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Listed 23 days ago

48 Weldrick Road W

North Richvale, Richmond Hill

$1,999,000

Detached|2-Storey
5 | 4 | 6
About this home

Located In The Heart Of Richmond Hill, This Large Detached Home Sits On A Rare, Flat Lot Just Under One Acre Offering Space, Privacy, And A Unique Opportunity For Buyers Looking To Personalize A Property To Their Own Taste. Great Opportunity for Builders and Investors looking to capitalize on future development potential! The Home Features 5 Bedrooms, Including A Convenient Main Floor Bedroom Suitable For Guests, Extended Family, Or A Home Office. The Home Welcomes You With A Spacious Foyer Featuring Original Wood Staircase Details. Generous Living And Family Rooms Provide Ample Space For Gatherings, Everyday Living, And Creating Lasting Family Memories. The Layout Is Functional And Spacious, With Generous Principal Rooms And Plenty Of Natural Light Throughout. The Fully Finished Basement Includes A Full Kitchen, Ample Living Space, And Significant Storage, Providing Flexibility For Multi-Generational Living Or Additional Useable Space.The Interior Reflects Its Original 1980s Design And Has Been Well Maintained Over The Years, Showing Clear Pride Of Ownership. There Is No Carpet Throughout The Home, Offering A clean and practical foundation for future updates.The Property Itself Is A Standout Feature-Flat, Expansive, And Just Under An Acre-Providing Plenty Of Outdoor Space For Recreation, Gardening, Or Future Plans.Conveniently Located Close To Schools, Parks, Shopping, And Major Routes, This Property Combines A Quiet Setting With Access To Everyday Amenities. A Solid Home With Strong Potential In A Well-Established Richmond Hill Neighbourhood.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$11,335
Lot Size50 ft x 415 ft
mls© NumberN13557434
Listed BySUTTON GROUP-ADMIRAL REALTY INC.

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%
$10,232
Property tax
$945
Heat allowance
$150
Housing costs
$11,326 / mo

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

Down payment20% · $399,800
25-yr amortization

Income needed

$349,000

gross annual household income

Payment at 4%
$8,412 / mo
Cash down
$399,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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