7 Stancroft Drive
Westbrook, Richmond Hill
$2,130,000
Attention Builders, Developers, and Investors! An exceptional opportunity awaits in one of Richmond Hills most desirable neighborhoods. This premium 100 x 150 ft lot is already zoned R6, allowing for the creation of two single-detached homes severance is the only step required. Zoning: R6 (permits 2 single detached dwellings)Lot Size: 100 ft x 150 ft Development Charge Credit: 1 included Status: Severance-ready Location: Prime Richmond Hill location, location, location! This is a rare chance to develop in a high-demand area with strong resale potential. Whether you're a seasoned builder or a savvy investor, opportunities like this don't last long.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,873 |
| Lot Size | 100.17 ft x 150.12 ft |
| mls© Number | N14154594 |
| Listed By | REMAX YOUR COMMUNITY 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%
- $10,902
- Property tax
- $573
- Heat allowance
- $150
- Housing costs
- $11,625 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$358,000
gross annual household income
- Payment at 4%
- $8,963 / mo
- Cash down
- $426,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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