11631 Leslie Street, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N13569330
About this home
In short
- Client RemarksPrime Land Opportunity !An exceptional opportunity to secure a premium parcel of land in one of Richmond Hill's most rapidly transforming and highly...
- Strategically positioned at Leslie Street & 19th Avenue, this expansive ~25,000 sq.ft. lot presents outstanding potential for redevelopment, investment, or the...
- Whether envisioning a bespoke luxury residence , the value here lies firmly in the land and its long-term growth trajectory. Adding to its development appeal...
Client Remarks*Prime Land Opportunity !An exceptional opportunity to secure a premium parcel of land in one of Richmond Hill's most rapidly transforming and highly sought-after corridors. Strategically positioned at Leslie Street & 19th Avenue, this expansive ~25,000 sq.ft. lot presents outstanding potential for redevelopment, investment, or the construction of a custom luxury estate. *Surrounded by a wave of **multi-million dollar custom homes** and **newly built townhome communities directly across the street**, this location is undergoing significant urban evolution-making it an ideal acquisition for forward-thinking investors and end-users alike. *The property offers exceptional **future upside**, with strong land appreciation driven by ongoing residential intensification along the Leslie corridor. Whether envisioning a **bespoke luxury residence** , the value here lies firmly in the land and its long-term growth trajectory. *Adding to its development appeal, **municipal water and gas services are available at the street**, providing a clear pathway for future connection and modernization of infrastructure-an important advantage for builders and developers seeking efficiency and cost predictability.* Nestled within a prestigious and evolving enclave, this property offers:* Proximity to top-ranked schools, parks, and amenities* Easy access to major transit routes and Highway 404* A balance of estate-style living with urban convenience* Strong demand from luxury home buyers and developers.*This is a rare chance to acquire a **high-potential land holding in Richmond Hill**, where supply is limited and redevelopment opportunities are increasingly scarce.**Invest, build, or land bank-11631 Leslie Street represents location, scale, and future value in one compelling offering.*the City's Accessory Residential Unit (ARU) By-law 143-24, , does permits one ARU within a single detached dwelling in the ORMCO zone.*
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13569330
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 100 × 250 ft
- Cross streets
- Leslie & 19th Ave
- Parking
- 1 garage · 5 parking (detached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Other
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $7,603 / 2026
- Days on market
- 96
- Listing brokerage
- RE/MAX CROSSROADS REALTY INC.
Rooms
Hardwood Floor
Hardwood Floor
hardwood floor · fireplace
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Rural Richmond Hill, Richmond Hill, ON
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Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,264,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,989
- Property tax
- $634
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,622
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,075
- Estimated closing costs
- $28,075
Plus your down payment of $316,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $419,332
- Principal paid down
- $154,437
- Interest paid
- $264,895
- Balance remaining
- $1,109,563
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSROADS REALTY INC.. MLS®/PropTx.