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!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow-Raised
Total Approx Floor Area:
1500-2000
Depth:
116'7½"35.5 m
Frontage:
51'2"15.6 m
Lot Shape:
Irregular
Lot Details:
52.00 x 117.00 Feet
Direction Faces:
North
Bedrooms:
4+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
8
Rooms Below Grade:
4
Rooms:
12
Ensuite Laundry:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished with Walk-Out, Separate Entrance
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
TBA
Lot Irregularities:
Slightly, Rear:51.05 West:112.95
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$6,044 /
2024
Assessment:
$- /
-
Richmond Hill
Mill Pond
York
Arts Centre, Hospital, Lake/Pond, Library, Public Transit, School
Carpet Free, Primary Bedroom - Main Floor, Auto Garage Door Remote, In-Law Capability
Hot water tank
Appliances In Main Floor & Basement, All Elf's, Gdo & Remote, Roof Shingles 2021, Backyard Shed, A/C & Furnace
Data was last updated April 19, 2025 at 03:15 PM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$1,988,000
Min list price:
$1,080,000
Max list price:
$5,398,888
Avg days on market:
38
Min days on market:
1
Max days on market:
431
These statistics are generated based on the current listing's property type
and located in
Mill Pond. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.