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***Attention Builders, Investors And End Users*** Seize this rare opportunity to purchase a double lot with existing house on one lot and the opportunity to build a breathtaking custom home on a massive severed double lot (103 x 226 ft), surrounded by luxury multimillion-dollar estates in the heart of the highly sought-after Mill Pond neighbourhood in Richmond Hill. This prime property is fully serviced with architectural drawings ready to build (on Part 1) a stunning 2 storey custom home featuring 5+1 Bedrooms, 6 Bathrooms, Integral 2 car garage, movie theatre, home gym and more. With full flexibility, you can choose to enjoy or rent the current charming 2-story home (on Part 2) while building your dream home or while planning for future construction. The existing 5-bedroom home (on Part 2) is in excellent condition, offering immediate occupancy or rental income potential. The main house boasts an open-concept floor plan, 4 spacious bedrooms, and 2 bathrooms, plus a large, self-contained 1-bedroom apartment above the garage, perfect for additional rental income or multigenerational living. Enjoy the perfect blend of tranquility and accessibility, with everything you need just moments away. Take a short walk or drive to Yonge Street, where you'll find a wealth of amenities including public transit, shopping, banks, and a variety of restaurants. Top-rated private and public schools are nearby, making this an ideal location for families. Explore the outdoors with Mill Pond, playgrounds, and scenic trails right at your doorstep. Whether you are looking for a family estate, investment potential, or future development, this property offers unmatched opportunity.
City: Richmond Hill
Neighborhood: Mill Pond
Purchase Price | $2499000 |
Down Payment | $499800 |
Mortgage Insurance | $0 |
Total Mortgage | $1999200 |
Mortgage Payment | $12320 |
Property Taxes | $719 |
Maintenance Fees | $0 |
Monthly Payment | $13038 |
Sold Comparables homes near 58 Oxford St, Richmond Hill
Located at 58 Oxford St , this Richmond Hill house is available for sale. This property was listed for $2,979,000 on Wed Oct 09 2024. This house's size is 103.06 x 225.68 Feet. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, Prim Bdrm, 3rd Br, 4th Br, Living, Kitchen, 5th Br. This property comes with 7 parking spots. 58 Oxford St, Richmond Hill is situated in the Mill Pond neighbourhood.
MLS#: N9367754 · $2,979,000 · 5 bedroom house in Mill Pond, Richmond Hill