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Price Change$799,900

56 Penwick Crescent

North Richvale, Richmond Hill

$889,900

Freehold Townhouse|2-Storey
3 | 3 | 5
About this home

Located on one of the most desirable streets in Richmond Hill, this warm and inviting home is just a short stroll to Yonge Street, offering convenient access to shopping, public transit, Hillcrest Mall, public and Catholic elementary schools, a community centre with a swimming pool, beautiful parks, scenic walking trails along the stream, and a popular dog park.Lovingly maintained and extensively renovated, the home underwent a major transformation approximately 10 years ago. Nearly every aspect of the interior and exterior was updated, including a spacious kitchen, quality flooring, smooth ceilings, interior doors, trim, finishes, and much more.This home offers three full bathrooms, providing exceptional convenience for families and guests alike.Major mechanical updates have been completed within the last three years, including the furnace, central air conditioner, and a fully owned hot water tank. The roof shingles were replaced approximately five years ago, offering added peace of mind for years to come.The bright, west-facing layout fills the home with natural afternoon and evening sunlight. From the main living area, enjoy views of the beautifully landscaped backyard featuring extensive interlocking stonework, a natural gas BBQ line, and a private patio-perfect for outdoor entertaining.The finished basement apartment with a separate entrance offers excellent potential as an in-law suite, nanny suite, or additional living space.The driveway comfortably accommodates up to five vehicles, making this home as practical as it is beautiful.This is a home that truly needs to be seen to be appreciated.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,005
Lot Size10.01 ft x 60 ft
mls© NumberN13553734
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,555
Property tax
$334
Heat allowance
$150
Housing costs
$5,039 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $177,980
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$177,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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