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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE YOUR COMMUNITY REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | York |
Municipality: | Richmond Hill |
Neighbourhood: | North Richvale |
Style: | Backsplit 4 |
Lot Size: | 75.62 x 148.88(Feet) |
Tax: | $8,021 |
Beds: | 5+1 |
Baths: | 4 |
Fireplace: | Y |
Pool: | None |