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$1,788,000
Richmond Hill
56 Birch Avenue, Richmond Hill (South Richvale), Ontario, L4C6C6
This 6-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 4,250 sq ft of space. Listed at $1,788,000, it is attractively priced about 40% below the $2,980,000 median asking price in Richmond Hill. It has been on the market 50 days, fresher than the Richmond Hill average of 62 days.
Incredible & rare opportunity in the prestigious South Richvale community! This mature custom-built 2-storey home sits on a premium 52 x 204 ft lot on a quiet dead-end street, offering exceptional privacy and future potential. Over 3,700 sq ft above grade space with an additional 2,000 sq ft finished basement space, 1+2 kitchens 4+2 bedrooms 3+2 bathrooms, 3 separate laundry rooms, 3 separate entrances plus garage access to home. Main floor - kitchen with walk-out to backyard, living room & dining room, family room, 3pc bathroom and laundry room. Addition on main floor - kitchen, bedroom, 4pc bathroom, plus lower level recreation room/above grade windows, with laundry room. Separate furnace in addition. Second floor - 4 bedrooms, ensuite bathroom off primary bedroom, plus 3pc bathroom. Basement - above grade windows, kitchen, large recreation room, 1 bedroom and 4pc bathroom with laundry room. Oversize cantina with shelving. Whether you're looking for a spacious multi-family home to live in while planning your future dream home, or looking for a solid income property, this home offers incredible flexibility and investment potential $$$. Located on a highly sought-after street surrounded by multi-million dollar custom homes-yours could be next. Steps to shopping, transit, highways, GO, schools, places of faith, libraries, community centres, pools! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 62 days across the listings currently for sale in this city
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.
This 6-bed single family in Richmond Hill (South Richvale) has been listed for 50 days, which is 12 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,788,000, about 20.8× the local median household income of $86,000.
Carrying it typically needs a household income of about $349,259 (20% down, 25-yr amortization, stress-tested) — roughly 306% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.