$2,398,000Asking Price
An exceptional investment opportunity in a prime Richmond Hill location, this solid brick home features four fully self-contained units each with its own kitchen, bathroom, and laundry offering great rental income potential. Can be developed into commercial space opportunity from a Daycare to Dental office or any other type of similar business that can use the property to operate in. The main unit is perfect for owner occupancy, while the remaining three can be rented out. Situated on a large lot with a spacious backyard and ample driveway parking, the property is zoned residential with potential for future commercial use or redevelopment. Meticulously maintained and in excellent condition, this versatile property offers incredible long-term value.
An exceptional investment opportunity in a prime Richmond Hill location, this solid brick home features four fully self-contained units each with its own kitchen, bathroom, and laundry offering great rental income potential. Can be developed into commercial space opportunity from a Daycare to Dental office or any other type of similar business that can use the property to operate in. The main unit is perfect for owner occupancy, while the remaining three can be rented out. Situated on a large lot with a spacious backyard and ample driveway parking, the property is zoned residential with potential for future commercial use or redevelopment. Meticulously maintained and in excellent condition, this versatile property offers incredible long-term value.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 5-Piece Bathroom | ||||
1 4-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom | ||||
1 4-Piece Bathroom |
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North Richvale, Richmond Hill is a north GTA neighbourhood notable for its singles, salespeople and tradespeople. It has a higher than average population of recent immigrants from Iran and those from Iran, and Italian, Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 74.
Kids Per Family
1.1
kids per family
in the neighbourhood.
41%
of residents are
single and loving it.
41% singles
Richmond Hill (39%)
15%
of residents
are renters.
15% renters
Richmond Hill (19%)
49%
of residents are
university grads.
49% university grads
Richmond Hill (54%)Average Household Income
$128K
is the average household
income in the neighbourhood.
Professions
Sales | 13% |
Business | 11% |
Sciences | 8% |
Management | 8% |
Trades | 7% |
58%
of residents were
born outside of Canada.
58% immigrants
Richmond Hill (59%)15.0% from Iran
All-time
6.4% from Iran
Recent
Foreign Languages
Persian | 15% |
Russian | 9% |
Italian | 5% |
Mandarin | 4% |
Cantonese | 4% |
Religions
Christian | 59% |
Muslim | 9% |
Jewish | 9% |
Buddhist | 2% |
Hindu | 1% |