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New2 days ago

274 Demaine Crescent

Crosby, Richmond Hill

$949,900

Semi-Detached |2-Storey
3 | 4 | 5
About this home

Rare investment or end-user opportunity in Richmond Hill's sought-after Crosby community! This unique 2-storey semi-detached residence boasts an expansive layout offering approx. 1,812 sq. ft. of above-grade living space on a premium, pool-sized pie lot that widens significantly at the rear. The bright main level features a functional open-concept kitchen and spacious living/dining area, ideal for family gatherings, along with 2 main-floor bedrooms, a full 4-piece bathroom, plus a convenient 2-piece powder room. Dedicated entirely to the upper level addition (added approx. 2014/2015) is a private primary suite retreat complete with a 3-piece ensuite bath with glass enclosed shower and a large walk-in closet. The fully finished basement provides exceptional extended space featuring a second kitchen, large sitting area, full 4-piece bathroom, and flexible layout for up to 3 additional bedrooms/bonus rooms, perfect in-law space or use for multi-generational living arrangements. Outdoor space offers a fully fenced yard with room for a pool and driveway parking for up to 5 cars. Unbeatable location steps to top-tier schools including Crosby Heights P.S. and Bayview Secondary School district. Minutes to Yonge St shops, dining, public transit, Richmond Hill GO Station, Newkirk Park, and easy highway access. Don't miss this incredible opportunity where you are paying semi-detached price for a home that has more square footage and a bigger lot than many detached homes! Some images have been virtually staged. VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,936
Lot Size23 ft x 93.5 ft
mls© NumberN14080260
Listed ByCENTURY 21 HERITAGE GROUP LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,862
Property tax
$495
Heat allowance
$150
Housing costs
$5,507 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $189,980
25-yr amortization

Income needed

$169,000

gross annual household income

Payment at 4%
$3,997 / mo
Cash down
$189,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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