387 Crosby Avenue, 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 $1,288,888 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.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 44.25 x 226.93 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to own a premium deep-lot property with over 200 ft of depth, ideally located within the highly desirable Bayview Secondary School boundary-one of Richmond Hill's top-ranked public high schools and ranked 12th in Ontario.This versatile home offers excellent income potential with two self-contained basement units, each with its own private entrance: one bachelor suite and one one-bedroom unit. Ideal for investors or homeowners seeking rental income to offset mortgage costs.Conveniently situated close to all amenities, including shopping, dining, parks, and public transit, with easy access to Highway 404 for effortless commuting. A perfect blend of location, lot value, and investment opportunity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 387 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 $1,288,888 in Richmond Hill, the legal minimum down payment is $257,778 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 $22,253 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 $22,253.
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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.
