$1,250,000
516 Lynett Crescent, Richmond Hill, ON L4C 2V9
Crosby
Listing courtesy of RE/MAX EXCEL REALTY LTD.
Crosby · L4C 2G9
$1,499,000
$750 / sq ft15 months on market
Located just a 5-minute walk from Richmond Hill GO Station, with direct service to Union Station, this unique property offers endless possibilities. The two-story home provides approximately 2,500 sq ft of total living space and is currently configured as two fully furnished units, each with separate entrances making it ideal for long-term rentals, short-term rentals, or multi-generational living. With direct backyard access to the GO station parking lot, commuting couldn't be more convenient. The property sits on a prime lot approximately 55 feet wide and 102 feet deep. Both units span two floors and include kitchens and their own washer/dryer sets. The top unit features four bedrooms, one full bath, one half bath, and a beautiful skylight that fills the space with natural light. The second unit includes two bedrooms, one full bath, a bright above ground living area with large bay windows and spacious bedrooms with lots of natural sunlight. A detached garage with a keypad and automatic door opener adds further convenience. The layout offers incredible flexibility, you can live in one unit and rent the other, occupy both interconnected units for a larger living space, or rent both for income-generating potential. Alternatively, the lot's generous size makes it perfect for building your dream home, with the potential for approximately 3,000 to 4,300 sq ft above grade. This home is situated in a highly desirable area within walking distance to Bayview Secondary School and other top-rated schools. Public transit, Highway 404, and major retailers such as Walmart, Costco, FreshCo, and H-Mart are all just minutes away, enhancing its appeal to homeowners and investors alike.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 77% of comparable detached listings in Crosby are asking less.
Based on 22 comparable active detached listings in Crosby. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ENSO REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$1,250,000
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Listing courtesy of RE/MAX EXCEL REALTY LTD.
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Listing courtesy of GOLDEN TEAM REALTY INC.
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