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EXCLUSIVE: Bayview SS Zone | Semi-Detached Bungalow | Income

Bayview Ave, Richmond Hill, ON L4C 2L4

3 Beds

2 Baths

Semi-Detached Bungalow
Off-Market

$899,000

Asking Price

 EXCLUSIVE: Bayview SS Zone | Semi-Detached Bungalow | Income, photo 1
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About This Property

Why buy a fixer-upper when you can own this beautifully upgraded, move-in-ready semi-detached bungalow in the highly sought-after Crosby neighborhood of Richmond Hill? Whether you are a young family looking for top-tier schools, an investor seeking positive cash flow, or downsizers looking for a comfortable stair-free layout, this home has it all! PROPERTY HIGHLIGHTS: Top-Tier School Zone: Located within the boundaries of the prestigious Bayview Secondary School (IB Program) and Crosby Heights PS (Gifted Program). Premium Exterior & Parking: Over $30K spent on luxury Interlock in the front and side yards. Massive parking space for up to 6 CARS! Turn-Key Interior: Brand NEW kitchen cabinets and premium countertops. Updated bathroom. Bright, spacious, and extremely well-maintained—just pack your bags and move in! Massive Income Potential: Features a finished basement with a SEPARATE ENTRANCE! Easily use it as an in-law suite or rent it out to have a tenant help pay down your mortgage. Rare Bungalow Layout: Highly desirable 1-story living. No stairs to climb, making it extremely functional and accessible. Unbeatable Location: Minutes away from the Richmond Hill GO Station, Highway 404, major supermarkets, restaurants, and beautiful parks. This property offers the absolute best value in the neighborhood—don't settle for homes that need $50K+ in renovations. Secure this turnkey gem and start enjoying it (or generating rental income) on day one! Motivated Seller & Flexible Closing Options! Please reply directly to this Kijiji ad via message to view more photos, or book a private showing before it’s gone!

Opportunity Analysis

Score: 90 / 10

Recommended Strategy:

Rental|Turnkey

Facts & Features

Property Type

Semi-Detached Bungalow

Status

Move-in-ready

Parking

Multiple cars

Basement

Finished basement with separate entrance

Separate Entrance

Yes

Business Case

Strengths

Located in a highly sought-after neighborhood

Good school zone (IB and Gifted Programs)

Positive cash flow potential

Turn-key interior and exterior

No stairs to climb

Weaknesses

Potential tenant reliability issues

Maintenance costs associated with a rental property

Opportunities

Increased rental income or resale value with renovations

Potential to add value with luxury upgrades

Threats

Changing market conditions and interest rates

Competition from other rental properties

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$179,800

Loan

$719,200

Monthly P+I

$4,817

Cash Flow Analysis

= $179,800  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $899,000 ÷ 12

Monthly Summary

Mortgage (P+I)

$4,817

Property Tax

$899

Total Out

$5,716

Rental In

$0

Net / Month

-$5,716

Net Cash Flow

NET / MO-$5,716

Enter rental income to activate the gauge

Asking Price

$899,000

Off-Market

Posted Aug 14, 2026 · 11 days ago

3 bd

·

2 ba

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