361 Blue Grass Boulevard, Richmond Hill

Price: $749,000

4 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: N13699270

Attention investors, renovators, and builders! Discover the incredible potential of this 2+2 bedroom, 2-bathroom detached home nestled in the highly desirable Crosby community of Richmond Hill. Situated on a family-friendly street, this property presents a fantastic opportunity to renovate, customize, or add value in one of Richmond Hill's most sought-after neighbourhoods.Offering a functional and versatile layout, the main floor features two bedrooms, a full bathroom, a spacious living and dining area, and a bright kitchen with plenty of potential. The finished basement with a separate entrance provides exceptional flexibility, complete with two additional bedrooms, a second kitchen, a full bathroom, and a generous recreation area - perfect for extended family, a potential in-law suite, rental income opportunity, or additional living space.This home is ideal for those with a vision looking to transform a property into their dream home or create a profitable investment opportunity. With a private backyard, mature surroundings, and a desirable location, the possibilities are endless.Located in a family-oriented neighbourhood close to highly regarded schools, parks, shopping, public transit, and everyday amenities. Enjoy the convenience of being minutes from major roadways while experiencing the charm and community feel that Crosby is known for.A rare opportunity to secure a detached home in Richmond Hill with tremendous potential - bring your ideas, unlock the possibilities!

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active
New Listing
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$749,000 - 361 Blue Grass Boulevard, Richmond Hill

Semi-Detached for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: Crosby

4Beds
3Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
N13699270
Property Type
Semi-Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Attention investors, renovators, and builders! Discover the incredible potential of this 2+2 bedroom, 2-bathroom detached home nestled in the highly desirable Crosby community of Richmond Hill. Situated on a family-friendly street, this property presents a fantastic opportunity to renovate, customize, or add value in one of Richmond Hill's most sought-after neighbourhoods.Offering a functional and versatile layout, the main floor features two bedrooms, a full bathroom, a spacious living and dining area, and a bright kitchen with plenty of potential. The finished basement with a separate entrance provides exceptional flexibility, complete with two additional bedrooms, a second kitchen, a full bathroom, and a generous recreation area - perfect for extended family, a potential in-law suite, rental income opportunity, or additional living space.This home is ideal for those with a vision looking to transform a property into their dream home or create a profitable investment opportunity. With a private backyard, mature surroundings, and a desirable location, the possibilities are endless.Located in a family-oriented neighbourhood close to highly regarded schools, parks, shopping, public transit, and everyday amenities. Enjoy the convenience of being minutes from major roadways while experiencing the charm and community feel that Crosby is known for.A rare opportunity to secure a detached home in Richmond Hill with tremendous potential - bring your ideas, unlock the possibilities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

361 Blue Grass Boulevard, 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)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,513

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 $1070/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Bathroom Count Matters

With 3 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.

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    361 Blue Grass Boulevard, Richmond Hill | $749,000 | Battaglia Team