This 5-bedroom, 3-bathroom detached in Richmond Hill is available for your consideration. The property has lot dimensions of 151.79 x 200.00 Feet (Side 307 Ft, See Survey Attached), cross street Yonge North Of Hwy 7. The home features gas heating, central air, a partially finished, walk-out basement, a fireplace.
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.
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| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 3, 2026 | Listed For Sale | N12837654 | $4,180,000 | — |
| Nov 1, 2025 | Expired | N12161197 | $4,598,880 | — |
| May 21, 2025 | Listed For Sale | N12161197 | $4,598,880 | — |
| — | Price Changed | N12837654 | $3,780,000 | ▼ $400,000 (9.6%) |
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Listed by HOMELIFE/BAYVIEW REALTY INC.
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Listing represented by HOMELIFE/BAYVIEW REALTY INC. · MLS# N12837654
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.