trreb/IMG-N14149848_fd6121dd818958fbd8264ae047db31d1f6e07232c2b8da1dd44ed0494d8e10f0.jpg
3 hours on Market

516 Lynett Cres, Richmond Hill, Ontario L4C 2V9

Detached
4 + 2
3
~1100-1500 sqft
$1,250,000
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Detached
4 + 2
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market3 hours

Estimated valueNot available

Price/Sqft$985/sqft

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Description

Exceptional Three-Unit Detached Property Situated in the highly desirable Crosby community of central Richmond Hill, this unique property sits on a generous 50 x 100 ft lot and offers an exceptional opportunity for investors or multi-generational families seeking additional rental income.Featuring three self-contained living units, each with its own private kitchen, bathroom, and laundry facilities, this property offers excellent rental income potential and outstanding flexibility.The main house offers 3+2 bedrooms & 2 bathrooms, while the detached garage behind features a separate Coach House above, providing a third independent rental unit complete with its own heating system, 60 amps electrical Panel, kitchen, bathroom, and laundry facilities.The property also features a 1.5-car garage, offering parking for one vehicle plus additional storage space. Conveniently located close to Highway 404, schools, parks, shopping centres, Asian supermarkets, banks, restaurants, community centres, hospital, GO Train station, and public transit, providing exceptional convenience for everyday living.Located within the highly Ranked Bayview S.S district.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size5,000 SqFt(100 x 50)
Parking Spaces5.5
MLS ®NumberN14149848
Community NameCrosby
Data SourceTRREB
Listing byRE/MAX EXCEL REALTY LTD.

Features

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

Main Floor

Living

3.66 x 3.43

Laminate / Combined W/Dining / Large Window

Kitchen

4.73 x 2.79

Porcelain Floor / Granite Counter / Pot Lights

Dining

2.97 x 2.92

Laminate / Combined W/Living

Primary

4.11 x 2.96

Laminate / Closet / W/O To Yard


Features

Lot size: 5,000 SqFt

Parking

Garage spaces 1.5

Garage type Detached

Other parking spaces 4

Total parking spaces 5.5


Property History

Nov 5, 2026
ListedActive
$1,250,000
3 hours on market
history photo preview37
Listing by trreb®
Property listed by RE/MAX EXCEL REALTY LTD., Brokerage
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Market Data - Crosby

Geo Zone Map ThumbnailCrosby

Strong Buyer'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

32 days

Compared to

2025

46 days

2024

52 days

2023

12 days

New Listings

Past 30 days

13 listings

Compared to

2025

8 listings

2024

15 listings

2023

14 listings

Units sold

Past 30 days

4 units

Compared to

2025

4 units

2024

5 units

2023

6 units

Median Sold Price

Past 30 days

$1,019,000

Compared to

2025

$1,066,500

2024

$1,180,000

2023

$1,170,000


Population and Demographics

Overview

Total population 11379
Average household income $107,333

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget