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Lots & Land in Richmond Hill
About 267 Old Sixteenth Avenue
Discover an exceptional opportunity to own a prime piece of land in the sought-after Richmond Hill area, located at Bayview Ave and 16th Ave. This expansive lot boasts a generous size of 62.5 FT x 220 FT, offering endless possibilities for your dream project. Situated in a highly desirable neighborhood, this property is just moments away from top-rated schools, beautiful parks, shopping centers, and convenient access to Hwy 404.With its ideal location and proximity to all essential amenities, this vacant land is perfect for building your custom home or investment property. Buyers will have the opportunity to conduct their due diligence to explore the full potential of this remarkable lot. Don't miss out on this rare chance to create something truly special in Richmond Hill.
Richmond Hill land priced at $1,380,000 — book a tour to see if it fits your search.
Inside 267 Old Sixteenth Ave
Every detail from the listing, in one place.
Type
Land
Lot size
62.50 x 220.00 Feet
Features & systems
Parking & garage
Garage
Yes
Lot & land
Lot dimensions
62.50 x 220.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
267 Old Sixteenth 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® N9254768$1,380,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 267 Old Sixteenth 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
$6,780
/mo
based on the purchase price of $1,380,000
$276,000 cash
$1,104,000 financed
$929,858 total interest
Principal54%$1,104,000
Interest46%$929,858
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.
For homeowners nearby
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Zara · AI virtual agent
Ask about 267 Old Sixteenth 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.
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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 $1.4M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.6%On average, homes sold below asking.
Active listings1,160Homes for sale here right now.
Median vs prior 90 days+3.6%Compared with May 7 – Aug 5, 2026: prices up.
Based on 809 sales from Aug 5 – Nov 3, 2026 (625 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
267 Old Sixteenth Ave is listed at $1,380,000 (MLS® N9254768). Summitly updates the price as soon as the MLS® record changes.
Has the price of 267 Old Sixteenth Ave changed?
No — 267 Old Sixteenth Ave is still listed at its original asking price of $1,380,000.
How many bedrooms and bathrooms does 267 Old Sixteenth Ave have?
The listing for 267 Old Sixteenth Ave doesn't publish its bedroom and bathroom count. It is a lot in Richmond Hill.
Is 267 Old Sixteenth Ave close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 2.4 km in a straight line. Langstaff GO Station is about 2.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 267 Old Sixteenth Ave?
About $6,780 a month — principal and interest on $1,380,000 with 20% down ($276,000), 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 267 Old Sixteenth Ave compare with other homes in Richmond Hill?
Its asking price of $1,380,000 is about 21% above the median sold price in Richmond Hill over the last 90 days, $1,140,000, across 809 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 267 Old Sixteenth Ave been sold before?
Summitly has no earlier MLS® sale or lease of 267 Old Sixteenth Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 267 Old Sixteenth Ave?
267 Old Sixteenth Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 267 Old Sixteenth Ave been on the market?
811 days — 267 Old Sixteenth Ave was listed on August 14, 2024.
Does 267 Old Sixteenth Ave have parking or a garage?
Garage: Yes.
What is the lot size of 267 Old Sixteenth Ave?
The lot measures 62.50 × 220.00 Feet (50 acres), as published in the listing.
What is the land transfer tax on 267 Old Sixteenth Ave?
About $24,075 in Ontario land transfer tax at the asking price of $1,380,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
