$998,000
Est. payment $4,419/moCalculate yours
525 Lynett Crescent, Richmond Hill, ON L4C 2V8
Crosby, Richmond Hill, ON L4C 2V8
- 3 + 3 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of ZOLO REALTY MLS® N13811586
About this home
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.***
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Kitchens
- 2
- Total Rooms
- 11
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 56.67 x 100 Feet
- Parking
- None garage · 4 total
- Zoning
- R2
Financial
- Property Taxes
- $6,360 (2025)
Location
- Neighbourhood
- Crosby
- Cross Street
- Bayview/Elgin Mills
- Direction Faces
- North
Listing
- MLS® Number
- N13811586
- Days on Market
- 28
- Listed On
- 2026-09-20
- Possession
- Flexible
- Listed By
- ZOLO REALTY
Rooms
Features
Interior
- Carpet Free
- In-Law Suite
- Primary Bedroom - Main Floor
- Water Heater Owned
Property
- Park
- Place Of Worship
- Public Transit
- School
Pool
- None
- Included
- Main Floor: Refrigerator, Range, microwave Range Hood, Dishwasher | Basement: Refrigerator, Range, Range Hood, microwave (basement appliances included in as-is condition), Two sets of Washer and Dryer, Hot Water Tank (2024) Owned
Mortgage calculator
Estimated mortgage payment
$4,419 per month
- Principal and interest
- $4,419
- Property tax
- $530
- Condo fees
- $0
- Estimated monthly cost
- $4,949
Your mortgage
- Mortgage amount
- $798,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $527,278
Cash to close
- Down payment
- $199,600
- Land transfer tax
- $16,435
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,035
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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