Selling

188 Olde Bayview Avenue, Richmond Hill, ON L4E 3C9

$990,000

  • Jun 17, 2025
  • Richmond Hill, Ontario

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!!!
Overview
MLS ID: N12129452
Type: Others
Bedrooms: 4
Bathrooms: 2
Square: 1,300 m²
Price: $990,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling:
Heating: Unknown
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 3630
PossessionDetails: 30 days

🏠 Room Details
# Room Type Level Length (m) Width (m) Feature 1 Feature 2 Feature 3
1 Bedroom Ground 3.56 2.97 Walk-In Closet(s)
2 Bedroom Ground 3.56 2.39 Closet
3 Bathroom Ground 2.31 12.18
4 Laundry Ground 1.78 1.96
5 Kitchen Ground 3.89 2.06
6 Dining Room Ground 3.53 2.64
7 Living Room Ground 3.53 5.49
8 Foyer Ground 1.32 1.98
9 Bedroom Ground 4 5
10 Bathroom Ground 4 5
11 Bedroom Ground 4 5
Map
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