PROPERTY DETAILS

188 Olde Bayview Avenue N,

Richmond Hill, Ontario L4E 3C9

$990,000
2+2
2
3

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!!! (id:29237)

Property Details
MLS® Number N12129452
Property Type Single Family
Building Type Other
Storeys 1
Community Name Oak Ridges Lake Wilcox
Land Size 26 x 150 FT
Parking type No Garage
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Location
Building
Bathrooms (Total) 2
Bedrooms - Above Grade 2
Bedrooms - Below Grade 2
Exterior Finish Wood
Style Bungalow
Rooms
Bathroom 4 m x 5 m
Bedroom 4 m x 5 m
Bedroom 3.56 m x 2.97 m
Bedroom 3.56 m x 2.39 m
Bathroom 2.31 m x 12.18 m
Laundry room 1.78 m x 1.96 m
Kitchen 3.89 m x 2.06 m
Dining room 3.53 m x 2.64 m
Living room 3.53 m x 5.49 m
Foyer 1.32 m x 1.98 m
Bedroom 4 m x 5 m
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May 07 2025 12:07:42

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