45-51 Prince Arthur Ave is a land in Richmond Hill, listed for $3,980,000.
1With Extensive Planning, Lot Severance, Zoning Compliance And Minor Variance Approvals Undertaken.
2Ideally Situated Near Bathurst Street & King Road, Surrounded By Beautiful Custom Homes And Close To Schools, Parks, Golf Courses, Shopping, Transit And Major Highways.
3Architectural Drawings, Site Plans, Surveys And Supporting Approval Documents Available For Review.
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Lots & Land in Richmond Hill
About 45-51 Prince Arthur Avenue
***Attention builders, developers & investors!*** Discover An Exceptional Residential Development Opportunity In The Prestigious Oak Ridges Community Of Richmond Hill! Located At 45 & 51 Prince Arthur Avenue, This Impressive Approx. 300 x 100 Ft Site Features A City-Approved 9-Home Development, Including 4 Semi-Detached And 5 Detached Residences. With Extensive Planning, Lot Severance, Zoning Compliance And Minor Variance Approvals Undertaken. Municipal Servicing And Sanitary Connections Reported Available, with Water Allocation Reported To Be In Place, With Road Construction And Municipal Service Connections To Be Completed As Part Of Future Development. Ideally Situated Near Bathurst Street & King Road, Surrounded By Beautiful Custom Homes And Close To Schools, Parks, Golf Courses, Shopping, Transit And Major Highways. Architectural Drawings, Site Plans, Surveys And Supporting Approval Documents Available For Review. A Rare Investment Opportunity With Outstanding Development Potential In One Of Richmond Hill's Most Desirable Communities. Don't Miss Out!***
Richmond Hill land priced at $3,980,000 — book a tour to see if it fits your search.
Inside 45-51 Prince Arthur 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
45-51 Prince Arthur 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® N14116134$3,980,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 45-51 Prince Arthur 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
$19,553
/mo
based on the purchase price of $3,980,000
$796,000 cash
$3,184,000 financed
$2,681,764 total interest
Principal54%$3,184,000
Interest46%$2,681,764
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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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 $4.0M.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.7%On average, homes sold below asking.
Active listings1,215Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 821 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.
45-51 Prince Arthur Ave is listed at $3,980,000 (MLS® N14116134). Summitly updates the price as soon as the MLS® record changes.
Has the price of 45-51 Prince Arthur Ave changed?
No — 45-51 Prince Arthur Ave is still listed at its original asking price of $3,980,000.
How many bedrooms and bathrooms does 45-51 Prince Arthur Ave have?
The listing for 45-51 Prince Arthur Ave doesn't publish its bedroom and bathroom count. It is a lot in Richmond Hill.
Is 45-51 Prince Arthur Ave close to transit?
The nearest rapid-transit station is King City GO Station (Barrie GO), about 4.5 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 45-51 Prince Arthur Ave?
About $19,553 a month — principal and interest on $3,980,000 with 20% down ($796,000), 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 45-51 Prince Arthur Ave compare with other homes in Richmond Hill?
Its asking price of $3,980,000 is about 254% above the median sold price in Richmond Hill over the last 90 days, $1,124,990, across 821 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 45-51 Prince Arthur Ave been sold before?
Summitly has no earlier MLS® sale or lease of 45-51 Prince Arthur Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 45-51 Prince Arthur Ave?
45-51 Prince Arthur Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 45-51 Prince Arthur Ave been on the market?
45-51 Prince Arthur Ave was listed today (October 26, 2026).
What is the land transfer tax on 45-51 Prince Arthur Ave?
About $85,975 in Ontario land transfer tax at the asking price of $3,980,000. 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 45-51 Prince Arthur 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 45-51 Prince Arthur Ave?
The listing for 45-51 Prince Arthur 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.
