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Listed 10 days ago

46 Fergus Avenue

Oak Ridges Lake Wilcox, Richmond Hill

$948,000

Detached|Bungalow
1 | 1 | 4
About this home

Attention Builders, Investors & End Users! Exceptional opportunity in the highly sought-after Lake Wilcox community of Oak Ridges! Situated on a private, mature lot approximately 150 ft. deep, this charming and bright detached bungalow is tucked away on a quiet cul-de-sac and surrounded by impressive newer custom homes. Featuring a rear extension/addition, spacious kitchen, large eat-in dining area and walkout to a private backyard. Excellent opportunity to live in, renovate, invest, or explore the potential to build a new custom home of approximately 3,600 sq.ft. plus basement, subject to municipal approvals and applicable zoning requirements. Just a short walk to beautiful Lake Wilcox, parks and trails, with convenient access to Bayview Ave, Hwy 404, schools and amenities. With significant redevelopment taking place throughout the neighbourhood, this is a rare opportunity to secure a deep lot in one of Richmond Hill's most desirable communities. Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building potential, lot coverage and development possibilities.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,715
Lot Size30 ft x 150 ft
mls© NumberN13703458
Listed ByCENTURY 21 PERCY FULTON 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%
$4,852
Property tax
$310
Heat allowance
$150
Housing costs
$5,312 / mo

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

Down payment20% · $189,600
25-yr amortization

Income needed

$163,000

gross annual household income

Payment at 4%
$3,989 / mo
Cash down
$189,600

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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