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 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. potential.
TREB #N12161197
Nov 1, 2025
Delisted
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May 21, 2025
Listed
$4,598,880
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.
CREA #1
Feb 11, 2019
Price Changed
$2,699,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Single Family Residential
Region
York Region
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Last updated by owner on Aug 9, 2023.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: York Region
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.5km
Charles Howitt Public School
Public, JK-8 • Assigned
3.4km
Alexander MacKenzie High School
Public, 9-12 • Assigned
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Lifestyle
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