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Listed 1 month ago

11 Palace Court

Doncrest, Richmond Hill

$2,590,000

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

Exceptional opportunity in a prime Richmond Hill location! Nestled on a quiet cul-de-sac, this executive home offers approximately 3,600 sqft. of elegant living space, featuring 9 ft ceilings on the main floor and a large skylight that fills the home with natural light. A stunning oversized skylight above the circular oak staircase enhances the home's grandeur, leading to a dramatic 2-storey open-to-above foyer with a Maria Teresa Austrian crystal chandelier and impressive double-door entry. The main floor features maple solid hardwood flooring throughout the family room, library, living, and dining areas. The upgraded kitchen is equipped with premium cabinetry, granite countertops, and a gas cooktop, and offers a walk-out to a composite deck complete with aluminum railings and tempered glass panels, along with split-level staircases leading to the beautifully landscaped ravine-view backyard-perfect for relaxing or entertaining. This well-maintained home is in excellent condition and includes all existing window coverings and hardware. The fully finished walk-out basement offers approximately 8'9" ceiling height and provides excellent additional living space, featuring a wet bar with cabinetry and upgraded marble flooring and countertops, a nanny suite with a 3-piece bathroom, and a spacious open area ideal for entertaining or exercise. Additional upgrades include modern railing spindles and vinyl casement windows throughout. The property is fully landscaped in both the front and backyard, featuring beautiful Japanese maple and magnolia trees, along with a lawn sprinkler system for easy maintenance. Ideally located just minutes to Highways 404 & 407, top-rated schools, parks, shopping, restaurants, and public transit. Close to the future T&T Supermarket. Situated in a highly sought-after neighbourhood known for its strong community atmosphere and excellent property values. A fantastic opportunity for families or investors seeking long-term potential.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age16-30
Size3500-5000 sq. ft.
Property Tax$10,805
Lot Size49.2 ft x 137.52 ft
mls© NumberN13473142
Listed ByRE/MAX EPIC REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$13,257
Property tax
$900
Heat allowance
$150
Housing costs
$14,307 / mo

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

Down payment20% · $518,000
25-yr amortization

Income needed

$440,000

gross annual household income

Payment at 4%
$10,899 / mo
Cash down
$518,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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