<-- style PDP --> 97 May Avenue, Richmond Hill - Detached for sale for $2,239,800
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97 May Avenue

Richmond Hill, Ontario, L4C 3S7 - North Richvale

$2,239,800

  • Neighbourhood

    North Richvale

  • Major Intersection

    YONGE , WELDRICK

  • Listed Since: 1 day(s)

  • Last update: 1 day(s) ago

Overview

  • Property Type

    Detached, Backsplit 4

  • Bedrooms

    5 + 1

  • Bathrooms

    4

  • Basement

    Apartment

  • Kitchen

    1 + 2

  • Total Parking

    6 (2 Built-In Garage)

  • Lot Size

    75.62x148.88 (Feet)

  • Taxes

    $11,000.00 (2025)

  • Type

    Freehold

Property Description

Property description for 97 May Avenue, Richmond Hill

Extraordinary Investment Opportunity! Income Property On an oversized Lot, Discover an exceptional investment opportunity with this income property situated on a generous, oversized lot. This property offers the potential to rent out three separate units, each with their own private entrances. Unit 1: This unit features three bedrooms, a spacious living room, dining room, two modern three-piece bathrooms, and a chef's kitchen. Unit 2: Located on the mid-level, this cozy unit includes two bedrooms, a charming family room with a fireplace, three Pc bathrooms, and a well-appointed kitchen. Unit 3: In the basement, this unit offers Bedroom, 3 pc Bathroom, and a recreational space. With shared laundry facilities and separate entrance doors, convenience and privacy are prioritized. The potential income from this property is estimated between $6000 to $8,000 Additionally, the expansive lot presents an opportunity for future development, allowing you to build your dream home.

Listed by MAHZAD HOMES & ESTATES

  • MLS #

    N12606692

  • Sq. Ft

    2500-3000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Built-In, 2 spaces

  • Total Parking

    6

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Radiant

  • A/C

    Central Air

  • Water

    None

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    12.0 x 14.0 ft Flat level

    Combined W/Dining, Picture Window, hardwood floor

  • Dining

    12.0 x 14.0 ft Flat level

    Window, Combined W/Living, hardwood floor

  • Kitchen

    14.0 x 18.0 ft Flat level

    Tile Floor, B/I Appliances, Window

  • Primary

    15.0 x 17.0 ft 2nd level

    3 Pc Bath, Closet, hardwood floor

  • 2nd Br

    12.0 x 15.0 ft 2nd level

    Closet, hardwood floor, Window

  • 3rd Br

    14.0 x 11.0 ft 2nd level

    3 Pc Bath, hardwood floor, Closet

  • 4th Br

    13.0 x 11.0 ft Lower level

    Window, hardwood floor, 3 Pc Bath

  • 5th Br

    15.0 x 13.0 ft Lower level

    Closet, hardwood floor

  • Kitchen

    12.0 x 12.0 ft Lower level

    Walk-Out, Tile Floor, B/I Stove

  • Family

    16.0 x 17.0 ft Lower level

    Fireplace, Walk-Out, hardwood floor

  • Rec

    15.0 x 18.0 ft Bsmt level

    Combined W/Kitchen, 3 Pc Bath, Tile Floor

  • Br

    13.0 x 16.0 ft Bsmt level

    Closet, Tile Floor, Above Grade Window

  • MLS #

    N12606692

  • Sq. Ft

    2500-3000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Built-In, 2 spaces

  • Total Parking

    6

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Radiant

  • A/C

    Central Air

  • Water

    None

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    12.0 x 14.0 ft Flat level

    Combined W/Dining, Picture Window, hardwood floor

  • Dining

    12.0 x 14.0 ft Flat level

    Window, Combined W/Living, hardwood floor

  • Kitchen

    14.0 x 18.0 ft Flat level

    Tile Floor, B/I Appliances, Window

  • Primary

    15.0 x 17.0 ft 2nd level

    3 Pc Bath, Closet, hardwood floor

  • 2nd Br

    12.0 x 15.0 ft 2nd level

    Closet, hardwood floor, Window

  • 3rd Br

    14.0 x 11.0 ft 2nd level

    3 Pc Bath, hardwood floor, Closet

  • 4th Br

    13.0 x 11.0 ft Lower level

    Window, hardwood floor, 3 Pc Bath

  • 5th Br

    15.0 x 13.0 ft Lower level

    Closet, hardwood floor

  • Kitchen

    12.0 x 12.0 ft Lower level

    Walk-Out, Tile Floor, B/I Stove

  • Family

    16.0 x 17.0 ft Lower level

    Fireplace, Walk-Out, hardwood floor

  • Rec

    15.0 x 18.0 ft Bsmt level

    Combined W/Kitchen, 3 Pc Bath, Tile Floor

  • Br

    13.0 x 16.0 ft Bsmt level

    Closet, Tile Floor, Above Grade Window

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 97 May Avenue, Richmond Hill

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10 9 8 7 6 5 4 3 2 1 0 7 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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