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New1 day ago

35 May Avenue

North Richvale, Richmond Hill

$1,599,000

Detached|Backsplit 5
4 | 3 | 6
About this home

One of a kind!! Whether you are looking to just move-in, renovate, or invest, this house is perfect! 1. Sunny South lot 50x180 ft on prestigious May Ave. 2. Almost 4000 sq ft of finished space across 5 levels. 3. Double garage and endless driveway with no sidewalk. 4. Huge backsplit with 5 levels: 4 bedrooms, 3 full bathrooms with multiple walk-outs. 5. Separate walk-up entrance to basement w/full 2nd kitchen. 6. Even sub-basement has windows and is fully finished. 7. Immaculately maintained by original owners since 1980. 8. Accessible: chair lift (can be removed) and walk-in shower next to 4th bedroom on ground level. 9. Short walk to Yonge with all the shops and transit. 10. Gardener's paradise: landscaped with flower beds, a huge vegetable garden, cantina with shelves to store your wine and preserves. 11. Two modern eat-in kitchens with chef's desks. Main kitchen has under lighting, granite counters and matching kitchen table. 12. Vacant - move-in now - and more! Granite porch, double-height foyer, vaulted ceilings, crown moldings, French doors w/beveled glass, paneled walls, hardwood, enormous granite mantel for gas fireplace, open stairs,walk-outs, walk-ups, and side doors. Yonge around the corner but built for quiet cottage life in the city.

Extras

No extras listed.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 5
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$9,311
Lot Size50 ft x 180 ft
mls© NumberN13834234
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$8,184
Property tax
$776
Heat allowance
$150
Housing costs
$9,110 / mo

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

Down payment20% · $319,800
25-yr amortization

Income needed

$280,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

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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