516 LYNETT CRESCENT, Richmond Hill (Crosby)
$1,250,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® N14149848
- Neighbourhood
- Crosby
Exceptional Three-Unit Detached Property Situated in the highly desirable Crosby community of central Richmond Hill, this unique property sits on a generous 50 x 100 ft lot and offers an exceptional opportunity for investors or multi-generational families seeking additional rental income.Featuring three self-contained living units, each with its own private kitchen, bathroom, and laundry facilities, this property offers excellent rental income potential and outstanding flexibility.The main house offers 3+2 bedrooms & 2 bathrooms, while the detached garage behind features a separate Coach House above, providing a third independent rental unit complete with its own heating system, 60 amps electrical Panel, kitchen, bathroom, and laundry facilities.The property also features a 1.5-car garage, offering parking for one vehicle plus additional storage space. Conveniently located close to Highway 404, schools, parks, shopping centres, Asian supermarkets, banks, restaurants, community centres, hospital, GO Train station, and public transit, providing exceptional convenience for everyday living.Located within the highly Ranked Bayview S.S district.
Sold data
Homes in Crosby — recent sold market
Homes in Crosby took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 48, across 93 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $998,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 29% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $998,000
- Sale-to-list ratio
- 96.4%
- Sold above asking
- 29%
Based on 93 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Richmond Hill (Crosby)
Richmond Hill (Crosby) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
- Rated schools
- 43
- Elementary
- 35
- Secondary
- 8
- Average rating
- 7.5 / 10
Top-rated schools in Richmond Hill (Crosby)
- Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
- St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
- Silver Stream — elementary, Richmond HillFraser rating 9.3/10
- St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
- Bayview — secondary, Richmond HillFraser rating 9.2/10
- Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 516 LYNETT CRESCENT
$1,299,000
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Detached6+252,500–3,000 sqft156 GWENDOLYN BOULEVARD, Keswick North, Georgina
$999,999
Detached6+231,500–2,000 sqft71 LILLINGTON AVENUE, Birchcliffe-Cliffside, Toronto
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