Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,280,000 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.
Beautifully upgraded and bright 3+1bedroom home with over 2000 sq/f living space, located in highly desired north Richvale neighborhood and preferred low traffic crescent. Beautiful hardwood floor and stairs in main and second floor and pot lights throughout the house. Freshly painted. Main floor with open concept layout with spacious living room and dining room with large windows and plenty of natural light. Bright eat in gourmet kitchen with Quartz countertop. Brand-new S/S fridge & range hood. S/S Electric range & dishwasher (2025). Bright breakfast area, walk out to large fully fenced back yard with stone patio. Main floor powder room off the foyer with double mirrored door closet. Second floor has primary bedroom with two large south facing windows and walk in closet and 4 pieces semi unsuits. 2 additional good size bedrooms with large windows, double door closets with organizer. Finished basement with SEPERATE ENTRANCE, large furnace and laundry room. Beautiful in-law suite with 3-piece bathroom and brand-new modern kitchen with brand new s/s appliances. Newly upgraded 200 amps hydro and new upgraded electrical panel. Walking distance to top rated elementary and high school, parks, trails, and local transit. a short drive to retail, restaurants, Hillcrest mall, community center (indoor pool), library, Go transit location and hospital.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 56 Gray Crescent, Richmond Hill, ON L4C 5V5
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 $1,280,000 in Richmond Hill, the legal minimum down payment is $256,000 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 $22,075 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 $22,075.
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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.