115 Crosby Avenue, Richmond Hill, ON

Crosby, Richmond Hill · MLS® N13858070

$999,000
For Sale
Listed 17 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

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.
  • Fresh Painted Walls(2026), New Gas Stove(2026), New Dishwasher(2026), Newer Fridge, Newer Roof(2022), Newer Paint(2022), Newer Wood Stairs On Main Floor(2022), Newer...

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. Fresh Painted Walls(2026), New Gas Stove(2026), New Dishwasher(2026), Newer Fridge, 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), Newer Installed Bathroom On 2nd Floor.

Key facts

Property type
Detached, 2-Storey
MLS®
N13858070
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
50 × 125 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
17
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

RecreationBasement0.00 × 0.00 m

marble floor · 4 pc ensuite · fireplace

Primary BedroomSecond0.00 × 0.00 m

laminate · large window · 4 pc ensuite

Bedroom 2Second0.00 × 0.00 m

laminate · large window · 4 pc bath

KitchenGround0.00 × 0.00 m

marble floor · stainless steel appl · modern kitchen

Living RoomGround0.00 × 0.00 m

hardwood floor · combined w/dining · picture window

DenGround0.00 × 0.00 m

marble floor · w/o to yard · 2 pc ensuite

Bedroom 3Second0.00 × 0.00 m

laminate · large window · closet

Dining RoomGround0.00 × 0.00 m

hardwood floor · combined w/living · overlooks frontyard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Crosby · asking prices
$1.14Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $704/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
999kThis home1.09M1.08M999k1.30M1.25MThis home vs active comparables

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.

Mill Pond
$1.56M
Rouge Woods
$1.77M
Westbrook
$1.58M
Observatory
$2.02M
North Richvale
$1.46M

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
$4,553/mo
$192KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
$16,455Land 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 $4,553Property tax $461Total carry $5,014

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)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,879Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$461
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,879

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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
Estimate$3,150/mo
$37,800Gross annual rent
2.7%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $5,526− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,716

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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