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For saleNew listingMLS® N14149848

516 Lynett Crescent, Richmond Hill, ON L4C 2V9

Crosby · L4C 2V9

$1,250,000

$1,136 / sq ft

Listed today

Bedrooms
4+2
Bathrooms
3
Interior
1,100 sf
Parking
5.5
Lot
50 × 100 ft

What's special

  • Detached garage
  • Central air
  • Basement apartment
  • Fireplace
  • Carpet free

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About this property

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.

Rooms

13 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain3.66 × 3.43 m12.0 × 11.3 ftLaminate · Combined w/Dining · Large Window
KitchenMain4.73 × 2.79 m15.5 × 9.2 ftPorcelain Floor · Granite Counters · Pot Lights
Dining RoomMain2.97 × 2.92 m9.7 × 9.6 ftLaminate · Combined w/Living
Primary BedroomMain4.11 × 2.96 m13.5 × 9.7 ftLaminate · Closet · W/O To Yard
Bedroom 2Main3.33 × 2.75 m10.9 × 9.0 ftLaminate · Closet · Window
Bedroom 3Main3.10 × 2.75 m10.2 × 9.0 ftLaminate · Closet · Window
BedroomSecond5.94 × 5.14 m19.5 × 16.9 ftLaminate · Combined w/Living · Ceiling Fan(s)
KitchenSecond2.61 × 2.00 m8.6 × 6.6 ftLaminate · Open Concept · Window
Living RoomSecond5.94 × 5.15 m19.5 × 16.9 ftLaminate
RecreationBasement5.00 × 3.35 m16.4 × 11.0 ftTile Floor · Combined w/Kitchen · Fireplace
KitchenBasement4.32 × 2.72 m14.2 × 8.9 ftTile Floor · Combined w/Rec · Window
Bedroom 4Basement3.94 × 3.23 m12.9 × 10.6 ftLaminate · Closet · Window
Bedroom 5Basement3.84 × 3.10 m12.6 × 10.2 ftLaminate · Closet · Window

Features

  • Carpet Free

Property details

Property

Property type
detached
Bedrooms
4 + 2
Bathrooms
3
Interior size
1,100 sq ft
Lot size
50 × 100 ft
Possession
90-120 TBA

Interior

Basement
Separate Entrance, Apartment
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
5.5
Sewer
Sewer

Costs

List price
$1,250,000
Property taxes
$5,793 / year (2026)
Price per sq ft
$1,136
Rental items
Hot Water Tank

Listing

MLS® number
N14149848
Status
For sale
Listed
November 4, 2026
Last updated
November 4, 2026
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 50% of comparable detached listings in Crosby are asking less.

$944KMedian $1.26M$2.75M
This home
$1,136 / sq ft
Comparable median
$854 / sq ft

Based on 22 comparable active detached listings in Crosby. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.0% · minimum $100,000
$100,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,358.55
Property tax (est.)
$482.74
Estimated monthly
$6,841

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$21,475
Total due on closing
$21,475

An estimate on the asking price of $1,250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX EXCEL REALTY LTD.. 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.

$1,250,000

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