4
See all 4 photos
$4,598,880
Est. payment /mo
5 Beds
2 Baths
New
69 Roosevelt DR Richmond Hill, ON L4C 6V2
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision South Richvale
MLS Listing ID N12161197
Style Bungalow-Raised
Bedrooms 5
Annual Tax Amount $9,800
Tax Year 2024
Property Sub-Type Detached
Property Description
Discover this stunning 4-bedroom bungalow nestled on a premium lot measuring 151.79 x 200 feet, located on one of the most sought-after streets in the prestigious South Richvale area. This property presents an exceptional opportunity to create your dream mansion, with ample space for a luxurious residence. It is a rare opportunity to find a beautiful lot of over half an acre in the middle of the city. Existing Home Featuring a beautifully designed maple kitchen with a tumble marble back-splash, this home also boasts a Fully finished Walkout basement that includes a recreation room, and additional bedroom, and a spacious storage room. The garage has been thoughtfully converted into a bedroom complete with a walk-in closet, providing versatile living options. Currently, tenants are paying approximately $6,000 per month, generating an annual income of $72,000. This rental income can significantly offset your carrying costs and property taxes while you work on architectural plans and obtain building permits. The property's grading is particularly attractive, allowing for the potential of an underground garage that can accommodate up to 6 or more vehicles, utilizing the natural slope of the land. This feature offers an economical construction cost, while the walkout basement with full-height windows creates a bright and inviting space, making the basement feel like an extension of the main living areas. This is a rare opportunity to find a beautiful lot with such incredible potential.
Location
Province ON
County York
Community South Richvale
Area York
Rooms
Family Room No
Basement Partially Finished, Walk-Out
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Water Meter, Water Heater
Heating Yes
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private Double, Available
Pool None
Roof Type Shingles
Lot Frontage 151.79
Lot Depth 200.0
Total Parking Spaces 8
Building
Lot Description Irregular Lot
Unit Features Park,Public Transit,School
Foundation Concrete Block
Listed by BARSAM PROFESSIONALS REAL ESTATE BROKERAGE LTD.
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