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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 3,780,000

Est. payment | -/mo

5 Beds

3 Baths

Save

$ 3,780,000

Est. payment | -/mo

Save

5 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision South Richvale

MLS Listing ID N12837654

Style Bungalow-Raised

Bedrooms 5

Annual Tax Amount $12,930

Tax Year 2025

Property Sub-Type Detached

Property Description

Discover this stunning 4-bedroom bungalow nestled on a premium lot measuring 151.79 x 200 feet, located on one of the most sought-after streets in the prestigious South Richvale area. This property presents an exceptional opportunity to create your dream mansion, with ample space for a luxurious residence. It is a rare opportunity to find a beautiful lot of over half an acre in the middle of the city. Existing Home Featuring a beautifully designed maple kitchen with a tumble marble back-splash, this home also boasts a Fully finished Walkout basement that includes a recreation room, and additional bedroom, and a spacious storage room. The garage has been thoughtfully converted into a bedroom complete with a walk-in closet, providing versatile living options. Currently, tenants are paying approximately $6,000 per month, generating an annual income of $72,000. This rental income can significantly offset your carrying costs and property taxes while you work on architectural plans and obtain building permits. The property's grading is particularly attractive, allowing for the potential of an underground garage that can accommodate up to 6 or more vehicles, utilizing the natural slope of the land. This feature offers an economical construction cost, while the walkout basement with full-height windows creates a bright and inviting space, making the basement feel like an extension of the main living areas. This is a rare opportunity to find a beautiful lot with such incredible potential.

Location

Province ON

County York

Area York

Rooms

Family Room No

Basement Partially Finished, Walk-Out

Main Level Bedrooms 2

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Water Meter, Water Heater

Cooling Central Air

Inclusions All Existing Appliances

Exterior

Parking Features Private Double, Available

Pool None

Roof Type Shingles

Lot Frontage 151.79

Lot Depth 200.0

Total Parking Spaces 8

Building

Lot Description Irregular Lot

Foundation Concrete Block

Others

Senior Community Yes

ParcelsYN No

Listed by HOMELIFE/BAYVIEW REALTY INC.

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+1(647) 493-3579

info@tonyledi.com

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69 Roosevelt DR Richmond Hill, ON L4C 6V2