
83 Moray Avenue
Oak Ridges Lake Wilcox, Richmond Hill
$1,199,000
Discover the possibilities at 83 Moray Avenue, situated on a generous 50 x 150 ft lot in the established Oak Ridges Lake Wilcox community. This detached two-storey home offers spacious principal rooms, a sunroom, mature trees and a large backyard, presenting an opportunity for buyers looking to renovate and create a home that reflects their own vision. Currently tenanted and requiring updates and renovations, the property also offers potential for investors seeking an opportunity in a desirable Richmond Hill neighbourhood. Enjoy convenient access to Lake Wilcox, scenic nature trails, parks, recreational facilities, schools, shopping and transit. Whether you're looking to renovate for personal use or explore its investment potential, this property offers plenty of possibilities in an established community. Photos are from a previous listing and may not reflect the property's current condition.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,771 |
| Lot Size | 50.07 ft x 150.31 ft |
| mls© Number | N14031360 |
| Listed By | RE/MAX EXPERTS |
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%
- $6,137
- Property tax
- $481
- Heat allowance
- $150
- Housing costs
- $6,768 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$208,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
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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