446 Taylor Mills Drive South

Richmond Hill, ONDetached
$1,398,000
MLS® N14096448
Detached6 beds4 baths6 total
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About This Property

RARE MULTI-UNIT INCOME OPPORTUNITY FOR BOTH INVESTORS & END-USER GEM IN PRIME CROSBY, RICHMOND HIL. EXCEPTIONAL OPPORTUNITY TO COMBINE DEATCHED HOME OWNERSHIP, FLEXIBLE LIVING AND INVESTMENT POTENTIAL IN ONE PROPERTY WITH 4 UNITS. 2 REGISTERED LEGAL SUITES in Basement! The owner has spent over $100,000 on legalization of 2 basement units. Property has 4 units with potential rental income of $7700/monthly, $92,400/yearly. Investors & Multi-Gen Families! A turn-key cash cow in Richmond Hill's elite Crosby neighborhood. Features a wide driveway with parking spaces! THE LAYOUT: 3-bed main floor unit PLUS a self-contained small bachelor in main floor with its own private entrance, private bathroom & independent heat pump climate control, plus 2 self-contained unis in the basement.2 lower suites are COMPLETELY VACANT, brand-new, and legalized & registered with the total peace of mind! Upgraded 200-Amp electrical panel, completely brand-new basement wiring & plumbing, and a fully centralized, interconnected Smoke & CO alarm system spanning all 4 units. Enjoy complete freedom to set your own market-rate tenants from Day 1 with a projected gross income potential of $7,700/month ($92,400/year) or live in the main unit and let the 3 other units pay your mortgage. 2 basement units and a small bachelor in main floor are vacant now. Premium 51 x 100 ft lot, steps to Top-Ranked Schools, Highways, Go Train, Yonge St, Parks, Shopping, and Transit. Turn-key, fully legal, and risk-free for discerning investors or multi-generational families! (id:63604)

Key Facts

Type
Detached
Beds
6
Baths
4
Size
1,100 sqft
Lot
51 x 99 FT
Parking
6 total
Property Details 17 details
Bedrooms
6 bedrooms
4 above grade + 2 below grade
Bathrooms
4 bathrooms
Parking
6 parking spaces
No Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Apartment in basement
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
51 x 99 FT
Frontage
51 feet
Taxes
$5,698.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

HardwoodLaminateCeramic

Exterior features

BrickBlock
Rooms 15 rooms
Level
Room
Dimensions
Main level
Dining room
6.31 m x 5.2 m
Basement
Living room
4.45 m x 3.48 m
Basement
Kitchen
4.45 m x 3.48 m
Basement
Bedroom
4.51 m x 2.72 m
Basement
Living room
4.51 m x 2.62 m
Main level
Family room
6.31 m x 5.2 m
Basement
Kitchen
3.51 m x 2.97 m
Main level
Kitchen
4.08 m x 2.68 m
Main level
Primary Bedroom
4.11 m x 2.9 m
Main level
Bedroom 2
2.93 m x 3.23 m
Main level
Bedroom 3
3.02 m x 2.77 m
Main level
Bedroom
5.82 m x 3.02 m
Main level
Living room
5.82 m x 3.02 m
Main level
Kitchen
5.82 m x 3.02 m
Basement
Bedroom
4.33 m x 3.07 m
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$1,398,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Crosby
City
Richmond Hill
Postal code
L4C 2T4
Nearby
Cross Streets: Bayview And Crosby. ** Directions: Bayview & Major Mackenzie.
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