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.*
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $2,257 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 11631 Leslie St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
11631 Leslie St 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
$7,762
/mo
based on the purchase price of $1,580,000
$316,000 cash
$1,264,000 financed
$1,064,620 total interest
Principal54%$1,264,000
Interest46%$1,064,620
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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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 4–5 bed homes for sale in Richmond Hill around $1.6M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,197Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 837 sales from Jul 15 – Oct 13, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
11631 Leslie St is listed at $1,580,000 (MLS® N13569330). Summitly updates the price as soon as the MLS® record changes.
Is $1,580,000 a good price for 11631 Leslie St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 11631 Leslie St changed?
Yes — it was first listed at $1,690,000 and is now $1,580,000, a drop of $110,000 (6.5%).
How many bedrooms and bathrooms does 11631 Leslie St have?
11631 Leslie St has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Richmond Hill.
Is 11631 Leslie St close to transit?
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 2.4 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 11631 Leslie St?
About $7,762 a month — principal and interest on $1,580,000 with 20% down ($316,000), 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 11631 Leslie St compare with other homes in Richmond Hill?
Its asking price of $1,580,000 is about 39% above the median sold price in Richmond Hill over the last 90 days, $1,135,000, across 837 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 11631 Leslie St been sold before?
Summitly has no earlier MLS® sale or lease of 11631 Leslie St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 11631 Leslie St?
11631 Leslie St is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 11631 Leslie St been on the market?
90 days — 11631 Leslie St was listed on July 15, 2026.
What is the price per square foot of 11631 Leslie St?
About $1,436 to $2,257 per square foot: the asking price of $1,580,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 11631 Leslie St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.