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New2 days ago

56 Birch Avenue

South Richvale, Richmond Hill

$1,788,000

Detached|2-Storey
5 | 5 | 6
About this home

Incredible & rare opportunity in the prestigious South Richvale community! This mature custom-built 2-storey home sits on a premium 52 x 204 ft lot on a quiet dead-end street, offering exceptional privacy and future potential. Over 3,700 sq ft above grade space with an additional 2,000 sq ft finished basement space, 1+2 kitchens 4+2 bedrooms 3+2 bathrooms, 3 separate laundry rooms, 3 separate entrances plus garage access to home. Main floor - kitchen with walk-out to backyard, living room & dining room, family room, 3pc bathroom and laundry room. Addition on main floor - kitchen, bedroom, 4pc bathroom, plus lower level recreation room/above grade windows, with laundry room. Separate furnace in addition. Second floor - 4 bedrooms, ensuite bathroom off primary bedroom, plus 3pc bathroom. Basement - above grade windows, kitchen, large recreation room, 1 bedroom and 4pc bathroom with laundry room. Oversize cantina with shelving. Whether you're looking for a spacious multi-family home to live in while planning your future dream home, or looking for a solid income property, this home offers incredible flexibility and investment potential $$$. Located on a highly sought-after street surrounded by multi-million dollar custom homes-yours could be next. Steps to shopping, transit, highways, GO, schools, places of faith, libraries, community centres, pools!

Extras

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Open houses

  • Sat, Sep 19

    2:00 PM – 4:00 PM

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$11,608
Lot Size52.08 ft x 204.56 ft
mls© NumberN13786918
Listed ByRIGHT 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%
$9,152
Property tax
$967
Heat allowance
$150
Housing costs
$10,269 / mo

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

Down payment20% · $357,600
25-yr amortization

Income needed

$316,000

gross annual household income

Payment at 4%
$7,524 / mo
Cash down
$357,600

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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