341 Blue Grass Boulevard, Richmond Hill, ON

Crosby, Richmond Hill · MLS® N13826364

$879,000
For Sale
Listed 25 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
4Parking
700-1100Sq ft

About this home

In short

  • This fantastic 3+2 bedroom, 2 bathroom, 2 kitchen semi-detached bungalow features a large 37.5 x 100 lot and bright East exposure within the highly sought-after...
  • A massive, fully finished 2-bedroom basement apartment is complete with a large living room, its own kitchen, a bathroom, and a separate entrance-ideal for...
  • Currently tenanted by an A+ renter generating $1,800/month.
  • Keep it as a fantastic cash-flowing investment, The tenant will move out with N11 signed.
  • Steps to public transit, including YRT and GO Train access, and just minutes to Crosby Park, Centennial Pool, Richmond Hill Lawn Tennis Club, and Crosby Soccer Fields.

This fantastic 3+2 bedroom, 2 bathroom, 2 kitchen semi-detached bungalow features a large 37.5 x 100 lot and bright East exposure within the highly sought-after Bayview Secondary School district. $$$ in updates offer modern finishes and true move-in-ready comfort. The main floor boasts a brand-new kitchen featuring pristine quartz countertops and modern cabinetry, plus a newly renovated bathroom. Freshly painted walls and the open-concept living and dining area feature a large window that fills the main level with abundant natural light, enhanced by brand-new pot lights installed throughout the main floor, creating a bright and modern atmosphere. A massive, fully finished 2-bedroom basement apartment is complete with a large living room, its own kitchen, a bathroom, and a separate entrance-ideal for multi-generational living. Currently tenanted by an A+ renter generating $1,800/month. Keep it as a fantastic cash-flowing investment, The tenant will move out with N11 signed. Additional capital updates include: Newer Roof & Insulation (Sept 2021), High-Efficiency Furnace & Hot Water Tank (Oct 2021), and an upgraded Energy-Saving Heat Pump A/C (Nov 2024). The outdoor space with beautiful interlocking (2023) throughout the front and back yards provides four additional parking spaces in the driveway and an exceptionally private space for relaxing or entertaining family and friends. Enjoy walkability to top-rated schools, including Crosby Heights P.S. (Gifted Program), Bayview S.S. (IB Program), Michaëlle Jean Public School (French Immersion), and Beverley Acres P.S. (French Immersion). Steps to public transit, including YRT and GO Train access, and just minutes to Crosby Park, Centennial Pool, Richmond Hill Lawn Tennis Club, and Crosby Soccer Fields. Conveniently close to shopping centres, grocery stores, Costco, and numerous parks-everything your family needs is right at your doorstep.

Key facts

Property type
Semi-Detached, Bungalow
MLS®
N13826364
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
37.5 × 100 ft
Cross streets
Bayview/Elgin Mills
Parking
4 parking
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,466 / 2026
Days on market
25
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 2Main2.94 × 2.66 m

laminate · closet · window

BedroomBasement3.60 × 3.10 m

laminate · window · closet

RecreationBasement6.64 × 4.42 m

laminate · window · closet

KitchenMain4.21 × 3.30 m

stainless steel appl · eat-in kitchen · laminate

Primary BedroomMain3.93 × 3.04 m

laminate · double closet · window

Dining RoomMain6.85 × 3.82 m

combined w/living · laminate · open concept

Living RoomMain6.85 × 3.82 m

combined w/dining · laminate · bay window

Bedroom 3Main3.17 × 2.43 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
In line with recent sales
$853Kautomated estimate, from recent sales

Listed at $879,000, about 3% above our estimate of $853K (homes like it typically land between $799K and $893K).

Why $853K. The typical semi-detached home sold in Crosby over the past year went for about $890K (22 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $4,466 a year; the typical home sold here pays about $4,700.
List price
$799KBelow our range$893KAbove our range

Total price vs nearby homes. Fair value about $853K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
25days on market so far
$2,075/moest. rent · 5 leases
2.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 5 semi-detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $977/sqft against an area asking average of $932/sqft.

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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $827K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.

Based on 4 homes sold on this street over the past two years, plus 1 nearby in Crosby, from 49 closings in Crosby.

What sellers nearby are askingCurrently listed nearby in Crosby · asking prices
$849kavg asking

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 $943/sqft; this home lists at $977/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
879kThis home899k948k699kThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Richmond Hill: $960K in September 2026, level with a year ago, on 72 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.00M11
November 2025$1.02M5
March 2026$1.11M10
May 2026$956K11
June 2026$1.05M8
July 2026$1.05M13
August 2026$1.03M7
September 2026$960K7

Neighbourhood & location

Crosby, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Oak Ridges Lake Wilcox
$1.10M
Oak Ridges
$1.28M

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) →

Affordability & Mortgage

Affordability
$4,006/mo
$168KIncome needed
5.2×Price ÷ income
$925Weekly cost
$14,055Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $4,006Property tax $372Total carry $4,378

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,888per month

Mortgage amount $703,200 · 4.49% over 25 years

$175,800Down payment (20.0%)
$703,200Loan before insurance
$0CMHC premium
$4,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,888
Property tax
$372
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,260

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,055
Estimated closing costs
$14,055

Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,706/monthPayment at the qualifying rate

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

$463,234Total interest paid
$1,166,434Total of all payments
Principal $703,200 Interest $463,234
YearPrincipalInterestBalance
1$15,692$30,965$687,508
2$16,405$30,252$671,103
3$17,150$29,508$653,953
4$17,928$28,729$636,024
5$18,742$27,915$617,282
6$19,593$27,064$597,688
7$20,483$26,174$577,205
8$21,413$25,244$555,792
9$22,385$24,272$533,407
10$23,402$23,256$510,005
11$24,464$22,193$485,541
12$25,575$21,082$459,966
13$26,736$19,921$433,230
14$27,950$18,707$405,280
15$29,219$17,438$376,060
16$30,546$16,111$345,515
17$31,933$14,725$313,582
18$33,383$13,275$280,199
19$34,898$11,759$245,301
20$36,483$10,174$208,818
21$38,139$8,518$170,678
22$39,871$6,786$130,807
23$41,681$4,976$89,126
24$43,574$3,084$45,552
25$45,552$1,105$0

At the end of your 5-year term

Total paid over the term
$233,287
Principal paid down
$85,918
Interest paid
$147,369
Balance remaining
$617,282

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.

Let's connect

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

Rental yield
From 5 whole-home leases in Crosby$2,075/mo
$24,900Gross annual rent
1.9%Cap rate after taxes and upkeep
$1,826 to $2,324Typical rent range
~38 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Crosby signed at a median of $2,126 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,075. 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.

2.8%
Gross yield
− Property tax $4,466− Insurance $1,400− Vacancy & upkeep $2,739Net operating income $16,295

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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