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North Richvale
97 MAY AVENUE
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97 MAY AVENUE $2,239,800
6 days ago
$2,239,800
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97 MAY AVENUE
Richmond Hill (North Richvale), Ontario L4C3S7

MLS® Number: N12606692
5 + 1
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

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. (41774969)

Location Description

Cross Streets: YONGE , WELDRICK. ** Directions: May Ave and Yonge.

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
2500 - 3000 sqft
Community Name
North Richvale
Title
Freehold
Land Size
75.6 x 148.9 FT ; pool size lot
Annual Property Taxes
$11,000
Parking Type
Garage
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater
Flooring
Hardwood, Tile
Basement Features
Apartment in basement
Building Features
Foundation Type
Block
Style
Detached
Split Level Style
Backsplit
Building Amenities
Fireplace(s)
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Radiant heat (Electric)
Utilities
Utility Type
Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Garage
Total Parking Spaces
6

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Second level
Primary Bedroom
Bedroom 2
Bedroom 3
Basement
Recreational, Games room
Bedroom
Flat
Living room
Dining room
Kitchen
Lower level
Bedroom 4
Bedroom 5
Kitchen
Family room

Land

Lot Features
Frontage
75 ft ,7 in
Land Depth
148 ft ,10 in
Other Property Information
Zoning Description
Residential
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416-829-6366
REALTOR® Website
Email
MAHZAD HOMES & ESTATES
Brokerage
8601 JANE ST UNIT 2
CONCORD, Ontario L4K5N9
416-829-6366
Office Website
NEMO SHAVANDI
Broker of Record
416-829-6366
Email
MAHZAD HOMES & ESTATES
Brokerage
416-829-6366
Office Website

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