HomeScope GTA logo
Listing photo of 83 ELM AVENUE

Richmond Hill

Detached in Richmond Hill

$2,788,000

83 ELM AVENUE, Richmond Hill, L4C6K8

MLS Number: N13429058

Beds

9

Baths

9

Listing

For Sale

Type

Detached

Square Feet

5,000 - 100,000

Truly Magnificent Custom-Built Residence Situated On An Impressive 65.8-Foot Wide Lot. Offering Exceptional Versatility With 3 Self-Contained Units, Each Featuring Separate Entrances, This Unique Property Is Ideal For Multi-Generational Living, Investors, Or End Users Seeking Significant Income Potential. Meticulously Upgraded Throughout, This Home Showcases Elegant Craftsmanship And Luxury Finishes At Every Turn, Including New Hardwood Flooring (2021), Designer Kitchens And Bathrooms, Coffered Ceilings, Skylights, Pot Lights, Custom Millwork, And California Shutters. The Upper Two Levels Feature A Spacious Family Residence With 4 Bedrooms, 4 Bathrooms, A Full Kitchen, And Laundry Facilities. The Main Level Offers 3 Bedrooms, A Large Bathroom, Kitchen, And Laundry, With Potential For Residential Or Commercial Use. The Finished Walk-Up Basement Includes 2 Bedrooms, A Full Kitchen, Laundry, And Separate Entrance. Currently Generating Approximately $6,000 Per Month In Rental Income From The Main Floor And Basement Units Exceptional Features Include 3 Fireplaces, 2 Skylights, Sprinkler System, Jacuzzi, Steam Sauna, Integrated Sound System, Stainless Steel Appliances, Built-In Dishwasher, Cooktop, Microwave, Washer, Dryer, And All Basement Appliances. A Rare Opportunity To Own A Truly One-Of-A-Kind Luxury Property With Outstanding Income Potential. ** This is a linked property.**

Estimate Tool

Mortgage Payment Calculator

Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.

Down Payment

$557,600

Mortgage Amount

$2,230,400

Principal + Interest

$12,896 / mo

5-Year Term Payments

$773,769

Estimated Monthly Carrying Cost

$13,546

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

Helpful Guide

Buying advice and document help

If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.