97 May Avenue
North Richvale, Richmond Hill, L4C 3S7
FOR SALE
$2,239,800

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5 + 1
BEDROOMS4
BATHROOMS1 + 2
KITCHENS10 + 3
ROOMSN12606692
MLSIDContact Us
Property Description
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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2022-02-09 | 2022-03-10 | 29 | $2,299,900 | $2,100,000 |
| 2016-11-02 | 2016-11-15 | 13 | $1,898,000 | $1,830,000 |
| 2015-08-26 | 2015-09-25 | 30 | $1,550,000 | $1,500,000 |
| 2015-04-20 | 2015-05-25 | 35 | $1,475,000 | $1,425,000 |
Nearby Intersections
Property Features
Water Heater Owned, Floor Drain, Private, Other
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Property Details
Address
97 May Avenue
Community
City
Postal Code
L4C 3S7
Property Type
Detached, Detached
Zoning
Residential
Lot Size
76' x 149'
Acreage
11,258.0 Feet
Taxes
$11,000 (2025
Basement
Apartment
Heat Type
Radiant
Heat Source
Electric
Parking Spaces
6
Garage Type
Built-In
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Listing contracted with Mahzad Homes & Estates
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