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Richmond Hill,ON L4C 4K6
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Mill Pond
MLS Listing ID N12080181
Style Bungalow-Raised
Bedrooms 4
Annual Tax Amount $6,044
Tax Year 2024
Property Sub-Type Detached
Property Description
Welcome to this rare raised bungalow on a premium lot in a prime location just steps to Yonge St, shopping, dining, and public transit! Nestled in the highly sought-after Mill Pond community, this home delivers the perfect blend of lifestyle, convenience, and exceptional investment potential. Featuring recent renovations that bring a modern and stylish touch throughout, this home offers spacious and flexible living. The main floor includes 4 well-appointed bedrooms, highlighted by a private 3-piece ensuite in the primary for added comfort and privacy. The walkout basement is currently set up as a 2-bedroom apartment with a separate entrance, private laundry, and is generating $2,400/month in rental income. But the potential doesn't stop there the basement layout allows for the creation of two separate rental units, providing a significant opportunity to maximize income. Adding even more value, the premium lot offers the possibility to build a garden suite or additional dwelling unit in the backyard, thanks to new city zoning allowances unlocking even more earning potential. Whether you're an investor looking for significant positive cash flow, a multi-generational family, or a homeowner wanting to live stylishly while earning income, this property checks all the boxes. Additional upgrades include a new garage door, updated front entrance, and modern finishes throughout. Don't miss this chance to secure a versatile, income-generating home in one of the most desirable neighborhoods!
Location
Province ON
County York
Community Mill Pond
Area York
Rooms
Family Room No
Basement Finished with Walk-Out,Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Carpet Free,Primary Bedroom - Main Floor,Auto Garage Door Remote,In-Law Capability
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 51.18
Lot Depth 116.62
Total Parking Spaces 5
Building
Unit Features Arts Centre,Hospital,Lake/Pond,Library,Public Transit,School
Foundation Concrete