$1,250,000
516 Lynett Cres
Richmond Hill, ON L4C 2V9
516 Lynett Cres, Richmond Hill — Listed at $1,250,000. 6 bedroom, 3 bathroom Bungalow Detached. MLS® N14149848.
Possession · seller's timeline
90+ days (90-120 TBA)
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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
Property Insights
Listing Courtesy of: RE/MAX EXCEL REALTY LTD.
MLS® #N14149848
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HouseIndex Take: 516 Lynett Crescent
This detached (Bungalow) is located in the Crosby neighbourhood of Richmond Hill.
The home offers 6+2 bedrooms, 3 bathrooms.
Features include a separate entrance, apartment basement, 5.5 parking spaces including a 1.5-car garage, a fireplace.
Additional details: lot dimensions of 50 × 100 feet.
Listed at $1,250,000 CAD with annual property taxes of $5,792.9 (2026).
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About Richmond Hill Real Estate
This Detached is located in the Crosby community in Richmond Hill. Richmond Hill sits at the heart of York Region, offering a mix of estate homes, townhome communities, and new condo developments along Yonge Street. The city is well-served by the Richmond Hill GO line and Viva BRT. David Dunlap Observatory lands provide green space, while the Yonge/16th corridor is evolving into a vibrant urban centre. Detached homes in Richmond Hill are in high demand among families seeking space, privacy, and long-term equity growth.