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Doncrest, Richmond Hill
$2,300,000
Welcome to this exceptional two-storey ravine residence, extensively renovated with high-quality materials and thoughtful upgrades throughout. Featuring a brand-new designer kitchen, luxurious steam bathroom, upgraded insulation, new roof, modern anti-theft smart locking system, and extensive interior and exterior improvements, this move-in-ready home offers modern comfort, security, and functionality. The walk-out lower level opens to a large, private ravine setting with beautiful natural views and exceptional privacy. The basement also offers potential for one separate rental living area, providing excellent income or multi-generational living possibilities. With its own laundry, kitchen, and entrance. Offering three spacious levels of renovated living space, direct backyard and ravine access, premium upgrades, and significant capital improvements already completed, this distinctive property combines luxury, privacy, security, natural surroundings, and outstanding income potential. A rare ravine property that must be seen to be fully appreciated.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $9,522 |
| Lot Size | 46.92 ft x 124.64 ft |
| mls© Number | N13733118 |
| Listed By | RE/MAX EXCEL REALTY LTD. |
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%
- $11,772
- Property tax
- $794
- Heat allowance
- $150
- Housing costs
- $12,716 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$391,000
gross annual household income
- Payment at 4%
- $9,679 / mo
- Cash down
- $460,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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