$948,000

For sale

274 Taylor Mills Drive North, Richmond Hill (Crosby) - Single Family for Sale

274 Taylor Mills Drive North, Richmond Hill (Crosby), Ontario, L4C2T9

4 beds2 baths6 parking350 ft²65 × 81 ft (5,265 sq ft) lot sizeListed 42 days ago

Overview

This 4-bedroom, 2-bathroom home in Richmond Hill is for sale offering roughly 350 sq ft of space. Its $948,000 asking price sits right in line with the $948,000 median in Richmond Hill. It has been on the market 42 days, fresher than the Richmond Hill average of 74 days.

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Description

Well-maintained home in a sought-after location with a flexible two-unit layout and strong rental income potential. The finished basement features a separate entrance, bedroom, washroom and kitchen, offering an opportunity for buyers seeking cash flow. The current owners have invested approximately $100k in renovations and improvements, including a newer roof, upgraded electrical panel, basement renovations and exterior improvements. Additional updates include the kitchen, washrooms, flooring, windows, doors, furnace, A/C, deck and shed roof. Walk out to a spacious deck overlooking the garden. Close to transit, the GO station, shopping and community amenities, with a direct bus to Finch Station. Bayview Secondary School's IB program and Crosby Heights Public School's gifted program are nearby. (id:66096)

Property Details

MLS®: N13819856
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 6
Interior Size: 350 ft²
Lot Size: 65 × 81 ft (5,265 sq ft)
Frontage: 65 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $4,317.39/yr
Listed: 42 days ago

Rooms

Main level

Living room: 6 x 3.4 meters
Dining room: 6 x 3.4 meters
Kitchen: 6 x 3.32 meters

Second level

Primary Bedroom: 3.58 x 3.12 meters
Bedroom 2: 3.12 x 2.76 meters
Bedroom 3: 2.79 x 2.66 meters

Basement

Bedroom 4: 3.36 x 2.66 meters
Recreational, Games room: 3.49 x 3.12 meters
Kitchen: 4.08 x 1.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dishwasher, Dryer, Hood Fan, Two stoves, Window Coverings, Two Refrigerators
Flooring: Laminate, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Richmond Hill (Crosby) listings, avg age

74d

Price / ft²

$2,712

List price

$948K

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.

Haho

This 4-bed single family in Richmond Hill (Crosby) has been listed for 42 days, which is 32 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RE/MAX EPIC REALTY · JESSICA LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $948,000, about 11.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $185,178 (20% down, 25-yr amortization, stress-tested) — roughly 115% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$948,000· $2,712/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.36% · $69,800

Min 7.36%50%

Mortgage payment$4,869/mo

↳ CMHC premium ($35,128 capitalized)

Property tax (est.)$360/mo

Total monthly$5,229

Cash Needed to Close

Down payment (7.36%)$69,800

Land transfer tax$15,435

Est. closing costs$5,344

Total cash needed$90,579

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