$924,900
Richmond Hill
274 Demaine Crescent, Richmond Hill (Crosby), Ontario, L4C2W5
This 6-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 1,750 sq ft of space. Its $924,900 asking price sits right in line with the $948,000 median in Richmond Hill. It has been on the market 21 days, fresher than the Richmond Hill average of 74 days.
Rare investment or end-user opportunity in Richmond Hill's sought-after Crosby community! This unique 2-storey semi-detached residence boasts an expansive layout offering approx. 1,812 sq. ft. of above-grade living space on a premium, pool-sized pie lot that widens significantly at the rear. The bright main level features a functional open-concept kitchen and spacious living/dining area, ideal for family gatherings, along with 2 main-floor bedrooms, a full 4-piece bathroom, plus a convenient 2-piece powder room. Dedicated entirely to the upper level addition (added approx. 2014/2015) is a private primary suite retreat complete with a 3-piece ensuite bath with glass enclosed shower and a large walk-in closet. The fully finished basement provides exceptional extended space featuring a second kitchen, large sitting area, full 4-piece bathroom, and flexible layout for up to 3 additional bedrooms/bonus rooms, perfect in-law space or use for multi-generational living arrangements. Outdoor space offers a fully fenced yard with room for a pool and driveway parking for up to 5 cars. Unbeatable location steps to top-tier schools including Crosby Heights P.S. and Bayview Secondary School district. Minutes to Yonge St shops, dining, public transit, Richmond Hill GO Station, Newkirk Park, and easy highway access. Don't miss this incredible opportunity where you are paying semi-detached price for a home that has more square footage and a bigger lot than many detached homes! Some images have been virtually staged. VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 74 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 6-bed single family in Richmond Hill (Crosby) has been listed for 21 days, which is 53 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $924,900, about 10.8× the local median household income of $86,000.
Carrying it typically needs a household income of about $180,665 (20% down, 25-yr amortization, stress-tested) — roughly 110% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4C)
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