



68 Elm Grove Avenue
Oak Ridges, Richmond Hill
$1,568,900
Welcome to 68 Elm Grove Avenue, Richmond Hill, located in the prestigious community of Oak Ridges. Set on a stunning 50 x 200+ ft mature lot, this exceptional property is surrounded by magnificent custom-built multi-million-dollar homes, making it an outstanding opportunity for builders, investors, or end users. The beautifully treed lot offers privacy, character, and the perfect setting to design and build your dream luxury home. Ideally situated just steps from Yonge Street, you'll enjoy convenient access to shopping, restaurants, parks, transit, and every essential amenity. Families will appreciate the close proximity to some of the area's most sought-after private schools, including Country Day School, Villanova College, and several other prestigious educational institutions. Whether you're looking to create your forever home, secure a long-term investment, or develop a luxury custom residence in one of Richmond Hill's most desirable neighbourhoods, 68 Elm Grove Avenue presents a rare opportunity you won't want to miss.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,617 |
| Lot Size | 50.09 ft x 204.16 ft |
| mls© Number | N13558562 |
| Listed By | REMAX YOUR COMMUNITY 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%
- $8,030
- Property tax
- $468
- Heat allowance
- $150
- Housing costs
- $8,648 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$266,000
gross annual household income
- Payment at 4%
- $6,602 / mo
- Cash down
- $313,780
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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