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446 Taylor Mills Drive Richmond Hill, Ontario

$1,299,000
6 Beds
  4 Full

PROPERTY INFO

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. (id:4555)

PROPERTY SPECS

Price $1,299,000
City Richmond Hill, Ontario
Bed / Bath 6 / 4 Full
Address 446 Taylor Mills Drive
Listing ID N14169222
Style Bungalow, House
Flooring Hardwood, Laminate, Ceramic
Parking 6.00
Type Residential
Status For Sale
Listing Brokerage: CENTRAL HOME REALTY INC.

EXTENDED FEATURES

Subtype Single Family Ownership Freehold Basement Apartment in basement, N/A Heating / Cooling Forced air, Natural gas Sewer Sanitary sewer Parking 6.00



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Toronto: 905-220-7333
Office: 519-735-7222

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