REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,398,000
Est. payment | /mo
4 Beds
4 Baths
$ 1,398,000
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Crosby
MLS Listing ID N14096448
Style Bungalow
Bedrooms 4
Annual Tax Amount $5,698
Tax Year 2026
Property Sub-Type Detached
Property Description
RARE MULTI-UNIT INCOME OPPORTUNITY FOR BOTH INVESTORS & END-USER GEM IN PRIME CROSBY, RICHMOND HIL. EXCEPTIONAL OPPORTUNITY TO COMBINE DEATCHED HOME OWNERSHIP, FLEXIBLE LIVING AND INVESTMENT POTENTIAL IN ONE PROPERTY WITH 4 UNITS. 2 REGISTERED LEGAL SUITES in Basement! The owner has spent over $100,000 on legalization of 2 basement units. Property has 4 units with potential rental income of $7700/monthly, $92,400/yearly. Investors & Multi-Gen Families! A turn-key cash cow in Richmond Hill's elite Crosby neighborhood. Features a wide driveway with parking spaces! THE LAYOUT: 3-bed main floor unit PLUS a self-contained small bachelor in main floor with its own private entrance, private bathroom & independent heat pump climate control, plus 2 self-contained unis in the basement.2 lower suites are COMPLETELY VACANT, brand-new, and legalized & registered with the total peace of mind! Upgraded 200-Amp electrical panel, completely brand-new basement wiring & plumbing, and a fully centralized, interconnected Smoke & CO alarm system spanning all 4 units. Enjoy complete freedom to set your own market-rate tenants from Day 1 with a projected gross income potential of $7,700/month ($92,400/year) or live in the main unit and let the 3 other units pay your mortgage. 2 basement units and a small bachelor in main floor are vacant now. Premium 51 x 100 ft lot, steps to Top-Ranked Schools, Highways, Go Train, Yonge St, Parks, Shopping, and Transit. Turn-key, fully legal, and risk-free for discerning investors or multi-generational families!
Location
Province ON
County York
Area York
Rooms
Family Room Yes
Basement Apartment
Kitchen 4
Separate Den/Office 2
Interior
Interior Features None
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 51.0
Lot Depth 99.0
Total Parking Spaces 6
Building
Foundation Concrete Block
Others
ParcelsYN Yes
Listed by CENTRAL HOME REALTY INC.
Nearby Locations
"My job is to deliver more results for you when you are buying or selling your property! "