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Listed 14 days ago

39 Oak Avenue

South Richvale, Richmond Hill

$1,772,900

Detached|Bungalow
3 | 3 | 4
About this home

Welcome to this exceptional detached bungalow located in the prestigious South Richvale community. Situated on an impressive 60 x 240 ft lot in one of the area's most desirable and mature neighbourhoods, this home offers a rare combination of spacious living, versatility, and excellent potential. Featuring a 200-amp electrical panel, an existing Tesla charging connection installed in the garage, a generous family-sized layout, a large kitchen, and an abundance of closet and storage space throughout. The finished walk-out basement features two separate basement units, each with its own separate entrance, offering excellent potential for additional rental income or extended family accommodations. Enjoy a prime location just steps to Yonge Street, with convenient access to shopping, restaurants, transit, parks, schools, and all amenities. A fantastic opportunity to own a well-positioned home on a premium-sized lot in a highly sought-after community.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,860
Lot Size60 ft x 240 ft
mls© NumberN13643840
Listed ByRE/MAX ACE REALTY INC.

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%
$9,075
Property tax
$822
Heat allowance
$150
Housing costs
$10,046 / mo

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

Down payment20% · $354,580
25-yr amortization

Income needed

$309,000

gross annual household income

Payment at 4%
$7,461 / mo
Cash down
$354,580

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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