54 Gray Cres
North Richvale, Richmond Hill
$1,585,000
Buy with Dwelly and Save $15,850
Home Details
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Listing Description
Welcome to this beautifully updated 3+1 bedroom, 4-bath home (i.e. 3 full baths + powder room) offering modern functionality, income potential, and a thoughtfully landscaped backyard retreat. Step inside to find hardwood floors, recessed lighting with dimmers, and new blinds on the main floor. The renovated bathrooms (ensuite, powder, 2nd floor & basement) provide elevated comfort, while USB charger outlets and Wi-Fi switches add smart convenience throughout.The separate entrance basement suite features a full kitchen with induction stove on an island, bedroom, and 3-piece bath ideal for rental income (historically $1,850-$1,950/month + 30% utilities). A second laundry set on the upper level allows both Main/2nd Floor & Basement levels to operate independently, if desired. Upgrades include: new Lennox A/C (2022), high-efficiency HVAC, Nest thermostat, 200-amp panel, and a garage access door (see attached Features & Upgrades List for More!). Benefit from new windows (2022) in Master Bedroom, Stairway, Porch, & Backyard. Outdoors, enjoy a raised garden, deck with gazebo + 2nd retractable-roof gazebo, natural gas hook-up, shed, interlock patio & driveway, and a removable fence offering optional private yard space for both Main/2nd Floor & Basement levels, if desired. Located steps to bus stops, Mackenzie Health Hospital, Mary Dawson Park, and minutes drive from excellent amenities including LA Fitness, Longos, and a variety schools from PK to Grade 12 including but not limited to Alexander Mackenzie H.S., Ross Doan PS and Adrienne Clarkson P.S. A versatile home perfect for families, investors, or multi-generational living! (Main / 2nd Floor Market Rent Approx. $3500 + Basement Market Rent Approx. $1850-$1950). (Basement Tenant currently has lease until Aug 2025, open to staying or leaving. Main / 2nd Floor currently vacant).
Main / 2nd Floor Chattels Included: Whirlpool Washer & Dryer, Microwave, Fridge, Stove/Oven. Basement Chattels Included: LG Washer & Dryer, Stove, Microwave, Fridge, White Sofa Coach
City: Richmond Hill
Neighborhood: North Richvale
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Apr 29, 2024 | 8 | $1,900 | N/A | Terminated | N8282076 |
| Feb 12, 2024 | 77 | $1,900 | N/A | Terminated | N8062726 |
| Jan 11, 2024 | 32 | $2,000 | N/A | Terminated | N7394664 |
| Dec 4, 2023 | 38 | $2,250 | N/A | Terminated | N7338980 |
| Dec 22, 2022 | 56 | $3,250 | $3,250 | Leased | N5855776 |
| Dec 22, 2022 | 4 | $1,900 | $2,100 | Leased | N5855819 |
| May 26, 2022 | 9 | $1,539,000 | $1,500,000 | Sold | N5632769 |
| Jun 29, 2011 | 9 | $504,900 | $490,000 | Sold | N2142865 |
| Jun 22, 2011 | 6 | $518,888 | N/A | Terminated | N2137027 |
Rooms
Room dimensions for 54 Gray Cres, Richmond Hill
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 54 Gray Cres is 8255
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1585000 |
| Down Payment | $317000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1268000 |
Monthly Payment
| Mortgage Payment | $7814 |
| Property Taxes | $442 |
| Maintenance Fees | $0 |
| Monthly Payment | $8255 |
Sold Comparables
Sold Comparables homes near 54 Gray Cres, Richmond Hill
About 54 Gray Cres, Richmond Hill
Located at 54 Gray Cres , this Richmond Hill house is available for sale. This property was listed for $1,585,000 on Fri Jul 25 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Breakfast, Primary, 2nd Br, 3rd Br, Rec, 4th Br, Laundry, Laundry. This property comes with 4 parking spots. 54 Gray Cres, Richmond Hill is situated in the North Richvale neighbourhood.
MLS#: N12307472 · $1,585,000 · 3 bedroom house in North Richvale, Richmond Hill