$1,399,000
For sale: Detached

Rare Opportunity! Exceptional Income Potential With Two Self-Contained Basement Apartments (Fully Walk-Out!) Earning Approximately $4,000/Month. Welcome To 5 Hyde Park Dr, A Spacious Home With Excellent Layout Featuring 4+4 Bedrooms And 6 Bathrooms In Richmond Hill's Desirable Doncrest Community. Ideally Located Near Bayview Ave, Hwy 7, Parks, Schools, Public Transit, Shopping, Restaurants And Community Amenities. Set On A Generous 53.59 X 120.85 Ft Lot, This Well-Appointed Home Offers Approximately 4,200 Sq Ft Of Total Living Space, Including Approximately 2,662 Sq Ft Above Grade Plus A Finished Walk-Out Basement With Two Self-Contained Basement Apartments. The Main Floor Features A Welcoming Foyer, Elegant Living And Dining Rooms With Hardwood Floors, Bay Window And Crown Moulding, A Family Room With Fireplace And Pot Lights, Plus A Gourmet Kitchen With Granite Counters, Ceramic Flooring, Breakfast Area And Walk-Out To The Deck. Upstairs Offers 4 Spacious Bedrooms, Including A Primary Bedroom With 4-Piece Ensuite And Walk-In Closet, Plus Additional Bedrooms With Generous Closets And Large Windows. The Finished Basement Expands The Living Space With Multiple Recreation Areas, Bedrooms, 2 Kitchens, 2 Washrooms And Walk-Out Access To The Yard, Providing Excellent Flexibility For Extended Family Or Multi-Generational Living. Enjoy The Enclosed Porch, Deck, Fenced Backyard, Garden Space, Mature Trees, Patio Area And Backyard Shed. A Rare Opportunity In A High-Demand Location With Exceptional Space, Versatile Layout And Strong Long-Term Potential.***Some Listing Photos, Including Front Exterior Images, Have Been Virtually Staged With Digitally Added Elements For Illustration Purposes. The Property May Appear Different In Person.***
Sold data
Detached homes in Richmond Hill (Doncrest) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 48, across 303 recorded sales.
The median sale price was $1,499,800.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 303 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Doncrest) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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