ATTENTION INVESTORS & END-USERS: OVER $120,000 INVESTED IN LEGALIZATION & TOTAL RENOVATION OF TWO BASEMENT APARTMENTS! Presenting a turnkey detached bungalow in Richmond Hill re-engineered into 4 self-contained living spaces generating up to $7,600 in monthly revenue. Rare investment and multi-family opportunity in prime Richmond Hill! Beautifully updated detached bungalow featuring FOUR self-contained units designed for high-yield cash flow or luxury multi-generational living with potential gross income of ~$7,600/month ($91,200/year)!LOWER LEVEL UNITS: Over $120,000 invested to fully renovate and officially legalize two stunning 1-bedroom basement apartments (projected rent $1,600/month each). Both suites are fully code-compliant with municipal building permits and sign-offs, featuring separate entrances, proper fire separation assemblies, and updated mechanicals.MAIN FLOOR UNIT: Spacious 3-bedroom, 1-bathroom residence with modern finishes. Currently tenanted at $2,900/month (AAA tenant on a monthly agreement-willing to stay for turnkey income or vacate for end-user buyer).MAIN FLOOR BACHELOR: Private, self-contained studio with separate entrance and private bathroom (projected rent $1,500/month).Located minutes to top-rated schools, parks, GO Transit, and major retail corridors. Move into the main unit and let the lower suites pay your mortgage, or lease all 4 units for exceptional cap rates. Full municipal permit documentation available! Full municipal legalisation, building permits, and inspection sign-offs available upon request. Please attach Schedule B to all offers. 24-hr notice required for main floor showings. Flexible closing available.
Data was last updated November 11, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,250,000
Min list price:
$918,000
Max list price:
$2,999,000
Avg days on market:
51
Min days on market:
7
Max days on market:
470
These statistics are generated based on the current listing's property type
and located in
Crosby. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.