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$2,099,900

Est. payment - /mo

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5 Beds

1 Bath

Active

121 May AVE Richmond Hill, ON L4C 3S7

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Todd Kaufman

todd@toddk.ca +1(647) 230-2068

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision North Richvale

MLS Listing ID N12040660

Style Bungalow

Bedrooms 5

Annual Tax Amount $6,174

Tax Year 2024

Property Sub-Type Detached

Property Description

An exclusive investment opportunity in the prestigious North Richvale community! This property sits on a premium 67 ft wide lot, offering unparalleled potential for builders, developers, and investors. While the previously approved permit for a 4,000 sq. ft. home with a 4-car garage has expired, it serves as an invaluable reference for future development, buyers will need to reapply. The existing detached bungalow is move-in ready, boasting a spacious open layout, hardwood floors, crown molding, and a cozy wood-burning fireplace. A finished 2-bedroom basement apartment with a separate entrance provides excellent rental income potential. Ideally situated near top-tier amenities, including public transit, lush parks, premier shopping centres, and fine dining, this prime real estate is surrounded by multi-million-dollar estates, making it a rare and lucrative investment in a high-demand neighbourhood . Nearby Top-Rated Schools: Charles Howitt Public School (1.5 km), St. Anne Catholic Elementary School (1.3 km), Ross Doan Public School (2.0 km), Richmond Hill High School (3.5 km), Alexander Mackenzie High School (2.8 km), Langstaff Secondary School (4.2 km), St. Theresa of Lisieux Catholic High School (4.5) km), St. Marguerite d'Youville Catholic Elementary School (3.8 km).

Location

Province ON

County York

Community North Richvale

Area York

Zoning To be determined

Rooms

Basement Apartment, Separate Entrance

Kitchen 2

Interior

Interior Features None

Cooling Central Air

Fireplaces Type Wood

Inclusions FEATURES & INCLUSIONS Extras: 2 Fridges, 2 Stoves, Washer & Dryer, Existing Light Fixtures, Window Coverings, Wood Fireplace, Central Air System, Auto Garage Door Opener & Remotes, Long Driveway. Permit & Drawings: Previously approved for a 4, 000 sq. ft. home with a 4-car garage (Permit now expired; buyer must reapply)

Exterior

Parking Features Attached

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 10

Building

Foundation Concrete

Lited by HOMELIFE/MIRACLE REALTY LTD

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Phone

+1(647) 230-2068

todd@toddk.ca

Address

114 Ontario St, Collingwood, ON, L9Y 1M3, CAN