254 Demaine Crescent

Welcome to 254 Demaine Crescent, Richmond Hill! This immaculately renovated semi-detached bungalow is an absolute gem, offering a brilliant opportunity for first-time buyers or savvy investors. Nestled in the highly sought-after community of Crosby, this house for sale in Richmond Hill boasts a legal basement that spans a generous 1,167 sq. ft., making it an ideal choice for those looking to maximise their investment potential.

As you step inside, you’ll be greeted by a spacious layout that features three well-sized bedrooms and three bathrooms, perfect for accommodating families or guests. The house for sale in Richmond Hill is designed with comfort in mind, with modern updates throughout. You’ll appreciate the two kitchens, which provide ample space for culinary adventures, whether you’re whipping up a family meal or preparing a feast for friends. Although there’s no additional kitchen, the existing ones are more than sufficient for any home cook.

The property features a separate entrance leading to the basement apartment, ensuring privacy for both units. This thoughtful design includes soundproof ceilings and walls that significantly reduce noise transfer, allowing for a peaceful living environment. The legal basement is a standout feature, complete with its own laundry facilities and two full bathrooms, presenting an excellent opportunity to generate higher rental income. This house for sale in Richmond Hill is not just a home; it’s a potential income generator!

The exterior of the property is clad in brick, providing both durability and aesthetic appeal. The lot measures 38 X 100 feet, offering a good amount of outdoor space for relaxation or gardening. While there’s no pool or garage, the driveway accommodates up to four cars, which is a real bonus in this bustling area. The fenced backyard also includes a shed for extra storage, making it easy to keep your outdoor space tidy.

In terms of amenities, 254 Demaine Crescent, Richmond Hill is ideally located close to Bayview Secondary School, Mackenzie Health Hospital, and a variety of parks. Essential amenities are just a stone’s throw away, ensuring that you have everything you need within easy reach. Plus, with the Richmond Hill GO Station nearby and major roads, including Hwy 404, just a short drive away, commuting is a breeze.

The house for sale in Richmond Hill is equipped with central air conditioning, ensuring you stay cool during those hot summer months. The heating system is forced air, providing efficient warmth in the winter. The property is connected to municipal water and sewer, making it a hassle-free choice for any homeowner. Although it’s unfurnished, this blank canvas allows you to add your personal touch and style, making it truly your own.

With a newer furnace, hot water heater, windows, electrical panel, roof, and attic insulation, you can rest assured that this home is not only modern but also energy-efficient. The updates throughout the house ensure that you won’t have to worry about major repairs for years to come.

In summary, 254 Demaine Crescent, Richmond Hill is a fantastic opportunity to own a home in a high-demand area at an affordable price. With its spacious layout, income potential, and prime location, this house for sale in Richmond Hill is a rare find. Don’t miss your chance to make this beautiful bungalow your own and enjoy long-term value and customization potential in a vibrant community. Whether you’re looking to settle down or invest, this property is sure to tick all the right boxes!

Crosby, nestled within the vibrant city of Richmond Hill, offers a charming blend of suburban tranquillity and urban convenience. This picturesque neighbourhood is characterised by its tree-lined streets, well-maintained parks, and a variety of local amenities, making it an ideal place for families and individuals alike. Residents enjoy easy access to shopping centres, schools, and recreational facilities, all while being just a short drive from the bustling heart of Toronto. With a strong sense of community spirit and a diverse population, Crosby is a welcoming locale that provides a perfect balance of peaceful living and connectivity to the wider city.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within just 0.4 km, Crosby Heights Public School offers elementary education (JK to 8) under the York District Region School Board, although it has a moderate school rating of 5.7. For secondary education, Bayview Secondary School, situated 1.6 km away, boasts an impressive rating of 9.4, ensuring a strong academic environment for students in grades 9 to 12. Additionally, Corpus Christi CES, a Catholic elementary school, is only 1.3 km from the property and has a solid rating of 8.8. Our Lady Queen of the World CA, a Catholic secondary school, is conveniently located just 1.0 km away, with a rating of 8. Families seeking a French-language education can consider Victoria Square Public School and St. Marguerite d’Youville CES, although they are slightly further away at 4.9 km and 3.6 km, respectively. Overall, the proximity to a variety of quality educational institutions enhances the appeal of this property for potential buyers with children.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 630 residents, with an average household size of 2.8 individuals. The demographic profile reveals an average age of 38.2 years, indicating a relatively young community. The average household income stands at $93,000, with 9.6% of the population classified as low-income. The real estate market reflects a median home price of $880,000, appealing to a diverse range of buyers. Approximately 48.54% of the population is single, while 50% of households include children, highlighting a family-friendly environment. Notably, immigrants make up 48.82% of the community, contributing to its cultural diversity. The rental market is significant, with 42.22% of residents renting their homes, and condos representing 4.44% of the housing stock. Educational attainment is high, with 58.65% of residents holding a college or university degree. However, 28.85% of the population is not in the labor force, which may indicate a mix of retirees, students, or individuals pursuing other interests. Overall, this area presents a vibrant community with a blend of families, young professionals, and a diverse population.