All photos · 50
49 Sunset Beach Road, Richmond Hill, ON L4E 1A3
$3,000,000
Beds
5
Baths
3
Type
Freehold
About this home
Situated on an expansive 0.377-acre lot, this property offers exceptional value and future potential in a highly desirable location just steps from Yonge Street. Enjoy unmatched convenience with only a 1-minute walk to Yonge Street and a 5-minute drive to Highway 404, providing seamless connectivity throughout the GTA.Within walking distance to the scenic Lake Wilcox, community centre, and a variety of supermarkets and daily amenities, the property supports a vibrant and convenient lifestyle.The existing home is well-maintained and features a total of 5 generously sized bedrooms across upper and lower levels. It presents flexible use options: ideal for a multi-generational family seeking both privacy and shared living, or as rental accommodation for construction crews, farm workers, or business staff. The large outdoor space also offers excellent potential for storage and operational use for contractors or building supply companies.From a development perspective, the possibilities are truly outstanding. Potential options include severing into two premium lots for luxury detached homes (over 4,000 sq ft each), or exploring townhouse, mid-rise residential, or senior housing developments (subject to approvals).A rare and versatile offering for investors, builders, and end-users alike-secure a prime parcel with strong current usability and exceptional future upside.
Interior
- · Water Heater
- · Carpet Free
Heating
- · Forced Air
Cooling
- · Central Air
Lot
- · Irregular Lot
Parking
- · Private
Basement
- · Finished
Room by room
Kitchen
Kitchen
Dining Room
Dining Room
Living Room
Living Room
Primary Bedroom
Primary Bedroom
Den
Den
Bedroom 2
Bedroom 2
Bedroom 3
Bedroom 3
Bedroom
Bedroom
Office
Office
Living Room
Living Room
Kitchen
Kitchen
Utility Room
Utility Room
What it could cost monthly
Estimated monthly
$13,738
Principal & interest, per month
- Mortgage amount
- $2,400,000
- Down payment
- $600,000
- Total interest paid
- $1,721,427
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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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.
Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.
Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.
Listing brokerage
RE/MAX IMPERIAL REALTY INC.
Each office independently owned and operated.