230 Rumble Ave is a land in Richmond Hill, listed for $999,000.
1A unique opportunity for builders, investors and end-users to acquire a ready-to-go custom home project in sought-after Mill Pond.
2Significant 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.
3Extensive plans and supporting documentation are available for review.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Richmond Hill
About 230 Rumble Avenue
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.
Richmond Hill land priced at $999,000 — book a tour to see if it fits your search.
Inside 230 Rumble Ave
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
230 Rumble Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13786258$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 230 Rumble Ave Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$4,908
/mo
based on the purchase price of $999,000
$199,800 cash
$799,200 financed
$673,136 total interest
Principal54%$799,200
Interest46%$673,136
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Rumble Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 230 Rumble Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 230 Rumble Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
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 $999K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,165Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with May 13 – Aug 11, 2026: prices up.
Based on 789 sales from Aug 11 – Nov 9, 2026 (637 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
230 Rumble Ave is listed at $999,000 (MLS® N13786258). Summitly updates the price as soon as the MLS® record changes.
Has the price of 230 Rumble Ave changed?
No — 230 Rumble Ave is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 230 Rumble Ave have?
The listing for 230 Rumble Ave doesn't publish its bedroom and bathroom count. It is a lot in Richmond Hill.
Is 230 Rumble Ave close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 1.9 km (about a 24-minute walk) in a straight line. Langstaff GO Station is about 5.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 230 Rumble Ave?
About $4,908 a month — principal and interest on $999,000 with 20% down ($199,800), 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 230 Rumble Ave compare with other homes in Richmond Hill?
Its asking price of $999,000 is about 12% below the median sold price in Richmond Hill over the last 90 days, $1,135,000, across 789 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 230 Rumble Ave been sold before?
Summitly has no earlier MLS® sale or lease of 230 Rumble Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 230 Rumble Ave?
230 Rumble Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 230 Rumble Ave been on the market?
55 days — 230 Rumble Ave was listed on September 15, 2026.
What is the land transfer tax on 230 Rumble Ave?
About $16,455 in Ontario land transfer tax at the asking price of $999,000. 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 230 Rumble Ave 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.
What is the property tax for 230 Rumble Ave?
The listing for 230 Rumble Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Richmond Hill.
