97 May Ave

LocationNorth Richvale, Richmond Hill, L4C 3S7
$2.24M For Sale
Property Images
Property Images

Description

Extraordinary Investment Opportunity! Income Property On an oversized Lot, Discover an exceptional investment opportunity with this income property situated on a generous, oversized lot. This property offers the potential to rent out three separate units, each with their own private entrances. Unit 1: This unit features three bedrooms, a spacious living room, dining room, two modern three-piece bathrooms, and a chef's kitchen. Unit 2: Located on the mid-level, this cozy unit includes two bedrooms, a charming family room with a fireplace, three Pc bathrooms, and a well-appointed kitchen. Unit 3: In the basement, this unit offers Bedroom, 3 pc Bathroom, and a recreational space. With shared laundry facilities and separate entrance doors, convenience and privacy are prioritized. The potential income from this property is estimated between $6000 to $8,000 Additionally, the expansive lot presents an opportunity for future development, allowing you to build your dream home.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 5
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 75.62 x 148.88 Feet
  • Lot Depth
    Space: 2500-3000
  • Tax Amount
    Tax: $ 11000.00
  • MLS
    N12606692
  • Listing contracted with: MAHZAD HOMES & ESTATES
Room Size(M) Description
Living Rm12.00x14.00

Combined w/Dining, Picture Window, Hardwood Floor

Dining Rm12.00x14.00

Window, Combined w/Living, Hardwood Floor

Kitchen14.00x18.00

Tile Floor, B/I Appliances, Window

Primary B15.00x17.00

3 Pc Bath, Closet, Hardwood Floor

2nd Br12.00x15.00

Closet, Hardwood Floor, Window

3rd Br14.00x11.00

3 Pc Bath, Hardwood Floor, Closet

4th Br13.00x11.00

Window, Hardwood Floor, 3 Pc Bath

5th Br15.00x13.00

Closet, Hardwood Floor

Kitchen12.00x12.00

Walk-Out, Tile Floor, B/I Stove

Family Rm16.00x17.00

Fireplace, Walk-Out, Hardwood Floor

Recreatio15.00x18.00

Combined w/Kitchen, 3 Pc Bath, Tile Floor

Br13.00x16.00

Closet, Tile Floor, Above Grade Window



Bathroom Pieces Level
1xBath3 pcs

Flat

1xBath3 pcs

Ground

1xBath3 pcs

Lower

1xBath3 pcs

Basement



Property Summary

Located close to the intersection of YONGE , WELDRICK, 97 May Ave is a 5+1 bedrooms 4 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property basement is Apartment . The property has many nice features including Floor Drain and Water Heater Owned. fourth bedroom, fifth bedroom, Kitchen and Family Room Rm are on the Lower floor.


School Information

  • elementary schools
    Ross Doan Public School (Grade:JK-3)
  • elementary schools
    Roselawn Public School (Grade:4-8)
  • secondary schools
    Alexander Mackenzie High School (Grade:9-12) 180/739
    International Baccalaureate
  • elementary schools
    St. Anne Catholic Elementary School (Grade:JK-8) 267/3037
  • secondary schools
    St. Theresa of Lisieux Catholic High School (Grade:9-12) 8/739
    Advanced Placement
  • elementary schools
    Doncrest Public School (Grade:1-1) 392/3037
  • elementary schools
    Adrienne Clarkson Public School (Grade:2-8)
  • secondary schools
    Langstaff Secondary School (Grade:9-12) 281/739
    Advanced Placement
  • elementary schools
    Christ the King Catholic Elementary School (Grade:1-8) 35/3037
    French Immersion


Commute Information

Richmond Hill Go Train Station (1.9km)

Location





Community Overview

97 May Ave is at the Heart of North Richvale Community. North Richvale community runs from Yonge St on the East to Carrville Rd in the south, Bathurst St on the west, and Major Mackenzie Dr in the north. The community has a long history of development, almost in line with the development of Richmond Hill, because historically, the downtown of Richmond Hill is the intersection of what is now Yonge and Major Mackenzie Drive. Single garage homes and Links dominate the neighbourhood south of Weldrick Rd. In past 3 months, 9 Detached homes were sold at average of $1.27M. North Richvale is a Richmond Hill neighbourhood attracting many mid-class families. In 97 May Ave neighbourhood, you will find many residents are Italian, Iranian, Chinese, Korean, and English. The best approach to travel in North Richvale is very often driving. It is one of the most well-equipped sports venues in Richmond Hill. This includes No Frills, T&T Supermarket, banks, and many restaurants. North Richvale is an ideal place for middle-income families to buy a home. The community noise levels in this town are low, as the streets are generally relatively peaceful. Lastly, public green spaces are easy to access since there are a few close by for residents to relax.


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