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New4 days ago

2 Hughes Street

Oak Ridges, Richmond Hill

$999,999

Detached|Bungalow
3 | 2 | 11
About this home

Exceptional investment and development opportunity in the highly desirable Oak Ridges community! Situated on a premium 73.50 x 100 ft lot, this property offers tremendous potential and is strategically positioned within an area experiencing significant growth and redevelopment. An ideal opportunity for investors, builders, or end-users looking to capitalize on future development in a prime location. The home features a separate entrance to a recently renovated basement, offering excellent income potential, along with two full laundry setups for added convenience. Well-maintained and functional, it provides both immediate usability and long-term upside. Located just minutes to Yonge Street and Highway 404, with easy access to shopping, top-rated schools, public transit, and all essential amenities. EXTRAS: 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, Dishwasher, Microwave.

Extras

No extras listed.

Visit this home

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No upcoming open houses.

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
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,953
Lot Size73.5 ft x 100 ft
mls© NumberN13626438
Listed ByRE/MAX EXCEL REALTY LTD.

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%
$5,118
Property tax
$413
Heat allowance
$150
Housing costs
$5,681 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

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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Comparable sales

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