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 $6000 to $8,000 Additionally, the expansive lot presents an opportunity for future development, allowing you to build your dream home.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Backsplit 4
Total Approx Floor Area:
2500-3000
Lot Depth:
148'10½"45.4 m
Lot Frontage:
75'7½"23 m
Lot Shape:
Rectangular
Direction Faces:
South
Bedrooms:
5+1
Bathrooms:
4.0
Water supply:
None
Kitchens:
3
Kitchens in Basement:
2
Bedrooms Above Grade:
5
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
10
Rooms Below Grade:
3
Zoning:
Residential
Heating type:
Radiant
Heating Fuel:
Electric
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace Features:
Other
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
2.0
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
Yes
Lot Irregularities:
pool size lot
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Development Charges Paid:
Unknown
Taxes:
$11,000 /
2025
Assessment:
$- /
2025
York
Richmond Hill
North Richvale
Water Heater Owned, Floor Drain
N/A
All Existing Appliances. Don't miss out on this remarkable investment opportunity.
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Listed by MAHZAD HOMES & ESTATES
Data was last updated December 6, 2025 at 06:15 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$2,219,400
Min list price:
$1,075,000
Max list price:
$3,980,000
Avg days on market:
64
Min days on market:
0
Max days on market:
429
These statistics are generated based on the current listing's property type
and located in
North Richvale. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.