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Price Change$1,498,000

58 Shadow Falls Drive

Jefferson, Richmond Hill

$1,289,000

Detached|Bungaloft
4 | 5 | 4
About this home

Welcome to this well-maintained home situated on a 49.21 x 109.91 ft lot, offering approximately 2,224 sq.ft. of above-grade living space in a desirable Richmond Hill community. Featuring 4 spacious bedrooms plus a loft on the upper level, this home provides a flexible layout ideal for growing families. The bright main floor includes comfortable living and dining areas, complemented by a functional kitchen designed for everyday living.The finished basement offers exceptional versatility, featuring 3 additional rooms, a full kitchen, and 2 washrooms, along with a separate entrance through the garage, making it ideal for extended family living or potential rental income. Recent upgrades include a new furnace (2025), ensuring peace of mind and energy efficiency. Additional features include security cameras, a BBQ gas line, and a backyard shed for added convenience.Conveniently located close to parks, schools, shopping, and major routes, this home presents an outstanding opportunity combining space, functionality, and income potential in one of Richmond Hill's most desirable neighbourhoods.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungaloft
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,665
Lot Size49.21 ft x 109.91 ft
mls© NumberN12967870
Listed ByCENTURY 21 THE ONE REALTY

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%
$6,598
Property tax
$639
Heat allowance
$150
Housing costs
$7,386 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $257,800
25-yr amortization

Income needed

$227,000

gross annual household income

Payment at 4%
$5,424 / mo
Cash down
$257,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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