See all 32 photos

$990,000

Est. payment - /mo

Save

4 Beds

2 Baths

New

188 Olde Bayview AVE N Richmond Hill, ON L4E 3C9

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

Kenneth Yim

ken@broadviewavenue.ca +1(416) 651-5653

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Oak Ridges Lake Wilcox

MLS Listing ID N12129452

Style Bungalow

Bedrooms 4

Annual Tax Amount $3,630

Tax Year 2024

Property Sub-Type Other

Lot Depth 150.0

Lot Front 26.0

Property Description

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!!!

Location

Province ON

County York

Community Oak Ridges Lake Wilcox

Area York

Rooms

Family Room Yes

Kitchen 1

Separate Den/Office 2

Interior

Interior Features Other

Exterior

Parking Features Private, Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Lot Frontage 26.0

Lot Depth 150.0

Total Parking Spaces 3

Building

Foundation Concrete

Listed by CENTURY 21 LANDUNION REALTY INC.

GET MORE INFORMATION

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

AFFORDABILITY CALCULATOR

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.

You can afford a home up to: $0

Your debt-to-income ratio is 36%
Quite affordable.

View Affordable Properties

Payment Breakdown：

$0 Month

Get more info from a local expert!