$990,000Asking Price
188 Olde Bayview Avenue, Richmond Hill, ON L4E 3C9
Oak Ridges Lake Wilcox, Richmond Hill
Unique 4 bedroom 2 washroom Lakeside house with profitable rental income! If you are looking for profitable investment property or STARTER home, this is the RIGHT one for you! around 7.2% cap rate for short stay income or live+$2k per month income to cover your mortgage!! You've Searched the Heart-Stopping One of a kind Morden Home Lake side Cottage Bungalow House, 3 structures on the land, bringing the property owner with GREAT CASH INCOME POTENTIAL, Great Airbnb Site, or your City Retreat Site, Nature Lover's Paradise. Turn-Key to generate income for you. Total 2+2 bedrooms, 2 washrooms, 2 separate professionally landscaped yards, available to accommodates 2 families at the same time or up to 10 people per night on the whole property. Projected airbnb income around $100K+ Annually for Whole Property. Two bunkies comes with 2 Bed rooms + 1 living space + private access/backyard/3 Pcs bathroom which is available accommodates up to 4 people ; Front house + 2 Bedrooms + private large front yard/3 pcs bathroom/Full kitchen which is available accommodates up to 6 people. 3 Cars Driveway Parking Lot, 1 wilcox lakeside residential parking permit allow parking on front street / Wilcox lake parks for free which only available for limited local properties around the lake. 1 additional street free parking permit available. Large Front yard potential turning to 5 car parking. Recent renovated the Second washroom with separate entrance available for the bunkies users. Top school in the Neighbourhood, Step to the Sunset Beach, Oak Ridges Community Centre & Pool, Lake Wilcox Park. Easy access to Highway 404 Gormley/Bloomington Go Station. Front house Reno List attached. Fully upgraded in past 3 years, Skylights in Living Room with Cathedral Ceiling brings full of sunlight make its unique feature. Pot Lights and Smart Light Switches Through Out; Professional Landscaped backyard; All unique features above has Made This Home One of the Best in the Neighbourhood!!!
Unique 4 bedroom 2 washroom Lakeside house with profitable rental income! If you are looking for profitable investment property or STARTER home, this is the RIGHT one for you! around 7.2% cap rate for short stay income or live+$2k per month income to cover your mortgage!! You've Searched the Heart-Stopping One of a kind Morden Home Lake side Cottage Bungalow House, 3 structures on the land, bringing the property owner with GREAT CASH INCOME POTENTIAL, Great Airbnb Site, or your City Retreat Site, Nature Lover's Paradise. Turn-Key to generate income for you. Total 2+2 bedrooms, 2 washrooms, 2 separate professionally landscaped yards, available to accommodates 2 families at the same time or up to 10 people per night on the whole property. Projected airbnb income around $100K+ Annually for Whole Property. Two bunkies comes with 2 Bed rooms + 1 living space + private access/backyard/3 Pcs bathroom which is available accommodates up to 4 people ; Front house + 2 Bedrooms + private large front yard/3 pcs bathroom/Full kitchen which is available accommodates up to 6 people. 3 Cars Driveway Parking Lot, 1 wilcox lakeside residential parking permit allow parking on front street / Wilcox lake parks for free which only available for limited local properties around the lake. 1 additional street free parking permit available. Large Front yard potential turning to 5 car parking. Recent renovated the Second washroom with separate entrance available for the bunkies users. Top school in the Neighbourhood, Step to the Sunset Beach, Oak Ridges Community Centre & Pool, Lake Wilcox Park. Easy access to Highway 404 Gormley/Bloomington Go Station. Front house Reno List attached. Fully upgraded in past 3 years, Skylights in Living Room with Cathedral Ceiling brings full of sunlight make its unique feature. Pot Lights and Smart Light Switches Through Out; Professional Landscaped backyard; All unique features above has Made This Home One of the Best in the Neighbourhood!!!
See MoreKey Info
- Bungalow Other
- 3-Car Driveway
- No Garage
- Olde bayview
- 1100-1500 Approximate Sq Feet
- 1 Kitchen
Property
- Lot Size 26 x 150 Feet
- Wood Exterior
- Taxes were $3,630 in 2024
- Possession: 30 days
Details
- Family Room
- Sewers
- Municipal Water
- MLS #N12129452
- CENTURY 21 LANDUNION REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Bathroom | Ground | 7.58' x 39.96' | |
| 2 | Laundry | Ground | 5.84' x 6.43' | |
| 3 | Kitchen | Ground | 12.76' x 6.76' | |
| 4 | Foyer | Ground | 4.33' x 6.50' | |
| 5 | Bathroom | Ground | 13.12' x 16.40' | |
 | 1 3-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom on Ground Floor | |||
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Who lives here?
Oak Ridges Lake Wilcox, Richmond Hill is a north GTA neighbourhood notable for its executives, business and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from China, and Russian speakers. Residents tend to be younger with a significant number of kids aged 5 to 14 and adults aged 30 to 54.
Families
Kids Per Family
1.4
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
35%
of residents are
single and loving it.
35% singles
Richmond Hill (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
13%
of residents
are renters.
13% renters
Richmond Hill (19%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
50%
of residents are
university grads.
50% university grads
Richmond Hill (54%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$160K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 13% |
| Sciences | 9% |
| Management | 9% |
| Government | 8% |
Immigrants
54%
of residents were
born outside of Canada.
54% immigrants
Richmond Hill (59%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
14.2% from China
All-time
Birthplace - Recent
4.2% from China
Recent
Foreign Languages
Foreign Languages
| Mandarin | 13% |
| Cantonese | 10% |
| Persian | 9% |
| Russian | 5% |
| Italian | 3% |
Religions
Religions
| Christian | 50% |
| Muslim | 11% |
| Jewish | 4% |
| Hindu | 2% |
| Buddhist | 2% |
