274 Demaine Cres, Richmond Hill - Semi-Detached Home

274 Demaine Cres

LocationCrosby, Richmond Hill, L4C 2W5
$949.9K For Sale
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Description

Rare investment or end-user opportunity in Richmond Hill's sought-after Crosby community! This unique 2-storey semi-detached residence boasts an expansive layout offering approx. 1,812 sq. ft. of above-grade living space on a premium, pool-sized pie lot that widens significantly at the rear. The bright main level features a functional open-concept kitchen and spacious living/dining area, ideal for family gatherings, along with 2 main-floor bedrooms, a full 4-piece bathroom, plus a convenient 2-piece powder room. Dedicated entirely to the upper level addition (added approx. 2014/2015) is a private primary suite retreat complete with a 3-piece ensuite bath with glass enclosed shower and a large walk-in closet. The fully finished basement provides exceptional extended space featuring a second kitchen, large sitting area, full 4-piece bathroom, and flexible layout for up to 3 additional bedrooms/bonus rooms, perfect in-law space or use for multi-generational living arrangements. Outdoor space offers a fully fenced yard with room for a pool and driveway parking for up to 5 cars. Unbeatable location steps to top-tier schools including Crosby Heights P.S. and Bayview Secondary School district. Minutes to Yonge St shops, dining, public transit, Richmond Hill GO Station, Newkirk Park, and easy highway access. Don't miss this incredible opportunity where you are paying semi-detached price for a home that has more square footage and a bigger lot than many detached homes! Some images have been virtually staged. VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 23.00 x 93.50 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 5936.41
  • MLS
    N14080260
  • Listing contracted with: CENTURY 21 HERITAGE GROUP LTD.
Room Size(M) Description
Living Rm4.16x4.15

Hardwood Floor, Open Concept

Kitchen6.15x5.07

Centre Island, Hardwood Floor, Granite Counters

2nd Br3.15x3.02

Hardwood Floor

3rd Br3.27x2.97

Hardwood Floor

Dining Rm3.27x2.88

W/O To Deck

Primary B5.84x4.95

4 Pc Ensuite, Walk-In Closet(s), Hardwood Floor

Sitting3.07x2.24

Hardwood Floor

4th Br3.91x2.14



Bathroom Pieces Level
1xBath3 pcs

Second

1xBath4 pcs

Main

1xBath2 pcs

Main

1xBath4 pcs

Lower



Property Summary

Located close to the intersection of S of Elgin Mills btw Yonge & B, 274 Demaine Cres is a 3+3 bedrooms 4 washrooms Semi-Detached. The property has many nice features including In-Law Suite. Living Room Rm, Kitchen, second bedroom, third bedroom and Dinning Room Rm are on the Main floor; fourth bedroom is on the Lower floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 8.3% compared with the same period last year.

Rent levels have increased 16.1% compared with the same period last year.

Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan
Recent 6-Month Rent Range
$2,600 – $2,950/month

How This Home Compares

Market Temperature
Strong Buyer's Market
Strong SellerSellerBalancedBuyerStrong Buyer
High inventory strongly favours buyers of similar homes.
Typical Selling Time
11 Days
Similar homes are selling in about 11 days, faster than the same period last year.
Price Position
Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan

Local Area Profile

This property is located in an area with a mix of homeowners and renters with housing consisting mainly of apartments and condominiums. Approximately 41% of residents hold a bachelor's degree or higher, while about 19% have a college credential. The large majority of local commuters travel by car.





School Information



Commute Information

GTA Go Train Richmond Hill Go Train Station (1.4km) - Free Parking available, parking lots: 2004

Location





Community Overview

274 Demaine Cres is at the Heart of Crosby Community. Crosby community runs from Yonge St on the West to Major Mackenzie in the south, Bayview on the East, and Elgin Mills on the north. The community has a rich history and is one of Richmond Hill's oldest neighbourhoods. The home in the oldest neighbourhood date back to the 1800s. About a third of properties in Crosby is single detached homes, while semi-detached homes are centralized East of Newkirk Rd and North of Crosby Ave of Richmond Hill. In past 3 months, 3 Semi-Detached homes were sold at average of $816.67K. English is the native language for around 54% of residents. In 274 Demaine Cres neighbourhood, you will find many residents are Chinese, Scottish, English, Canadian, and Iranian. Richmond Hill Go Station is sitting at the south end of the community. There are amazing parks and recreational facilities in the Crosby community. Along Yonge Street, one can easily find mixed of Shops, banks, supermarkets and restaurants. The Crosby is a mature community between Yonge Street and Bayview Avenue. It comprises a variety of homes where the oldest can date back to the two centuries ago. Though many houses are aged, investors and first-time home buyers can find the right type of houses with more oversized lots and huge backyards.


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