$1,298,000
10.55 BTC
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Map
440 Fernleigh Circle, Richmond Hill
$1,298,000
PRICE
3 + 2
BEDROOMS
2
BATHROOMS
N11992572
MLSID

440 Fernleigh Circle, Richmond Hill

Exceptional Investment & Family Home In Prime Richmond Hill! Nestled In The Top-Ranked Bayview Secondary School Zone (Fraser: 9/746)! This Stunning Detached Bungalow Offers A Rare Combination Of Comfort, Functionality, And Positive Cash Flow! Featuring Two Separate Units, Each With Its Own Fully Equipped Kitchen, This Home Generates An Impressive $5,000 In Monthly Rental Income ($3,000 Upper + $2,000 Basement) Making It A Turnkey Investment With Positive Cash Flow From Day One! The Tenant Is Flexible To Stay Or Move, Giving Buyers Ultimate Flexibility.The Main Floor Boasts A Bright, Open-Concept Layout With A Formal Living Area Featuring A Fireplace, A Sophisticated Dining Room With An Elegant Chandelier, And A Gourmet Kitchen With Sleek Stone Countertops. Perfect For Entertaining! Large Windows Fill The Space With Natural Light, Creating A Warm And Inviting Atmosphere.The Separate Entrance Basement Is A Spacious Retreat, Complete With A Large Living Room Featuring A Cozy Fireplace, Two Generous Bedrooms, A Full Kitchen, And A Private Bathroom, A Fantastic Rental Opportunity Or An Ideal Space For Extended Family! Recent Upgrades Include: New Roof (2023), Basement Washer/Dryer (2024), And An Upgraded Tankless Water Heater For Efficiency And Comfort. The Private Backyard Provides A Tranquil Space For Relaxation Or Hosting Gatherings.Located In One Of Richmond Hills Most Desirable Areas, This Home Is Just Minutes From Top Schools, Beautiful Parks, Hillcrest Mall & SmartCentres, And Major Highways (404 & 407) Offering Unmatched Convenience And Lifestyle!
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Summary

Address
440 Fernleigh Circle
Community
MLSID
N11992572
Property Type
Detached
Property Category
Bedrooms
3 + 2
Bathrooms
2
Kitchens
1 + 1
Taxes (Annual)
$5,698.42
Tax Year
2024
Published
February 28, 2025
Days on Market
290 Days
Possession Type
30-59 Days
Possession Details
Tba
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Inclusions

New Roof (April 2023), Upper-Level Stainless Steel Fridge, Stove, Range Hood, And Dishwasher, Lower-Level Fridge, Stove, And Range Hood, Tankless Water Heater, Washer/Dryer, 2 Fireplaces, Light Fixtures, And Existing Window Coverings.

Details

Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Basement Level
Basement
Finished, Separate Entrance
Interior Features
None
Parking Spaces
4
Parking Total
5
Parking Features
Private
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
50 Feet
Lot Depth
110 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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