Bayview Ave, Richmond Hill, ON L4C 2L4
3 Beds
2 Baths
$899,000
Asking Price
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!
Recommended Strategy:
Property Type
Semi-Detached Bungalow
Status
Move-in-ready
Parking
Multiple cars
Basement
Finished basement with separate entrance
Separate Entrance
Yes
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
Down Payment
Canadian semi-annual compounding
Down
$179,800
Loan
$719,200
Monthly P+I
$4,817
= $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
Enter rental income to activate the gauge
Asking Price
Posted Aug 14, 2026 · 11 days ago
3 bd
·
2 ba
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