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North Richvale, Richmond Hill
$1,099,000
Welcome to this bright, spacious and meticulously maintained two-storey detached home in the highly sought-after North Richvale community of Richmond Hill. Offering 3+1 bedrooms and 3 bathrooms, this inviting home is surprisingly spacious inside and a must-see! A standout feature is the finished basement with its own separate entrance and additional bedroom, offering excellent potential for an in-law suite, extended family living or future income-generating space to help offset mortgage costs. The functional kitchen opens to the dining area, creating an inviting space for family living and entertaining. Enjoy a beautiful backyard with deck, mature landscaping and cherry tree. Ideally located minutes from Yonge Street, Hillcrest Mall, Hwy 7, Hwy 407, transit, parks, restaurants and community facilities. Close to excellent schools and sought-after programs, including Alexander Mackenzie High School's Arts & IB Programs and Langstaff Secondary School's French Immersion Program. A wonderful opportunity in a quiet, family-friendly neighbourhood!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,009 |
| Lot Size | 27.1 ft x 108.8 ft |
| mls© Number | N13778488 |
| Listed By | RIGHT AT HOME 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%
- $5,625
- Property tax
- $417
- Heat allowance
- $150
- Housing costs
- $6,193 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$191,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
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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