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Hamza Nouman, REALTOR®
18 Mayvern Crescent — property photo
1 / 81 — Click to enlarge
1.7

18 Mayvern Crescent, Richmond Hill

Richmond Hill

$1,880,000

Detached4 bed / 2 bath25 DOM~1,750 sqft

Cash flow, cap rate & mortgage breakdown

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Listed by CENTRAL HOME REALTY INC.

Investment Analysis

Key Facts

Type

Detached

Bedrooms

4

Bathrooms

2

Days on Market

25

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

None Detected

Rent Estimate

$4,600/mo

Estimated from market price-to-rent ratios

Remarks

Exceptional Opportunity for End-Users, Builders, and Investors! This rare offering features an impressive 80 ft frontage, combining two parcels (50' x 120' + 30' x 120') totaling approximately 9,600 sq. ft. The property presents excellent potential for severance into two 40' x 120' lots, ideal for constructing two separate custom homes, each approximately 3,250 sq. ft. with double car garage. Nestled on a quiet crescent in the highly sought-after North Richvale community of Richmond Hill, the existing residence offers a well-designed layout with spacious living and dining areas, an eat-in kitchen with walk-out to a deck and pergola, and a cozy family room with access to a private, beautifully landscaped backyard featuring a swimming pool. The main floor also includes a full bathroom and convenient side access to the yard. The upper level boasts three generously sized bedrooms and a large, tastefully renovated luxury bathroom. The lower level offers additional living space with a recreation room and an extra bedroom. Numerous upgrades have been completed, including custom European-style wood windows and metal gates. Ideally located close to a golf course, parks, top-rated schools, and shopping amenities. Please note: Photos are from previous listings. The Committee of Adjustment previously granted severance approval; however, it has expired and will require reapplication.

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