$2,250,000

$2,300,000For salePrice drop↓ $50,000 (2%)

Book a showing

23A Mackay Drive, Richmond Hill (South Richvale) - Single Family for Sale

23A Mackay Drive, Richmond Hill (South Richvale), Ontario, L4C6N9

6 beds5 baths parking

145 Old Surrey Lane, Richmond Hill (South Richvale), Ontario, L4C6R9

4 bd4 ba4 pk2,250 ft²Lot size 52 × 99 ft (5,167 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

18 Yongeview Avenue, Richmond Hill (South Richvale), Ontario, L4C7A4

For saleJust listed

2 days ago

$3.00M

18 Yongeview Avenue, Richmond Hill (South Richvale), Ontario, L4C7A4

7 bd7 ba13 pk4,250 ft²Lot size 85 × 255 ft (21,675 sq ft)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

126 Spruce Avenue, Richmond Hill (South Richvale), Ontario, L4C6W1

For saleJust listed

2 days ago

$1.89M

126 Spruce Avenue, Richmond Hill (South Richvale), Ontario, L4C6W1

4 bd3 ba8 pk1,300 ft²Lot size 50 × 242 ft (12,090 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

99 Birch Avenue, Richmond Hill (South Richvale), Ontario, L4C6C5

For saleJust listed

4 days ago

$2.50M

99 Birch Avenue, Richmond Hill (South Richvale), Ontario, L4C6C5

4 bd5 ba6 pk4,250 ft²Lot size 103 × 413 ft (42,539 sq ft)

Listed by EXP REALTY

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$2,250,000

Richmond Hill

Book a showing

Overview

This 6-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 3,250 sq ft of space. Listed at $2,250,000, it is attractively priced about 24% below the $2,980,000 median asking price in Richmond Hill. It has been on the market 49 days, fresher than the Richmond Hill average of 62 days.

Houses for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Offer anytime. Upscale South Richvale Neighbourhood, Custom Quality Construction, Superior Workmanship & Finishes. 4 bedrooms and 3 full bathrooms on 2nd floor; Custom Design Kitchen, living, dining, family, study rooms, and powder room on the ground floor; Basement with storage area and a workshop, and Professionally Finished Basement apartment with living room, 2 bedrooms, kitchenette, and full bathroom. Basement apartment with Separate entrance Walk Up To Private Backyard. Superbly Landscaped, Aggregated Concrete Driveway & Walkway, Oversize Deck. (id:66096)

Property Details

MLS®: N13792868
Property Type: Single Family
Zoning: Residential
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 6
Interior Size: 3,250 ft²
Lot Size: 50 × 150 ft (7,500 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Finished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $12,492.46/yr
Listed: 49 days ago

Rooms

Main level

Living room: 4.54 x 3.36 meters
Dining room: 4.67 x 3.68 meters
Family room: 5.49 x 4.47 meters
Library: 4.58 x 3.25 meters
Kitchen: 7.82 x 3.5 meters

Basement

Bedroom: 5.03 x 3.71 meters
Office: 3.8 x 3.46 meters
Recreational, Games room: 7 x 7 meters

Second level

Primary Bedroom: 6 x 5.19 meters
Bedroom 2: 4.06 x 3.66 meters
Bedroom 3: 5.6 x 3.66 meters
Bedroom 4: 3.81 x 3.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

49d

Richmond Hill (South Richvale) listings, avg age

62d

Price / ft²

$692

List price

$2.25M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (L4C)

This home lists at $2,250,000, about 26.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $439,504 (20% down, 25-yr amortization, stress-tested) — roughly 411% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$2,250,000· $692/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment20% · $450,000

Min 20%50%

Mortgage payment$9,596/mo

Property tax (est.)$1,041/mo

Total monthly$10,637

Cash Needed to Close

Down payment (20%)$450,000

Land transfer tax$42,725

Est. closing costs$9,250

Total cash needed$501,975

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

23A Mackay Drive, Richmond Hill (South Richvale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4C)

Book a showing

Full Cost Breakdown