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Oak Ridges, Richmond Hill
$888,000
Welcome to this spectacular detached Residence set on a premium 56 x 133 ft. lot in the highly desirable Oak Ridges community, surrounded by impressive estate homes and lush natural beauty. Situated directly across from a park and trail surrounded by conservation, this exceptional property offers a rare combination of location, space, privacy and potential. The inviting main level features hardwood flooring and generous windows throughout. The impressive Family room showcases crown moulding, beautiful park views and a charming wood-burning fireplace with a built-in log storage cupboard. Enjoy family movie night or curl up with your favourite book in this spacious sun-filled room. The Kitchen and Breakfast area offers a walkout to the deck, creating an effortless connection to your private backyard. The Primary Bedroom enjoys lovely park views, while the second Bedroom overlooks the gorgeous backyard. The finished walkout Basement provides exceptional versatility with a spacious Recreation room, 4pc bathroom and Den, ideal for extended or multigenerational families. This flexible space can be leveraged as a home gym, home office, or anything that suits your needs. Outside, enjoy a sunny south-facing backyard with a concrete patio, garden shed and two gazebos - perfect for relaxing or hosting gatherings and enjoying summer BBQs. An enormous attic offers additional storage space. Builders, renovators and investors will appreciate the premium-sized lot and sought-after Oak Ridges location, offering exciting future possibilities. Furnace (2023). Located close to Yonge St., schools, parks, trails, conservation, shopping, restaurants, transit and major highways.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,116 |
| Lot Size | 56 ft x 133.08 ft |
| mls© Number | N14080866 |
| Listed By | CENTURY 21 HERITAGE GROUP 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%
- $4,545
- Property tax
- $426
- Heat allowance
- $150
- Housing costs
- $5,121 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,737 / mo
- Cash down
- $177,600
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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