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Listed 2 months ago

99 Birch Avenue

South Richvale, Richmond Hill

$2,658,000

Detached|2-Storey
4 | 5 | 6
About this home

Rare offering in coveted community of South Richvale. This custom full stone two storey sits on a 1.33 acre ravine lot at the end of a gated, dead-end cul-de-sac with total privacy. Held by its original owner and built with superior construction materials, the home offers 3,722 square feet above grade plus a bright finished walk-out lower level, four bedrooms, five bathrooms, and an elevator serving all three levels as well as the garage. Entertaining-sized principal rooms span the of the home, each framing the ravine: separate formal living and dining rooms, a main floor office, and a family room anchored by a floor-to-ceiling stone fireplace. The centre-island kitchen walks out to a terrace over the trees, with a sunny private breakfast area and southern exposure. Custom walnut hardwood floors, nine-foot smooth ceilings, custom cornice mouldings, a large skylight, and a sculptural floating oak staircase rising from the lower level to the second storey. The primary retreat offers a sitting area, walk-in closet, spa-inspired ensuite, and a private balcony over the ravine. A second bedroom enjoys its own four-piece ensuite, and all secondary bedrooms are generously sized. The walk-out lower level offers space to create a full in-law suite built for multi-generational living: an oversized living and dining area, second kitchen, sauna, wine room, abundant storage, and two walk-outs to a covered patio over the ravine. The setting is the rarity. A wrought iron gated entrance opens to an oversized interlock driveway. The home backs onto your own private ravine that cannot be severed or developed, steps to nature trails, minutes to highways and commuter routes and access to top private schools.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$18,602
Lot Size103 ft x 413 ft
mls© NumberN13461416
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,605
Property tax
$1,550
Heat allowance
$150
Housing costs
$15,305 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $531,600
25-yr amortization

Income needed

$471,000

gross annual household income

Payment at 4%
$11,185 / mo
Cash down
$531,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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