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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
Kitchen 2
Interior
Heating Yes
Cooling Central Air
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete