Refunds vary by sale price, market and are subject to a minimum commission. Please get in touch and read the Refund Terms and Conditions to learn more.
Welcome to 254 Demaine Crescent! This immaculately renovated semi-detached bungalow with a legal basement of 1,167 sq. ft. offers a fantastic opportunity for first-time buyers or investors in a highly desirable neighbourhood. With a separate side entrance leading to the basement apartment, this home provides peace of mind and excellent income potential. The special soundproof ceilings and walls reduce noise transfer between levels, giving both units their own privacy. The spacious layout features generously sized rooms, along with many modern updates, including a newer furnace, hot water heater, windows, A/C, electrical panel, roof, and attic insulation to prevent heat or cooling loss throughout the seasons. The legal basement is complete with separate laundry and two full bathrooms, creating an excellent opportunity to generate higher rental income. The property also offers a driveway that parks up to four cars, a fenced backyard with a shed for extra storage, and a prime location close to Bayview Secondary School, Mackenzie Health Hospital, parks, essential amenities, Richmond Hill GO Station, major roads, and Hwy 404. This is a rare chance to own a home in a high-demand area at an affordable price while enjoying long-term value and customization potential.
Fridges, 2 Stoves, 2 Dishwashers, 2 Washers & Dryers, Garden Shed, Existing window coverings. Humidifier and Hwt tank are rentals. Enjoy the legal basement apartment!
City: Richmond Hill
Neighborhood: Crosby
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Mar 6, 2025 | 7 | $949,000 | $930,000 | Sold | N12003754 |
Purchase Price | $1128000 |
Down Payment | $225600 |
Mortgage Insurance | $0 |
Total Mortgage | $902400 |
Mortgage Payment | $5561 |
Property Taxes | $407 |
Maintenance Fees | $0 |
Monthly Payment | $5968 |
Sold Comparables homes near 254 Demaine Cres, Richmond Hill
Located at 254 Demaine Cres , this Richmond Hill house is available for sale. This property was listed for $1,128,000 on Wed Oct 01 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Primary, 2nd Br, 3rd Br, Kitchen, Dining, Living, 4th Br, 5th Br. This property comes with 4 parking spots. 254 Demaine Cres, Richmond Hill is situated in the Crosby neighbourhood.
MLS#: N12438865 · $1,128,000 · 3 bedroom house in Crosby, Richmond Hill