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.
This unique garden suite offers approximately 1,250 sq. ft. of beautifully laid-out space, with the size and appointments of a townhouse. Zoned to accommodate commercial and residential occupancy, the well-appointed residence features two bedrooms and two bathrooms, including a four-piece ensuite and a separate three-piece bathroom.The property boasts additional accommodation of approximately 300 sq. ft. (11.5 sq. ft. x 29 sq. ft.) with a two-piece washroom, its own entrance from the gated courtyard, and separate access from the main living area, offering possibilities for commercial use, extra living space, or an in-law suite.The primary bedroom and kitchen/living area also features an entrance opening onto the courtyard, which provides approximately 360 sq. ft. (36 sq. ft. x 10 sq. Ft.) of personal patio space. Three courtyard entrances and one indoor entrance offer exceptional accessibility and flexibility. A separate laundry room with a washer and dryer provides ample storage for coats and other items.Well suited to professionals seeking a live/work arrangement, a boutique business setting, or private client access, the functional layout allows for separation between personal and professional areas. Whether accommodating extended family, creating a dedicated workspace, or exploring income-producing potential, this versatile garden suite makes a beautiful family home while offering the flexibility to support business pursuits and multigenerational living.
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What’s NearbyDistances approximate
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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$3,883/mo
Mortgage (principal + interest)$2,615
Property taxFrom listing: $4,117/yr$343
Condo feesFrom listing$925
Minimum $44,900 down for this price; the slider moves in whole percent, starting at 7%. 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$139,800
Ontario land transfer taxProvincial brackets, no first-time refund$10,455
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$153,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
