115 Crosby Avenue, Richmond Hill, ON
Crosby, Richmond Hill · MLS® N13522926
About this home
In short
- Great Opportunities for Developer/Builder & Value-driven Buyers Who Can Enjoy A Convenient Lifestyle While Benefiting from Land Appreciation.
- Large Lot w Front 50 Ft And Rear 64.79 Ft, Sunny Bright Cozy House.
- Great For Family Living And Potential For Future Development.
- Newer Roof(2022), Newer Paint(2022), Newer Wood Stairs On Main Floor(2022), Newer Laminate Flr On 2nd Flr(2022), Newer Pot Lights (2022), Newer Toilets(2022), One New...
Great Opportunities for Developer/Builder & Value-driven Buyers Who Can Enjoy A Convenient Lifestyle While Benefiting from Land Appreciation. Large Lot w Front 50 Ft And Rear 64.79 Ft, Sunny Bright Cozy House. Located Near Yonge And Crosby Ave, Mins Walk To Shops, Restaurants, Cafes, Lcbo, Beer Store, Shopers Drug Mart On Yonge St, Go Train Transit, Churches, Schools, Community Centre. Great For Family Living And Potential For Future Development. Newer Roof(2022), Newer Paint(2022), Newer Wood Stairs On Main Floor(2022), Newer Laminate Flr On 2nd Flr(2022), Newer Pot Lights (2022), Newer Toilets(2022), One New Installed Bathroom On 2nd Flr
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13522926
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 50 × 64.79 ft
- Cross streets
- Bayview/Crosby/Yonge
- Parking
- 1 garage · 3 parking (carport)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,526 / 2025
- Days on market
- 78
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
marble floor · w/o to yard · 2 pc ensuite
laminate · large window · closet
hardwood floor · combined w/dining · picture window
hardwood floor · combined w/living · overlooks frontyard
laminate · large window · 4 pc bath
marble floor · stainless steel appl · modern kitchen
marble floor · 4 pc ensuite · fireplace
laminate · large window · 4 pc ensuite
Listed at $999,999 with no offer date. Homes here have been closing close to ask, so my read is $992K, typically $936K to $1.01M. Comparable closings on their own put this home around $965K, which supports the ask, so this is a firm read.
Longer on the market than typical. 78 days on the market against about 35 for homes like it here, and asking 4% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $992K, from 20 recent closings in this pocket.
The market behind the math:
About 1.2 months of inventory: 8 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 $571/sqft against an area asking average of $721/sqft. Size and $/sqft both feed the estimate above.
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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $945K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
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 20 comparable homes that sold in Crosby over the past two years, from 94 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $670/sqft; this home lists at $571/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
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 $799,999 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,379
- Property tax
- $461
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,839
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Estimated closing costs
- $16,475
Plus your down payment of $200,000. 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
- $262,739
- Principal paid down
- $98,914
- Interest paid
- $163,825
- Balance remaining
- $701,085
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
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 39 whole-home leases in Crosby signed at a median of $2,952 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,461. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.