Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Crosby. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
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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Fenced Yard, Park, Public Transit, School
Primary Bedroom - Main Floor, In-Law Suite, Accessory Apartment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 24 Gentry Crescent, Richmond Hill, ON L4C 2G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,499,000 in Richmond Hill, the legal minimum down payment is $299,800 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 $26,455 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 $26,455.
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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.