Palace Court, Richmond Hill (Doncrest), ON, L4B4C3
Asking Price
$2,398,000
5
Beds
3
Baths
3,600
Sq ft
Detached
Type
Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.
Rare Opportunity with a 50 x 150 ft Lot! First time on the market, this impeccably maintained, original-owner ~3,600 sq. ft. detached home sits on a massive lot featuring an expansive, private backyard-an outdoor lover's dream! Grand double-door entry leads to a soaring foyer with a sweeping curved staircase, solid wood spindles, and a large skylight. Main level boasts hardwood floors, California shutters, a cozy fireplace, Artemide Giocasta chandelier, and a marble kitchen with built-in gas cooktop. Upper floor features 5 spacious bedrooms and 3 washrooms. Complete with Central Air, Central Vac, a double car garage, and a private 4-car driveway (6 parking total). Unfinished basement offers endless potential. Unbeatable Location: Near Bayview Ave, minutes to Hwy 407, steps to Hwy 7, Viva bus, parks & schools. Walk to Golden Court Plaza, future T&T supermarket, restaurants, banks, medical centre & pharmacy! (id:24493) MLS® #N13652072 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
Opportunity score
5 / 10
Recommended strategy
TurnkeyAutomated estimate generated from listing data. Not a property valuation or investment advice.
Property type
Detached
Square feet
3,600 sq ft
Lot size
50 x 150 ft
Parking
double car garage + private 4-car driveway (6 total)
Basement
Unfinished
Separate entrance
No
Strengths
Opportunities
Weaknesses
Threats
20.0%
Monthly payment (principal + interest)
$12,850
Down payment
$479,600
Mortgage amount
$1,918,400
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $479,600 · linked to the mortgage calculator
/mo
Est. 1.2% of price a year
/mo
Repairs, condo fees
Monthly cash flow
Enter the rent to see if this home pays for itself.
Rent needed to break even
$15,248/mo
Mortgage (P+I)
−$12,850
Property tax
−$2,398
Asking Price
$2,398,000
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