$2,499/mo - 50 ADDISON Street Unit LOWER, Richmond Hill
Detached for Rent in Richmond Hill
New — Listed yesterdayNeighbourhood: North Richvale
- MLS Number
- N13525356
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
All utilities and high-speed internet are included, so you can enjoy stress-free living without worrying about additional monthly expenses. Welcome to this beautifully furnished 3-bedroom basement unit, offering the perfect blend of comfort, convenience, and modern living. Designed with privacy and functionality in mind, this spacious suite features a private side entrance and an emergency exit for added safety and peace of mind. The interior boasts modern vinyl flooring throughout, creating a clean, stylish, and low-maintenance space that's easy to care for. Windows in almost every room fill the home with natural light, giving the entire unit a bright and welcoming atmosphere. The fully furnished living areas are thoughtfully arranged to provide a cozy and move-in-ready experience. Each bedroom offers space, comfortable furnishings, and a relaxing ambiance, making it ideal for small families, students, or working professionals looking for a turnkey home. The open-concept living and dining area flows seamlessly into a well-equipped kitchen, offering the perfect setup for everyday living or entertaining guests. Located in a quiet, family-friendly neighborhood, this basement unit is close to schools, parks, shopping centers, and public transportation-making commuting and daily errands a breeze. Whether you're seeking a comfortable long-term rental or a temporary home that's ready to move in, this 3-bedroom basement suite checks all the boxes for modern, affordable living.
Discover North Richvale
North Richvale 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 North Richvale
- •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
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
North Richvale 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.
50 ADDISON Street Unit LOWER, Richmond Hill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,499/mo, this is priced below the typical 3-bedroom rent of ~$3,500/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About North Richvale
I know North Richvale 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.