50 Garden Avenue, Richmond Hill

$3,399,000
50 Garden Avenue

$3,399,000

New
22d
Detached2-Storey

50 Garden Avenue, Richmond Hill

Total Monthly Obligation $15,523

Beds
5
Baths
5
Park
12
Sqft
5000 +
DOM
22d
Yield
2.6%
Cash on Cash
-12.3%
Cap Rate
1.9%
5Y IRR
6.0%
10Y IRR
7.2%
Property Type-Detached
MLS® Number-N13848466
Beds-5
Bathrooms-5
Size-5000 + sqft
Lot Size-73.02 × 293.77 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$17,246.76 (2026)
Parking-14 - Attached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-NORDALE REALTY & ASSOCIATES INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Stucco (Plaster), Concrete Block
Roof-Other
Foundation-Concrete
Sewer-Sewer
Possession-To be Arranged
Neighbourhood-South Richvale
Title-Residential Freehold

No agent assigned

Surrounded by Multi Million Dollar Homes this Property is in the Prestigious South Richvale Community of Richmond Hill. This Large Home is Extremely Well Built ("solid bones") Home and Sits on a 73 ft. x 294 ft. Lot Backing on to a Park and Fully Fenced. Beautiful Layout With a Great Flow and Includes Spacious Rooms Throughout. Five Large Bedrooms rooms. Huge Kitchen to Entertain with a Walkout to a Grand Heated Solarium Overlooking the Backyard Across the Back of the Home. Basement has a Separate Entrance to Garage and Backyard. Includes a Large Recreation Room, Exercise Room and Sauna. Large Windows Bringing in Plenty of Natural Light. Close to all Transit Including Proximity to Hwy 407. Located Just Steps From Mall, Boutique Shops, Top Ranked Schools, Public Library, Private Clubs and Golf Courses.

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Closing Costs

Mortgage Amount
$2,719,200
Land Transfer Taxes$71,450
Legal Fees (Est.)
$
Total cash required for closing$752,750

Total Monthly Obligation

$15,523/mo
Mortgage $13,711
Monthly Loss $11,915
Principal$3,608
Interest$10,103
Property Tax$1,437
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 50 Garden Avenue

Time

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