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Lots & Land in Richmond Hill
Unit Lot C at 0 Melbourne Drive
Attention Builders and Investors! Vacant Land for sale! Design and Drawing of a 4000 Sqft detached house is available. Can be sold together with Lot A ( 1061 Elgin Mills Rd E) and Lot B (0 Melbourne Dr, Lot B). **EXTRAS** Full Legal Description: Part lot 25, concession 2 markham, parts 1 & 2, plan 65r37040 subject to an easement over part lot 25, concession 2 mkm, part 1, plan 65r37040 as in r751976 town of richmond hill
Richmond Hill land priced at $1,050,000 — book a tour to see if it fits your search.
Inside 0 Melbourne Dr #Lot C
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
0 Melbourne Dr #Lot C Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,158
/mo
based on the purchase price of $1,050,000
$210,000 cash
$840,000 financed
$707,500 total interest
Principal54%$840,000
Interest46%$707,500
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Book a tour of 0 Melbourne Dr #Lot C with a licensed buyer's agent
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other homes for sale in Richmond Hill around $1.1M.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.7%On average, homes sold below asking.
Active listings1,226Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 836 sales from Jul 28 – Oct 26, 2026 (592 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
0 Melbourne Dr #Lot C is listed at $1,050,000 (MLS® N13026584). Summitly updates the price as soon as the MLS® record changes.
Has the price of 0 Melbourne Dr #Lot C changed?
Yes — it was first listed at $1,150,000 and is now $1,050,000, a drop of $100,000 (8.7%).
How many bedrooms and bathrooms does 0 Melbourne Dr #Lot C have?
The listing for 0 Melbourne Dr #Lot C doesn't publish its bedroom and bathroom count. It is a lot in Richmond Hill.
Is 0 Melbourne Dr #Lot C close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 2.7 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 0 Melbourne Dr #Lot C?
About $5,158 a month — principal and interest on $1,050,000 with 20% down ($210,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 0 Melbourne Dr #Lot C compare with other homes in Richmond Hill?
Its asking price of $1,050,000 is about 7% below the median sold price in Richmond Hill over the last 90 days, $1,128,900, across 836 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 0 Melbourne Dr #Lot C been sold before?
Summitly has no earlier MLS® sale or lease of 0 Melbourne Dr #Lot C on record from the last two years. Older records aren't shown under TRREB rules.
Where is 0 Melbourne Dr #Lot C?
0 Melbourne Dr #Lot C is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 0 Melbourne Dr #Lot C been on the market?
189 days — 0 Melbourne Dr #Lot C was listed on April 20, 2026.
What is the lot size of 0 Melbourne Dr #Lot C?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 0 Melbourne Dr #Lot C?
About $17,475 in Ontario land transfer tax at the asking price of $1,050,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 0 Melbourne Dr #Lot C or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.