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Mehdi Teimouri

Sales Representative
Right At Home Realty, Brokerage Independently owned and operated. 1550 16 ave, Richmond Hill , Ontario L4b 3k9 Cell: 647-989-2641Office: 905-695-7888Fax: 905-695-0900

Available - For Sale
Listing ID: N7279028
97 May Ave , Richmond Hill, L4C 3S7, Ontario
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Extraordinary Investment Opportunity! Income Property On an oversized Lot, Discover an exceptional investment opportunity with this income property situated on a generous, oversized lot. This property offers the potential to rent out three separate units, each with their own private entrances. Unit 1: This unit features three bedrooms, a spacious living room, dining room, two modern three-piece bathrooms, and a chef's kitchen. Unit 2: Located on the mid-level, this cozy unit includes two bedrooms, a charming family room with a fireplace, three Pc bathrooms, and a well-appointed kitchen. Unit 3: In the basement, this unit offers Bedroom, 3 pc Bathroom, and a recreational space. With shared laundry facilities and separate entrance doors, convenience and privacy are prioritized. The potential income from this property is estimated between $8000 to $10,000 Additionally, the expansive lot presents an opportunity for future development, allowing you to build your dream home.
Extras:   All Existing Appliances. Don't miss out on this remarkable investment opportunity.
Price $2,788,800
Taxes: $8021.00
Assessment Year: 2023
Address: 97 May Ave , Richmond Hill, L4C 3S7, Ontario
Lot Size: 75.62 x 148.88 (Feet)
Directions/Cross Streets: Yonge , Weldrick
Rooms: 10
Rooms +: 3
Bedrooms: 5
Bedrooms +: 1
Kitchens: 1
Kitchens +: 2
Family Room: Y
Basement: Apartment
Property Type: Detached
Style: Backsplit 4
Exterior: Brick
Garage Type: Built-In
(Parking/)Drive: Private
Drive Parking Spaces: 6
Pool: None
Fireplace/Stove: Y
Heat Source: Electric
Heat Type: Radiant
Central Air Conditioning: Central Air
Laundry Level: Lower
Sewers: Sewers
Water: None
Utilities-Hydro: Y
Utilities-Telephone: Y
$ /Year
$ /Year
$ /Year
$ /Year
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Mehdi Teimouri
Sales Representative
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At a Glance:
Type: Freehold - Detached
Area: York
Municipality: Richmond Hill
Neighbourhood: North Richvale
Style: Backsplit 4
Lot Size: 75.62 x 148.88(Feet)
Approximate Age:
Tax: $8,021
Maintenance Fee: $0
Beds: 5+1
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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