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New1 day ago

299 Palmer Avenue

Harding, Richmond Hill

$1,238,800

Detached|Bungalow
3 | 3 | 7
About this home

Beautifully renovated bungalow in a highly desirable neighborhood! The main floor features 3 spacious bedrooms and a sun-filled living room with a large picture window, offering exceptional natural light and a warm, inviting atmosphere. Elegant hardwood floors run throughout, complemented by a modern white kitchen with stainless steel appliances, quartz countertops, tile flooring, and a stylish backsplash-perfect for everyday living and entertaining .Enjoy a newly updated bathroom, smooth ceilings, and pot lights that enhance the bright, open feel of the home. Step outside to a private backyard featuring a huge new deck, ideal for relaxing or hosting gatherings. Extra-long private driveway with ample parking, perfect for multiple vehicles and added convenience. Fully renovated basement with excellent income potential! Featuring 3 bedrooms and 2 full bathrooms, the basement is thoughtfully designed and can be configured into two separate units with a shared kitchen. Complete with a separate entrance, this space is ideal for generating rental income or accommodating extended family. Located in the top-ranking Bayview Secondary School zone and just a short walk to Richmond Hill GO Station, offering both convenience and strong long-term value. Additional upgrades include a brand new driveway, deck, and fence with wrought iron gates. Perfect for end-users and investors alike-don't miss this exceptional opportunity! Window(2026), insulation (2022)

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,653
Lot Size50 ft x 105 ft
mls© NumberN13711344
Listed ByJOYNET REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,341
Property tax
$471
Heat allowance
$150
Housing costs
$6,962 / mo

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

Down payment20% · $247,760
25-yr amortization

Income needed

$214,000

gross annual household income

Payment at 4%
$5,213 / mo
Cash down
$247,760

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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