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Listed 13 days ago

63 Yorkland Street

Devonsleigh, Richmond Hill

$1,799,888

Detached|2-Storey
4 | 5 | 6
About this home

Location! Location! Location! Exceptional family home in one of Richmond Hill's most sought after neighbourhoods. Just steps to Yonge Street, top ranked Richmond Hill High School, parks, YRT and VIVA transit, shopping, restaurants, and all daily amenities.This well maintained home features a functional layout with 4 spacious bedrooms and 3 bathrooms, making it ideal for families or investors alike.A rare income generating opportunity with two self contained 1 bedroom basement apartments, each with a private separate entrance, currently tenanted, providing immediate rental income and excellent mortgage support.Bright principal rooms, generous living space, and outstanding convenience in a highly desirable location. A fantastic opportunity for end users, multi generational families, or investors looking for strong rental potential in a premium neighbourhood.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$3,430
Lot Size13.34 metres x 39.38 metres
mls© NumberN13596000
Listed ByBAY STREET GROUP INC.

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%
$9,213
Property tax
$286
Heat allowance
$150
Housing costs
$9,648 / mo

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

Down payment20% · $359,978
25-yr amortization

Income needed

$297,000

gross annual household income

Payment at 4%
$7,574 / mo
Cash down
$359,978

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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