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Oak Ridges, Richmond Hill
$1,500,000
Space, location and incredible potential come together in this beautifully maintained Oak Ridges home. Set on a generous lot on a quiet, desirable street surrounded by custom-built homes, this updated raised bungalow is much larger than it appears, offering exceptional living space plus exciting lower-level potential for multi-generational living or future income.The bright Great Room features high 12-foot ceilings, hardwood floors, gas fireplace, large windows and a walkout to the rear deck overlooking the landscaped private backyard. The updated kitchen features quartz countertops, stainless steel appliances, centre island with breakfast bar and peninsula servery adjoining the spacious dining area.The Primary Bedroom offers hardwood floors, a large walk-in closet and 4-piece ensuite with soaker tub, glass shower, granite countertops and heated floors. The second bedroom features semi-ensuite access, while the third bedroom with French doors can alternatively be used as a home office or den. Main-floor laundry provides direct garage access.The expansive lower level offers endless possibilities, with above-grade windows, an additional bedroom, full bathroom, finished recreation room and significant unfinished space. Create one or even two self-contained income-generating suites, an in-law suite or multigenerational living, or an incredible family living space. Enjoy a private landscaped backyard, double-car garage and four-car driveway. Close to Bond Lake, Lake Wilcox, parks and trails, shopping, dining, schools and transit.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,943 |
| Lot Size | 68.53 ft x 134.59 ft |
| mls© Number | N13813178 |
| Listed By | COLDWELL BANKER THE REAL ESTATE CENTRE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,678
- Property tax
- $662
- Heat allowance
- $150
- Housing costs
- $8,490 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$261,000
gross annual household income
- Payment at 4%
- $6,312 / mo
- Cash down
- $300,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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