50 Addison Street, Unit Lower, Richmond Hill, ON

$1,999/mo
MLS#:N13741574
3 beds
1 baths
2000-2500 sqft
1.0 parking
Residential Freehold
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Added:Sep 3, 2026(1 day ago)
Updated:Sep 3, 2026(1 day ago)
Last Checked:12 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $1,999 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
  • Generous living space spanning 2000-2500 sqft on a premium 50.1 x 121.06 ft lot
  • Features a separate entrance, walk-up, finished, apartment, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

All utilities and high-speed internet are included, so you can enjoy stress-free living without worrying about additional monthly expenses. Welcome to this beautifully furnished 3-bedroom basement unit, offering the perfect blend of comfort, convenience, and modern living. Designed with privacy and functionality in mind, this spacious suite features a private side entrance and an emergency exit for added safety and peace of mind. The interior boasts modern vinyl flooring throughout, creating a clean, stylish, and low-maintenance space that's easy to care for. Windows in almost every room fill the home with natural light, giving the entire unit a bright and welcoming atmosphere. The fully furnished living areas are thoughtfully arranged to provide a cozy and move-in-ready experience. Each bedroom offers space, comfortable furnishings, and a relaxing ambiance, making it ideal for small families, students, or working professionals looking for a turnkey home. The open-concept living and dining area flows seamlessly into a well-equipped kitchen, offering the perfect setup for everyday living or entertaining guests. Located in a quiet, family-friendly neighborhood, this basement unit is close to schools, parks, shopping centers, and public transportation-making commuting and daily errands a breeze. Whether you're seeking a comfortable long-term rental or a temporary home that's ready to move in, this 3-bedroom basement suite checks all the boxes for modern, affordable living. Utilities and high speed internet is included in the lease for extra $200 per month. Parking also available on driveway for an extra $100 per month

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Property Summary

This detached home located at 50 Addison Street, Richmond Hill is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,999 with an estimated mortgage of $7* per month. It has 3 beds, 1 bathroom, and is 2000-2500 square feet. 50 Addison Street, Richmond Hill is in the North Richvale neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in North Richvale, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedSep 3, 2026 (1 day ago)
UpdatedSep 3, 2026 (1 day ago)
Last Checked12 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick Veneer
BasementSeparate Entrance, Walk-Up, Finished, Apartment, Full
Lot Size50.1 × 121.06 Feet
CountyYork

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Storage

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 50 Addison Street, Unit Lower, Richmond Hill, ON

Q.What is the asking price for 50 Addison Street, Unit Lower, Richmond Hill, ON ?

The current listing price for 50 Addison Street, Unit Lower, Richmond Hill, ON in North Richvale, Richmond Hill is $1,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 2000-2500 sqft.

Q.What property type and architectural style is 50 Addison Street, Unit Lower, Richmond Hill, ON ?

50 Addison Street, Unit Lower, Richmond Hill, ON is a Detached (2-Storey) featuring a Separate Entrance, Walk-Up, Finished, Apartment, Full basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Storage.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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50 Addison Street, Unit Lower, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

North Richvale, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents45 incidents / yr
Average Per Month3.8 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

9 assaults (45.0/100k)

Property Security
Low

10 B&E (40.0/100k)

Auto Theft Risk
Low Risk

16 thefts (45.0/100k)

1-Year Trend
▼ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Addison Street Lower, Richmond Hill, ON L4C 7L8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$600 (30.0%)
* Minimum Canadian down payment required for this price is $100.
Amortization Period30 Years
Estimated Monthly Payment$7Based on a loan of $1,399 over 30 years.
Purchase Price$1,999
Loan Amount$1,399
Provincial Land Transfer Tax:$10
Total Estimated Closing Taxes:$10

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,999 in Richmond Hill, the legal minimum down payment is $100 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 $10 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 $10.

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North Richvale, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for North Richvale, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,044,119

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in North Richvale, Richmond Hill

Elementary Schools

St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8
Charles Howitt
Public30 Pearson Avenue, Richmond Hill, Ontario, L4C 6T7
7.6
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6

Secondary Schools

Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2

North Richvale, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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