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Listed 14 days ago

5 Hyde Park Drive

Doncrest, Richmond Hill

$1,399,000

Detached|2-Storey
4 | 6 | 6
About this home

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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agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,498
Lot Size53.59 ft x 120.85 ft
mls© NumberN13645590
Listed ByEXP 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.

Down payment20% · $279,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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