114 Cartier Crescent, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Crosby. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,198,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50.05 x 150.07 ft lot
- Features a apartment, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fully Renovated Detached 3-Bedroom Bungalow With Separate Entrance, Offering Exceptional Versatility For End-Users And Investors Alike. This Property Features A Completely Finished Basement With 2 Additional Bedrooms And 3 Washrooms, Providing Excellent Income Potential. Situated On A Premium 50 x 150 Ft Lot, The Home Boasts Modern Kitchens With Granite Countertops And Beautifully Updated Washrooms Throughout. Roof, Furnace Approx 5 Years Old & Brand New A/C. Currently Tenanted By Long-Term, Reliable Tenants Of Over 2 Years Who Pay Above Market Rent And Take Great Care Of The Property-A True Turnkey Investment Opportunity With Strong Cash Flow From Day One. Upstairs Tenant pays $3,150, Basement Tenants Pays $2,150.Ideally Located Just Steps To Top Ranking Highschool- Bayview Secondary, Parks, Shopping, And GO Transit.
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Features
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Interior Features
Carpet Free
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 114 Cartier Crescent, Richmond Hill, ON L4C 2N6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,198,000 in Richmond Hill, the legal minimum down payment is $239,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,435 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,435.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
