CA$990,000

For
Sale

bedrooms

4

bathrooms

2

Square Footage

1100-1500

Type of Property

Other

Wedu Estimate*
New

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Details

Overview

Type
Other
Style
Bungalow
Size
1100-1500 Sqft
Taxes
CA$3,630/yr

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!!!

This other home located at 188 Olde Bayview Avenue, Richmond Hill, ON L4E 3C9 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$990K. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. The property is N/A years old. 188 Olde Bayview Avenue, Richmond Hill, ON L4E 3C9 is in Richmond Hill neighborhood Oak Ridges Lake Wilcox.

Fees

Taxes
CA$3,630/yr
Tax Year
2024

Inside

Bedrooms
4
Bathrooms
2
Kitchens
1
Den/Family Room
Yes
Air Conditioning
Laundry

Building

Basement Details
Water Supply
Municipal
Exterior
Wood
Roof
Asphalt Shingle

Land

Depth
150
Width
26
Lot Size Units
Feet
Sewer
Sewer
Pool
None
Cross Street
Olde bayview
Neighbourhood
Oak Ridges Lake Wilcox
City
Richmond Hill

Parking

Garage
None
Parking Features
Private, Front Yard Parking
Parking Places
3

Metadata

Added
5/7/2025
Updated
5/7/2025
MLS®#
N12129452
Source
TRREB

Rooms

Dining RoomGround3.53 x 2.64
BedroomGround3.56 x 2.39
LaundryGround1.78 x 1.96
BathroomGround2.31 x 12.18
BedroomGround3.56 x 2.97
BedroomGround4 x 5
KitchenGround3.89 x 2.06
BathroomGround4 x 5
BedroomGround4 x 5
FoyerGround1.32 x 1.98
Living RoomGround3.53 x 5.49

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