446 TAYLOR MILLS DRIVE S
Richmond Hill (Crosby), Ontario
MLS® N14169222
$1,299,000
- Status
- Active
- Property type
- House
- MLS® number
- N14169222
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- —
1 / 31Listing description
ATTENTION INVESTORS & END-USERS: OVER $120,000 INVESTED IN LEGALIZATION & TOTAL RENOVATION OF TWO BASEMENT APARTMENTS! Presenting a turnkey detached bungalow in Richmond Hill re-engineered into 4 self-contained living spaces generating up to $7,600 in monthly revenue. Rare investment and multi-family opportunity in prime Richmond Hill!
Beautifully updated detached bungalow featuring FOUR self-contained units designed for high-yield cash flow or luxury multi-generational living with potential gross income of ~$7,600/month ($91,200/year)! LOWER LEVEL UNITS: Over $120,000 invested to fully renovate and officially legalize two stunning 1-bedroom basement apartments (projected rent $1,600/month each). Both suites are fully code-compliant with municipal building permits and sign-offs, featuring separate entrances, proper fire separation assemblies, and updated mechanicals.
MAIN FLOOR UNIT: Spacious 3-bedroom, 1-bathroom residence with modern finishes. Currently tenanted at $2,900/month (AAA tenant on a monthly agreement-willing to stay for turnkey income or vacate for end-user buyer). MAIN FLOOR BACHELOR: Private, self-contained studio with separate entrance and private bathroom (projected rent $1,500/month).
Located minutes to top-rated schools, parks, GO Transit, and major retail corridors. Move into the main unit and let the lower suites pay your mortgage, or lease all 4 units for exceptional cap rates. Full municipal permit documentation available!
Full municipal legalisation, building permits, and inspection sign-offs available upon request. Please attach Schedule B to all offers. 24-hr notice required for main floor showings.
Flexible closing available.
Property summary
- MLS® number
- N14169222
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 51 x 99 FT
- Annual property taxes
- $5,674.35
- Parking
- 6 spaces · No Garage
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, N/A
- Flooring
- Hardwood, Laminate, Ceramic
- Appliances
- Water meter
- Exterior features
- Brick
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTRAL HOME REALTY INC., RICHMOND HILL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.