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Oak Ridges, Richmond Hill
$2,799,000
This 4,500 sq.ft. custom built home is on a large .576 acre treed lot measuring 79.76 ft., frontage & 315.29 ft., in depth (giving you a future rear lot potential. Ask your broker for more info.) The 1,500 sq.ft. basement is completely finished including your own professional theatre with 7 leather seats. This will give you 6,000 sq.ft., of living space with 21 rooms. The yard features a 36 ft. x 30 ft. brick building which is being used for a workshop/garage with a 100 amp service, Town water & sewers, forced air gas heating & bathroom. The building could easily be converted into a guest house if required. The previous owner of this home was a major home builder & built this home for his own use. He spared no expense on building materials & upgrades. The home features granite flooring from the two storey high front entrance foyer, through the hallways and into the two kitchens. The kitchens feature high end Wolf appliances, sub zero fridge, & freezer, granite counter tops & more. The huge breakfast area & formal dining room with marble floors is large enough for any large family & guests. The home features crown moulding & pot lights throughout, 2 high efficiency gas furnaces, 400 amp. Electrical service & over sized 1" water main, designer water facet sets throughout & more. Recent upgrade is an entire new roof done in 2022. Possible VTB mortgage from seller to be negotiated. The Town of Richmond Hill has started to upgrade the street & will be installing sidewalks & filling in ditches. The work is underway at the west end of Maple Grove Avenue.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 3500-5000 sq. ft. |
| Property Tax | $15,123 |
| Lot Size | 79.76 ft x 315.29 ft |
| mls© Number | N13527218 |
| Listed By | RE/MAX WEST REALTY INC. |
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%
- $14,327
- Property tax
- $1,260
- Heat allowance
- $150
- Housing costs
- $15,737 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$484,000
gross annual household income
- Payment at 4%
- $11,779 / mo
- Cash down
- $559,800
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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