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Listed 7 days ago

75 Stockdale Crescent

North Richvale, Richmond Hill

$2,300,000

Detached|Sidesplit 4
4 | 3 | 6
About this home

Rare 61' x 356' Lot in the Heart of Richmond Hill! An exceptional opportunity for renovators, builders, investors, or end users looking to create something truly unique. This extra-deep, south-facing backyard offers tremendous potential for renovation, custom home construction, redevelopment, or future expansion, subject to applicable approvals. Located in one of Richmond Hill's established core communities and surrounded by multi-million-dollar custom homes, this property provides an excellent opportunity to build a substantial estate or unlock the full potential of the lot. Enjoy close proximity to Hillcrest Mall, Rutherford Marketplace, T&T, Longo's, H-Mart, Mackenzie Health Hospital, top-rated schools including St. Theresa of Lisieux Catholic High School and Alexander Mackenzie High School, as well as multiple golf clubs. With convenient access to Hwy 7, Hwy 400 and Hwy 407, this property combines an exceptional lot with a highly desirable Richmond Hill location. A rare opportunity to secure an oversized lot with endless possibilities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit 4
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$10,847
Lot Size61 ft x 356 ft
mls© NumberN13815678
Listed ByREN/TEX REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,772
Property tax
$904
Heat allowance
$150
Housing costs
$12,826 / mo

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

Down payment20% · $460,000
25-yr amortization

Income needed

$395,000

gross annual household income

Payment at 4%
$9,679 / mo
Cash down
$460,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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