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Listed 24 days ago

3 Parker Avenue

Oak Ridges, Richmond Hill

$840,000

Detached|1 1/2 Storey
3 | 1 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,584
Lot Size55 ft x 127 ft
mls© NumberN13652906
Listed ByRE/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.

Down payment20% · $168,000
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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