close to parks, schools, Yonge Street, shopping, restaurants, transit and community amenities. A rare opportunity to capitalize on years of completed planning, permits and approvals - proceed with the permitted custom home or explore the property's multi-unit development potential.

Listing Details

Taxes (2026)
$6,180
Listed
September 15, 2026

Price History

Listing history

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Property

Lot Size
100.67 x 72.67 Feet

Parking

Covered Spaces
0

Location & Legal

Cross Street
Yonge St/Major Mackenzie Dr
Parcel Number
031670026
Possession
Immediate
Occupancy
Vacant

Schools

Elementary

  • St Mary Immaculate Catholic Elementary School0.4 km

    Catholic · York CDSB · 320 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 72% met the provincial standard

  • O M MacKillop Public School0.5 km

    Public · York Region DSB · 245 students

    Grade 3 reading: 59% met the provincial standard · Grade 6 math: 35% met the provincial standard

  • École élémentaire Norval-Morrisseau0.7 km

    French public · CS Viamonde · 65 students

Secondary

  • École secondaire Norval-Morrisseau0.7 km

    French public · CS Viamonde · 85 students

  • Alexander MacKenzie High School1 km

    Public · York Region DSB · 1415 students

    Grade 10 literacy: 91% met the provincial standard

  • St Theresa of Lisieux Catholic High School2.2 km

    Catholic · York CDSB · 1590 students

    Grade 10 literacy: 97% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L4C

Population
74,636
Private dwellings
30,129
Median age
46
Average household size
2.6
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Richmond Hill · last 12 months

Median sold price
$1,120,000
Homes sold
1,983
Median days on market
24
Sale-to-list price
98.4%

Based on 1,983 recorded sales of residential freehold properties in Richmond Hill over the last 12 months.

Listed by

KELLER WILLIAMS EMPOWERED REALTY

Walk Score

57

Walk

47

Transit

48

Bike

Scores by Walk Score®

Mortgage Calculator

$199,800

Estimated Monthly Payment

$4,908

Land transfer tax

Estimated land transfer tax$16,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,908/mo (20% down, 5.5%)

Taxes: $515/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

R

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