56 Gray Crescent, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,550 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 30 x 121 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully upgraded and bright 3 Bedroom home with approx 1500 sq/ft living space. Located in highly desired north Richvale neighborhood and preferred low traffic crescent. Beautiful hardwood floors on stairs, main and second floor. Pot lights throughout the house. Freshly painted. Main floor consisting of open concept layout with spacious living room and dining room. Large windows and plenty of natural light. Bright eat in gourmet kitchen with Quartz countertop. Brand-new S/S fridge & range hood. S/S Electric range & Dishwasher (2025). Bright breakfast area, walk out to large fully fenced back yard with stone patio. Main floor powder room off the foyer with double mirrored door closet. Second floor has primary bedroom with two large south facing windows, walk in closet and 4 pieces semi unsuits. 2 additional good size bedrooms with large windows, double door closets with organizer. Large laundry/storage room within the furnace room in basement. (to be shared with basement's tenants). Walking distance to top rated elementary and high school, parks, trails, and local transit. A short drive to retail restaurants, Hillcrest mall, Community center (indoor pool), library, Go transit and hospital. Tenants pay 2/3 of utilities. Also optional to lease the whole house.
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Pricing & Value Insights
Data-driven valuation for 56 Gray Crescent Main & 2nd Floor, Richmond Hill, ON L4C 5V5
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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 $3,550 in Richmond Hill, the legal minimum down payment is $178 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 $18 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 $18.
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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.