32
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$990,000
Est. payment /mo
4 Beds
2 Baths
New
188 Olde Bayview AVE N Richmond Hill, ON L4E 3C9
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Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Oak Ridges Lake Wilcox
MLS Listing ID N12129452
Style Bungalow
Bedrooms 4
Annual Tax Amount $3,630
Tax Year 2024
Property Sub-Type Other
Property Description
Unique 4 bedroom 2 washroom Lakeside house with profitable rental income! If you are looking for profitable investment property or STARTER home, this is the RIGHT one for you! around 7.2% cap rate for short stay income or live+$2k per month income to cover your mortgage!! You've Searched the Heart-Stopping One of a kind Morden Home Lake side Cottage Bungalow House, 3 structures on the land, bringing the property owner with GREAT CASH INCOME POTENTIAL, Great Airbnb Site, or your City Retreat Site, Nature Lover's Paradise. Turn-Key to generate income for you. Total 2+2 bedrooms, 2 washrooms, 2 separate professionally landscaped yards, available to accommodates 2 families at the same time or up to 10 people per night on the whole property. Projected airbnb income around $100K+ Annually for Whole Property. Two bunkies comes with 2 Bed rooms + 1 living space + private access/backyard/3 Pcs bathroom which is available accommodates up to 4 people ; Front house + 2 Bedrooms + private large front yard/3 pcs bathroom/Full kitchen which is available accommodates up to 6 people. 3 Cars Driveway Parking Lot, 1 wilcox lakeside residential parking permit allow parking on front street / Wilcox lake parks for free which only available for limited local properties around the lake. 1 additional street free parking permit available. Large Front yard potential turning to 5 car parking. Recent renovated the Second washroom with separate entrance available for the bunkies users. Top school in the Neighbourhood, Step to the Sunset Beach, Oak Ridges Community Centre & Pool, Lake Wilcox Park. Easy access to Highway 404 Gormley/Bloomington Go Station. Front house Reno List attached. Fully upgraded in past 3 years, Skylights in Living Room with Cathedral Ceiling brings full of sunlight make its unique feature. Pot Lights and Smart Light Switches Through Out; Professional Landscaped backyard; All unique features above has Made This Home One of the Best in the Neighbourhood!!!
Location
State ON
County York
Community Oak Ridges Lake Wilcox
Area York
Rooms
Family Room Yes
Kitchen 1
Separate Den/Office 2
Interior
Interior Features Other
Exterior
Parking Features Private, Front Yard Parking
Pool None
Roof Type Asphalt Shingle
Lot Frontage 26.0
Lot Depth 150.0
Total Parking Spaces 3
Building
Foundation Concrete
Listed by CENTURY 21 LANDUNION REALTY INC.