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North Richvale, Richmond Hill
$1,688,000
This custom-built 4+1 bedroom, 4 bathroom home has been renovated and updated, and sits on a premium lot in central Richmond Hill fronting onto a park. Main Floor Flooring, Kitchen, Bathrooms(Upgrade: 2024). Features include a covered front entry porch, double door entry leading to a grand foyer with a spectacular circular staircase, hardwood throughout, an oversized double garage with garage door opener and direct access to the home, 2 fireplaces, and 2 walk-outs to a cement patio with unobstructed views. The fully finished basement offers a separate entrance, a full kitchen, one bedroom, a full bathroom, wet bar, and its own laundry area, ideal for extended family or strong rental income potential. Conveniently located within walking distance to Yonge Street, banks, plazas, schools, parks, and the community centre. sold as is where is.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $9,434 |
| Lot Size | 60.64 ft x 125.97 ft |
| mls© Number | N13638790 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $8,640
- Property tax
- $786
- Heat allowance
- $150
- Housing costs
- $9,576 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$295,000
gross annual household income
- Payment at 4%
- $7,103 / mo
- Cash down
- $337,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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