Unknown for 525 Lynett Cres, Richmond Hill Ontario L4C 2V8
20 hours on Market

525 Lynett Cres, Richmond Hill, Ontario L4C 2V8

Detached
3 + 3
2
~1100-1500 sqft
$1,388,800
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Detached
3 + 3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market20 hours

Estimated valueNot available

Price/Sqft$1,094/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size5,667 SqFt(100 x 56.67)
Parking Spaces4
MLS ®NumberN12281499
Community NameCrosby
Data SourceTRREB
Listing byZOLO REALTY

Features

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

Ground Floor

Living

5.73 x 4.32

Laminate / Crown Moulding / South View

Dining

4.16 x 3.74

Laminate / Bay Window / W/O To Yard

Kitchen

3.65 x 3.48

Ceramic Floor / Combined W/Dining / Backsplash

Primary

4.35 x 2.9

Laminate / Double Closet / North View


Features

Lot size: 5,667 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jul 13, 2025
ListedActive
$1,388,800
20 hours on market
history photo preview30
Listing by trreb®

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

15 days

Compared to

2024

7 days

2023

20 days

2022

17 days

New Listings

Past 30 days

18 listings

Compared to

2024

19 listings

2023

22 listings

2022

12 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

7 units

2022

10 units

Median Sold Price

Past 30 days

$1,082,000

Compared to

2024

$1,145,000

2023

$1,400,000

2022

$1,395,500


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