Home with vinyl exterior material, street for 440 Fernleigh Circ, Richmond Hill Ontario L4C 1E6
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29 days on Market

440 Fernleigh Circ, Richmond Hill, Ontario L4C 1E6

Detached
3 + 2
2
- sqft
$1,298,000
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$12,980Cashback
Detached
3 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,574/mo

Tax Amount (2024)$5,698/yr

Days On Market29 days


Description

Exceptional Investment & Family Home In Prime Richmond Hill! Nestled In The Top-Ranked Bayview Secondary School Zone (Fraser: 9/746)! This Stunning Detached Bungalow Offers A Rare Combination Of Comfort, Functionality, And Positive Cash Flow! Featuring Two Separate Units, Each With Its Own Fully Equipped Kitchen, This Home Generates An Impressive $5,000 In Monthly Rental Income ($3,000 Upper + $2,000 Basement) Making It A Turnkey Investment With Positive Cash Flow From Day One! The Tenant Is Flexible To Stay Or Move, Giving Buyers Ultimate Flexibility.The Main Floor Boasts A Bright, Open-Concept Layout With A Formal Living Area Featuring A Fireplace, A Sophisticated Dining Room With An Elegant Chandelier, And A Gourmet Kitchen With Sleek Stone Countertops. Perfect For Entertaining! Large Windows Fill The Space With Natural Light, Creating A Warm And Inviting Atmosphere.The Separate Entrance Basement Is A Spacious Retreat, Complete With A Large Living Room Featuring A Cozy Fireplace, Two Generous Bedrooms, A Full Kitchen, And A Private Bathroom, A Fantastic Rental Opportunity Or An Ideal Space For Extended Family! Recent Upgrades Include: New Roof (2023), Basement Washer/Dryer (2024), And An Upgraded Tankless Water Heater For Efficiency And Comfort. The Private Backyard Provides A Tranquil Space For Relaxation Or Hosting Gatherings.Located In One Of Richmond Hills Most Desirable Areas, This Home Is Just Minutes From Top Schools, Beautiful Parks, Hillcrest Mall & SmartCentres, And Major Highways (404 & 407) Offering Unmatched Convenience And Lifestyle!


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size5,505 SqFt(110.03 x 50.04)
Parking Spaces5
MLS ®NumberN11992572
Community NameCrosby
Data SourceTRREB
Listing bySMART SOLD REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Sep Entrance

Features

Lot size: 5,505 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

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Price changeActive
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Listed
$•••,•••
29 days on market
history photo preview40
Listing by trreb®
Property listed by SMART SOLD REALTY, Brokerage

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Market Data - Crosby

Geo Zone Map ThumbnailCrosby

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

13 days

2023

15 days

2022

6 days

New Listings

Past 30 days

11 listings

Compared to

2024

11 listings

2023

10 listings

2022

27 listings

Units sold

Past 30 days

0 unit

Compared to

2024

11 units

2023

4 units

2022

12 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$1,290,000

2023

$1,260,500

2022

$1,652,500


Population and Demographics

Overview

Total population 11379
Average household income $107,333

Age (%)

50 to 64
22%
0 to 19
21%
35 to 49
20%
65 and plus
19%
20 to 34
18%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
46%
Iranian Persian
13%
Mandarin
10%
Yue (Cantonese)
8%
Russian
6%
Persian (Farsi)
3%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
Others
2%
Arabic
1%
Italian
1%

House tenancy (%)

Owners
52%
Renters
48%

Schools and amenities

Estimated Budget