63 Roosevelt Dr, Richmond Hill - Double Garages Detached Home

63 Roosevelt Dr

LocationSouth Richvale, Richmond Hill, L4C 6V2
$1.688M For Sale
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Description

# South Richvale Opportunity - Live & Invest - Welcome to this bright and updated raised bungalow in the prestigious South Richvale community, located on highly sought-after Roosevelt Drive and surrounded by stunning multi-million-dollar custom homes. Situated on a deep, private lot backing onto mature greenery and good size L shape deck with access from Kitchen and Living room. This property offers an exceptional opportunity to live or invest.This well-maintained 3-bedroom raised bungalow features a practical, stair-friendly layout ideal for families or down-sizers seeking convenient one-level living. The spacious kitchen, generous principal rooms, abundant natural light, and fresh paint create a warm and inviting atmosphere. The primary bedroom includes a walk-in closet and a private ensuite for added comfort.The finished basement offers excellent income potential, allowing you to live on the updated main floor while generating rental income from the lower level.One of the property's most unique advantages is its elevated position on the uphill section of Roosevelt Drive. Beyond this property, many lots shown on the City's planning maps feature approximately 100-foot frontages, further enhancing the long-term appeal of the area. The mature, private backyard provides a peaceful setting, while the prestigious neighbourhood continues to attract luxury custom home development. Conveniently located close to top-ranking schools, parks, shopping, Golf Course, public transit, and major highways, this is an outstanding opportunity for end-users and investors.**Live now, rent for additional income, in one of Richmond Hill's most desirable luxury neighbourhoods.** Lots of upgrade including Furnace 2024, AC 2019, TWO sump pumps 2026.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 46.00 x 150.00 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 8903.00
  • MLS
    N13711158
  • Listing contracted with: KELLER WILLIAMS REFERRED URBAN REALTY
Bathroom Pieces Level
3xBaths3 pcs



Property Summary

Located close to the intersection of West of Yonge and HW7, 63 Roosevelt Dr is a 3+1 bedrooms 3 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property has many nice features including None. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 11.6% compared with the same period last year.

Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan
Recent 6-Month Rent Range
$2,700 – $3,500/month

How This Home Compares

Market Temperature
Strong Buyer's Market
Strong SellerSellerBalancedBuyerStrong Buyer
High inventory strongly favours buyers of similar homes.
Typical Selling Time
26 Days
Similar homes are selling in about 26 days, broadly in line with last year.
Price Position
Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 54% of residents hold a bachelor's degree or higher, while about 12% have a college credential. Driving is the primary commuting method for nearly all local commuters.





School Information



Commute Information

GTA Go Train Langstaff Go Train Station (1.4km) - Free Parking available, parking lots: 1547

Location





Community Overview

63 Roosevelt Dr is at the Heart of South Richvale Community. The community of South Richvale runs from Yonge St on the East to Highway 7 in the south, Bathurst St on the west, and Carrville Rd in the north. The community was one of Toronto's first commuter suburbs. The development coincided with the opening of the Richvale School in 1923. The significant real estate development started in the 1950s, and many residential houses were built around the 1970s. The original houses, many sitting on large premium lots, were relatively modest, consisting mainly of bungalows that were gradually rebuilt into much larger custom-designed homes. In past 3 months, 7 Detached homes were sold at average of $2.01M. South Richvale is notable for its higher education; more than 60% of residents have a college degree or higher. In 63 Roosevelt Dr neighbourhood, you will find many residents are Iranian, Chinese, Italian, Canadian, and English. Driving is the primary way of commuting for residents in South Richvale. The Upper East Don River winds from north to south through the community. Moreover, on the east side of Yonge St is Bayview Glen Plaza. South Richvale is now one of the most desirable Richmond Hill communities for Chinese families. Many marketers promote the community as South Rich Valley, highlighting it as a wealthy neighbourhood and its name, after translating to Chinese Cantonese, as a famous Hong Kong landmark, 'Lan Kwai Fong'.


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