383 Neal Drive Unit Basement, Richmond Hill

Price: $2,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N12897388

A newly renovated, very spacious 2-bedroom basement apartment in the highly demanded Crosby neighbourhood featuring a private entrance, 2 parking spots, and ensuite laundry and 2GB/s Speed High Speed Internet Included. Enjoy an open-concept layout with high ceilings, vinyl flooring, and abundant natural light. The primary bedroom has his and hers closets, while the second bedroom offers a large closet. Take advantage of the spacious laundry room for additional storage needs. Located in the best school zones, just a one-minute walk to the bus stop and a quick 5-minute drive to Hwy 404. Surrounded by supermarkets, restaurants, Costco, shopping malls, and the Richmond Hill GO station. Tenant pays 30% of utilities. Electrical Vehicle Charging Parking Available (EV Charger). Photos are virtually staged. The Landlord does not warrant the retrofit status of the basement.

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$2,000/mo - 383 Neal Drive Unit Basement, Richmond Hill

Detached for Rent in Richmond Hill

111 days on market

Neighbourhood: Crosby

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N12897388
Property Type
Detached
Status
active
Days on Site
111
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
UNION CAPITAL REALTY
Description

A newly renovated, very spacious 2-bedroom basement apartment in the highly demanded Crosby neighbourhood featuring a private entrance, 2 parking spots, and ensuite laundry and 2GB/s Speed High Speed Internet Included. Enjoy an open-concept layout with high ceilings, vinyl flooring, and abundant natural light. The primary bedroom has his and hers closets, while the second bedroom offers a large closet. Take advantage of the spacious laundry room for additional storage needs. Located in the best school zones, just a one-minute walk to the bus stop and a quick 5-minute drive to Hwy 404. Surrounded by supermarkets, restaurants, Costco, shopping malls, and the Richmond Hill GO station. Tenant pays 30% of utilities. Electrical Vehicle Charging Parking Available (EV Charger). Photos are virtually staged. The Landlord does not warrant the retrofit status of the basement.

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

383 Neal Drive Unit Basement, Richmond Hill

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$2,000/mo
↓ Below typical 2-bed market rent
Annual Rent Cost
$24,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$2,000/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$2,130/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Rent

At $2,000/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Richmond Hill. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Negotiation Opportunity

At 111 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    383 Neal Drive Unit Basement, Richmond Hill | $2,000 | Battaglia Team