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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A rare find in the heart of historic Richmond! This extensively renovated circa-1900 home sits on an incredible L-shaped, approx. 210-ft-deep lotwith access from TWO separate roads. VM8 zoning permits a wide variety of COMMERCIAL, LEISURE, INSTITUTIONAL & RESIDENTIAL uses,offering exceptional possibilities for this truly unique property. Extensively renovated inside and out while maintaining its original character, thehome features updated kitchen and bathrooms, new flooring, a beautifully renovated laundry room, 9-ft ceilings, a stunning original tin ceiling,spacious living and dining rooms, and a family room with gas fireplace. The outdoor space has also undergone significant improvements,including extensive interlock, new deck, shed, landscaping and an in-ground pool, creating an incredible backyard with room to enjoy. Majorimprovements also include a metal roof, most windows, new furnace and HWT (2026), exterior paint, and new pool pump and filter. With 4bedrooms, 2 bathrooms, a wraparound porch, expansive yard, extensive renovations, flexible zoning and two-road access, this is a property thatoffers character, lifestyle and possibilities rarely found in one package.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,534/mo
Mortgage (principal + interest)$2,241
Property taxFrom listing: $3,522/yr$294
Minimum $34,900 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$119,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$131,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Stittsville - Munster - Richmond has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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