97 Centre Street, Richmond Hill, ON
Crosby, Richmond Hill · MLS® N13023368
About this home
In short
- Property nestled in a peaceful and safe family-friendly neighborhood, this stunning residence offers a rare combination of charm, character, and modern luxury.
- The open concept layout creates a seamless flow between rooms, making it ideal for both everyday living and entertaining.
- Main floor high ceilings, gleaming floors, and large windows further enhance the airy feel of the home.
- 2-minute walk to downtown Herat of Richmond Hill.
- Your Own Private Backyard Oasis Step outside into the backyard, where you'll find your own private retreat.
Property nestled in a peaceful and safe family-friendly neighborhood, this stunning residence offers a rare combination of charm, character, and modern luxury. The open concept layout creates a seamless flow between rooms, making it ideal for both everyday living and entertaining. The kitchen is a chefs dream, with sleek countertops, and plenty of cabinet space for all your culinary tools. Combined with dining and living areas, making it easy to stay connected with guests or family members. Main floor high ceilings, gleaming floors, and large windows further enhance the airy feel of the home. One of the standout features of this property is its location. 2-minute walk to downtown Herat of Richmond Hill. Families will appreciate the proximity to top-rated schools and recreational parks, while commuters will love the convenience of being just moments away from major highways (404, 407 & 7) and public transportation options, including the nearby Go Station. Additionally, key facilities such as a hospital, police station, medical labs, local Art Centre, or needing convenient access to schools, parks, shopping, and a variety of amenities, everything is within easy reach and easy access to essential services. Your Own Private Backyard Oasis Step outside into the backyard, where you'll find your own private retreat. Surrounded by mature trees, this outdoor sanctuary is perfect for relaxing, entertaining, or enjoying nature in the comfort of your own home. A spacious terrace wraps around the house, offering plenty of room for outdoor dining, lounging, or hosting gatherings with family and friends. The large, serene backyard also features a hot tub, allowing you to unwind and soak away the stresses of the day. Whether you want to enjoy a peaceful evening under the stars or cozy up by the wood-burning fireplace on a cool night, this backyard has everything you need to create lasting memories.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13023368
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 50 × 144 ft
- Cross streets
- Yonge and Major Mackenzie
- Parking
- 1 garage · 6 parking (detached)
- Driveway
- Available, Private
- Basement
- Finished, Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,788 / 2025
- Days on market
- 152
- Listing brokerage
- ROYAL TEAM REALTY INC.
Rooms
window · combined w/dining · pass through
window · overlooks backyard · laminate
2 pc bath · open concept · walk-out
b/i closet · large window · vinyl floor
walk-in closet(s) · large window · vinyl floor
b/i closet · large window · vinyl floor
walk-in closet(s) · carpet free · 3 pc ensuite
fireplace · double doors · window
gas fireplace · overlooks backyard · 2 pc bath
combined w/family · walk-out · window
Listed at $1,748,000. Recent sales of homes like it put this home around $1.28M, so the ask is about 37% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.
Longer on the market than typical. 152 days on the market against about 35 for homes like it here, and asking 37% above where comparable closings put it.
Total price vs nearby homes. Fair value about $1.28M, learned from recent GTA sales.
The market behind the math:
About 0.9 months of inventory: 6 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $777/sqft against an area asking average of $595/sqft. Size and $/sqft both feed the estimate above.
- basement apartment features. A finished 1 bed basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Crosby: 78 of the 294 detached leases here lately were basement units, around $1,750 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.05M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Alexander Mackenzie HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 12 comparable homes that sold in Crosby over the past two years, from 94 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.31M, which is where my estimate comes from.
Per square foot, these ask about $558/sqft; this home lists at $777/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Crosby, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,398,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,654
- Property tax
- $566
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,220
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,435
- Estimated closing costs
- $31,435
Plus your down payment of $349,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $459,269
- Principal paid down
- $172,902
- Interest paid
- $286,367
- Balance remaining
- $1,225,498
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Crosby (78 of 294 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 7 whole-home leases in Crosby signed at a median of $3,783 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,033. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL TEAM REALTY INC.. MLS®/PropTx.