Just listed! New listings in Richmond Hill often receive offers within the first week.
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!
| Dining Room | 6.31 × 5.20 m | Combined w/Family Hardwood Floor Large Window |
| Family Room | 6.31 × 5.20 m | Combined w/Dining Hardwood Floor Large Window |
| Kitchen | 4.08 × 2.68 m | Hardwood Floor B/I Dishwasher |
| Office | 5.82 × 3.02 m | Ensuite Bath Hardwood Floor Large Window |
| Primary Bedroom | 4.11 × 2.90 m | Hardwood Floor Closet Large Window |
| Bedroom 2 | 2.93 × 3.23 m | Closet Hardwood Floor Large Window |
| Bedroom 3 | 3.02 × 2.77 m | Closet Hardwood Floor Window |
| Bedroom | 5.82 × 3.02 m | Ensuite Bath Combined w/Living Large Window |
| Living Room | 5.82 × 3.02 m | Ensuite Bath Combined w/Dining Large Window |
| Kitchen | 5.82 × 3.02 m | Large Window Combined w/Living Hardwood Floor |
| Bedroom | 4.33 × 3.07 m | Ensuite Bath Large Window Laminate |
| Living Room | 4.45 × 3.48 m | Combined w/Dining Eat-in Kitchen Laminate |
| Kitchen | 4.45 × 3.48 m | Combined w/Living Combined w/Laundry Laminate |
| Bedroom | 4.51 × 2.72 m | Above Grade Window Closet Laminate |
| Living Room | 4.51 × 2.62 m | Large Window Laminate |
| Kitchen | 3.51 × 2.97 m | Combined w/Laundry Ceramic Floor |
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Richmond Hill. Data updates daily.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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