525 Lynett Crescent, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Crosby. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 56.67 x 100 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Upgraded Bungalow on a 56.67' x 100' Lot! One of the few bungalows in the area with expanded main-floor living space and a desirable layout, offering approximately 2,600 sq. ft. of total living area. Situated within highly sought-after school zones, including top-ranked Bayview Secondary School, Crosby Heights Public School, and Beverly Acres French Immersion School. Enjoy the convenience of being just steps from parks and public transit, and only minutes drive to the GO Station, Costco, Walmart, FreshCo, and major highways. The main floor features two bright living rooms with bay windows. One living room offers direct access to the backyard, allowing guests to enjoy fresh air without passing through the bedrooms, a rare and thoughtful layout not found in most similar homes. The finished basement offers abundant natural light and a private separate entrance. Historically, similar basements in the area have rented for $1,700-$2,000 per month. It includes three bedrooms, a 3-piece bathroom, a full second kitchen, above-grade windows, and a large living area complete with a cozy gas fireplace. The large backyard is a true oasis, perfect for family gatherings, childrens play, barbecues, and enjoying fresh fruit from the garden. This home is an ideal choice for families, investors, or builders, with excellent potential for future development. ***Photos have been virtually staged and enhanced. Actual condition and appearance of the property may vary.***
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Property Summary
This detached home located at 525 Lynett Crescent, Richmond Hill is currently for sale and has been available on SousaSells for 5 days. This property is listed at $998,000 with an estimated mortgage of $3,322* per month. It has 6 beds, 2 bathrooms, and is 1100-1500 square feet. 525 Lynett Crescent, Richmond Hill is in the Crosby neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Crosby, Richmond Hill.
- •6 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Crosby, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Place Of Worship
- Public Transit
- School
Interior Features
- Carpet Free
- In-Law Suite
- Primary Bedroom - Main Floor
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Richmond Hill?
If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this 6-bedroom detached at 525 Lynett Crescent, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Richmond Hill Buyer Budget & Costs
Estimated mortgage: $3,322*/month*. Estimated Ontario Land Transfer Tax: $16,435. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Richmond Hill
Frequently Asked Questions about 525 Lynett Crescent, Richmond Hill, ON
Q.What is the asking price for 525 Lynett Crescent, Richmond Hill, ON ?
The current listing price for 525 Lynett Crescent, Richmond Hill, ON in Crosby, Richmond Hill is $998,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 525 Lynett Crescent, Richmond Hill, ON ?
525 Lynett Crescent, Richmond Hill, ON is a Detached (Bungalow) featuring a Finished, Separate Entrance basement.
Q.What key property features does 525 Lynett Crescent, Richmond Hill, ON offer?
Key property features include: Park, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Crosby, Richmond Hill
14 assaults (87.5/100k)
10 B&E (62.5/100k)
16 thefts (100.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 525 Lynett Crescent, Richmond Hill, ON L4C 2V8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $998,000 in Richmond Hill, the legal minimum down payment is $74,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,435 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,435.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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