









10 Country Court
Oak Ridges, Richmond Hill
$3,188,800
ATTENTION DEVELOPERS, BUILDERS & INVESTORS! An exceptional opportunity to acquire a prime 2-acre redevelopment site in the heart of Oak Ridges, one of Richmond Hill's most desirable and established communities. Located on a quiet court within the prestigious Beaufort Hills subdivision, this unique offering consists of two existing serviced 1-acre estate lots known municipally as 9 Country Court and 10 Country Court. Each property contains an existing approximately 3,000 sq. ft. detached residence. A conceptual development plan up to 9 residential building lots through the extension of the existing road allowance, which currently terminates at the subject properties. The Sellers are selling the properties on an "as-is, where-is" basis with respect to development potential. The concept plans are for illustrative purposes only and have not received municipal approval. Purchasers must conduct their own independent due diligence and obtain all necessary approvals, permits, studies, servicing allocations, and development permissions at their sole cost and expense. As an added benefit, the Sellers are willing to lease back the existing homes and also will take back a vender talke back (VTB) while the Purchaser pursues the approval process. This is a rare opportunity to control a significant land assembly in an outstanding location backing onto town parkland, walking trails, and mature residential neighbourhoods, with convenient access to top-rated schools, transit, shopping, recreational facilities, and major transportation routes. NOTE: DO NOT WALK THE PROPERTY OR DISTURB THE HOMEOWNERS. ALL APPOINTMENTS MUST BE ARRANGED THROUGH THE LISTING BROKER.A truly exceptional redevelopment opportunity in one of the best locations Richmond Hill has to offer.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $9,892 |
| Lot Size | 0.96 ft x 0.96 ft |
| mls© Number | N13440068 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $16,322
- Property tax
- $824
- Heat allowance
- $150
- Housing costs
- $17,296 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$532,000
gross annual household income
- Payment at 4%
- $13,419 / mo
- Cash down
- $637,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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