165 Stephenson Crescent, Richmond Hill

Price: $1,188,000

4 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13432264

Spend so much money in extensively renovations with quality upgrades throughout, including new hardwood flooring, a modern kitchen, updated bathrooms, and brand-new windows. 3 Bedroom opened and added up to 2nd bedroom in order to make large bedroom, easily can be converted back to original 3rd bedroom. Conveniently located close to all amenities, including shopping centers, public transit, GO Train station, churches, schools, and more. The basement is currently tenanted, with the tenant willing to stay or vacate. Enjoy a fully fenced backyard in a quiet, family-friendly Neighbourhood. A lot more to discover.

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$1,188,000 - 165 Stephenson Crescent, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: Crosby

4Beds
4Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13432264
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Spend so much money in extensively renovations with quality upgrades throughout, including new hardwood flooring, a modern kitchen, updated bathrooms, and brand-new windows. 3 Bedroom opened and added up to 2nd bedroom in order to make large bedroom, easily can be converted back to original 3rd bedroom. Conveniently located close to all amenities, including shopping centers, public transit, GO Train station, churches, schools, and more. The basement is currently tenanted, with the tenant willing to stay or vacate. Enjoy a fully fenced backyard in a quiet, family-friendly Neighbourhood. A lot more to discover.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,254.92/mo

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5-yr fixed avg.

Principal: $950,400Interest: $626,077
Mortgage Amount$950,400
Total Interest$626,077
Est. Property Tax$842/mo
Total Cost$1,576,477

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Crosby

Discover Crosby

Crosby is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Crosby

  • Convenient location in Richmond Hill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Crosby offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

165 Stephenson Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,110

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1080/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Crosby

I know Crosby well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    165 Stephenson Crescent, Richmond Hill | $1,188,000 | Battaglia Team