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Listed 22 days ago

68 Elm Grove Avenue

Oak Ridges, Richmond Hill

$1,568,900

Detached|Bungalow
3 | 1 | 9
About this home

Welcome to 68 Elm Grove Avenue, Richmond Hill, located in the prestigious community of Oak Ridges. Set on a stunning 50 x 200+ ft mature lot, this exceptional property is surrounded by magnificent custom-built multi-million-dollar homes, making it an outstanding opportunity for builders, investors, or end users. The beautifully treed lot offers privacy, character, and the perfect setting to design and build your dream luxury home. Ideally situated just steps from Yonge Street, you'll enjoy convenient access to shopping, restaurants, parks, transit, and every essential amenity. Families will appreciate the close proximity to some of the area's most sought-after private schools, including Country Day School, Villanova College, and several other prestigious educational institutions. Whether you're looking to create your forever home, secure a long-term investment, or develop a luxury custom residence in one of Richmond Hill's most desirable neighbourhoods, 68 Elm Grove Avenue presents a rare opportunity you won't want to miss.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,617
Lot Size50.09 ft x 204.16 ft
mls© NumberN13558562
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,030
Property tax
$468
Heat allowance
$150
Housing costs
$8,648 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $313,780
25-yr amortization

Income needed

$266,000

gross annual household income

Payment at 4%
$6,602 / mo
Cash down
$313,780

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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