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Oak Ridges, Richmond Hill
$840,000
Welcome to 3 Parker Ave., an exceptional opportunity in the highly sought-after Oak Ridges community of Richmond Hill. Situated on a premium 55 ft x 127 ft lot and surrounded by stunning custom-built luxury homes, this property offers incredible potential for builders, investors, renovators, or those looking to create their dream home in one of the area's most desirable neighbourhoods. Whether you choose to renovate the existing home, build new, or hold as an investment possibilities are endless in this rapidly growing community. Enjoy an unbeatable location just minutes from beautiful Lake Wilcox, the state of the art Oak Ridges Community Centre, scenic parks, walking trails, and recreational facilities. Families will appreciate the proximity to top -rated schools, while commuters benefit from convenient access to Yonge Street, King Road, Highway 404, Go Transit, and York Region Transit. Shopping, restaurants, and everyday amenities are all just moments away, making this an ideal location for today's lifestyle. Opportunities like this are becoming incresingly rare. Secure a premium lot in one of Richmond Hill's most prestigious and envolving neighbourhoods, where luxury redevelopment continues to transform the streetscape and enchance long-term value. Property and chattels and fixtures are being sold in "As Is, Where Is" condition with no representations or warranties provided by sellers. Room measurements can be found in the attachments and photos.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,584 |
| Lot Size | 55 ft x 127 ft |
| mls© Number | N13652906 |
| Listed By | RE/MAX PREMIER 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%
- $4,300
- Property tax
- $382
- Heat allowance
- $150
- Housing costs
- $4,832 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,535 / mo
- Cash down
- $168,000
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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