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Doncrest, Richmond Hill
$1,399,000
Rare Opportunity! Exceptional Income Potential With Two Self-Contained Basement Apartments (Fully Walk-Out!) Earning Approximately $4,000/Month. Welcome To 5 Hyde Park Dr, A Spacious Home With Excellent Layout Featuring 4+4 Bedrooms And 6 Bathrooms In Richmond Hill's Desirable Doncrest Community. Ideally Located Near Bayview Ave, Hwy 7, Parks, Schools, Public Transit, Shopping, Restaurants And Community Amenities. Set On A Generous 53.59 X 120.85 Ft Lot, This Well-Appointed Home Offers Approximately 4,200 Sq Ft Of Total Living Space, Including Approximately 2,662 Sq Ft Above Grade Plus A Finished Walk-Out Basement With Two Self-Contained Basement Apartments. The Main Floor Features A Welcoming Foyer, Elegant Living And Dining Rooms With Hardwood Floors, Bay Window And Crown Moulding, A Family Room With Fireplace And Pot Lights, Plus A Gourmet Kitchen With Granite Counters, Ceramic Flooring, Breakfast Area And Walk-Out To The Deck. Upstairs Offers 4 Spacious Bedrooms, Including A Primary Bedroom With 4-Piece Ensuite And Walk-In Closet, Plus Additional Bedrooms With Generous Closets And Large Windows. The Finished Basement Expands The Living Space With Multiple Recreation Areas, Bedrooms, 2 Kitchens, 2 Washrooms And Walk-Out Access To The Yard, Providing Excellent Flexibility For Extended Family Or Multi-Generational Living. Enjoy The Enclosed Porch, Deck, Fenced Backyard, Garden Space, Mature Trees, Patio Area And Backyard Shed. A Rare Opportunity In A High-Demand Location With Exceptional Space, Versatile Layout And Strong Long-Term Potential.***Some Listing Photos, Including Front Exterior Images, Have Been Virtually Staged With Digitally Added Elements For Illustration Purposes. The Property May Appear Different In Person.***
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,498 |
| Lot Size | 53.59 ft x 120.85 ft |
| mls© Number | N13645590 |
| Listed By | EXP 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%
- $7,161
- Property tax
- $708
- Heat allowance
- $150
- Housing costs
- $8,019 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$247,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
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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