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Listed 8 days ago

42 Coventry Court

Crosby, Richmond Hill

$1,388,888

Detached|2-Storey
4 | 5 | 4
About this home

A rare opportunity in the heart of Downtown Richmond Hill! This stunning 2-storey home has been fully renovated from top to bottom, with approximately $700K spent on a major addition and extensive renovations completed with City permits. Located on a quiet street, this bright, open-concept, sun-filled home was gutted to the brick and completely rebuilt with exceptional attention to detail and craftsmanship. Upgrades include new drywall and insulation (including garage), exterior finishes, plumbing, electrical wiring and panel, engineered hardwood flooring, roof, windows, façade, interlock, deck and fencing. Featuring **4+3 bedrooms, including 2 primary suites, and 5 newly renovated bathrooms**. The separate-entrance basement apartment offers 3 bedrooms and is fully prepared for potential rental income. Designer features include floating stairs with glass railings, 2 luxury kitchens with quartz countertops, waterfall islands, quartz backsplashes, pot filler and 2 sets of stainless-steel appliances. Additional features include a large-slab fireplace, security system with 5 cameras, built-in speakers, smart-home features and new A/C. Truly one of a kind and rarely available in this highly desirable location. **3% commission to co-operating brokerage.**

Extras

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Got questions?

Contact Angela directly.

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
Size2000-2500 sq. ft.
Property Tax$5,716
Lot Size30.18 ft x 103.44 ft
mls© NumberN13665612
Listed ByCENTURY 21 ATRIA 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%
$7,109
Property tax
$476
Heat allowance
$150
Housing costs
$7,735 / mo

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

Down payment20% · $277,778
25-yr amortization

Income needed

$238,000

gross annual household income

Payment at 4%
$5,845 / mo
Cash down
$277,778

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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