183 Sussex Avenue, Richmond Hill

Price: $1,390,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13427526

Prime Lot 50 x 158 ( 7,900 Sf ). Perfect W/Unlimited Potential For Those Who Want To Renovate And Embrace Their Creative Vision Or Building Your Dream Homes. Like Many Others In This Sought-After, Tree-Lined, Family-Friendly-Prestigious Neighborhood W/Many Multi Million $$ Homes. Walk To Go Train, Near Yonge, Bayview, Park , Transit $ School. Located In Prestigious Bayview Secondary School W/International Baccalaureate Program.

183 Sussex Avenue - Detached photo 1 of 2 in Richmond Hill, Ontario
183 Sussex Avenue - Detached photo 2 of 2 in Richmond Hill, Ontario
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$1,390,000 - 183 Sussex Avenue, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: Crosby

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13427526
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Lot Size
7,901 sqft
Listing Brokerage
T-ONE GROUP REALTY INC.,
Description

Prime Lot 50 x 158 ( 7,900 Sf ). Perfect W/Unlimited Potential For Those Who Want To Renovate And Embrace Their Creative Vision Or Building Your Dream Homes. Like Many Others In This Sought-After, Tree-Lined, Family-Friendly-Prestigious Neighborhood W/Many Multi Million $$ Homes. Walk To Go Train, Near Yonge, Bayview, Park , Transit $ School. Located In Prestigious Bayview Secondary School W/International Baccalaureate Program.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,148.44/mo

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5-yr fixed avg.

Principal: $1,112,000Interest: $732,532
Mortgage Amount$1,112,000
Total Interest$732,532
Est. Property Tax$985/mo
Total Cost$1,844,532

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

183 Sussex Avenue, 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)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$985
Insurance (est.)-$290
Net Cash Flow+$1,925

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

Premium Pricing

At $1986/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 27 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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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    183 Sussex Avenue, Richmond Hill | $1,390,000 | Battaglia Team