391 Crosby Avenue, Richmond Hill, ON
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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 $1,248,000 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.
- 3 Bedrooms and 1 Bathroom
- Premium 60.37 x 100.18 ft lot size
- Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient other configuration
- Notable attributes: Water Meter
- Efficient forced air heating via gas
Description
3 car garage detached house lot for future rebuild land banking, back to neighbours' huge backyards. Theeast side neighbour is rebuilding a new house. see mls photos for the proposal unproved drawings for anideal to build a new house. The current house is well maintained for living, separate entrance basement may bring extra rent as you need after renovation.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 391 Crosby Avenue, Richmond Hill, ON L4C 2R8
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 $1,248,000 in Richmond Hill, the legal minimum down payment is $249,600 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 $21,435 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 $21,435.
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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.
