302 Demaine Cres, Richmond Hill - Semi-Detached Home

302 Demaine Cres

LocationCrosby, Richmond Hill, L4C 2W5
$899K For Sale
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Description

Welcome To This Beautifully Upgraded 3-Bedroom Semi-Detached Home In Richmond Hill's Highly Sought-After Crosby Community! Featuring A Bright, Open-Concept Main Floor, A Modern Kitchen With Quartz Countertops And Centre Island, Updated Flooring, Renovated Washrooms, Pot Lights And Stylish Finishes Throughout. The Separate-Entrance Basement Offers Two Additional Bedrooms, A Full Kitchen And Excellent In-Law Or Extended-Family Potential. Conveniently Located Near Top-Ranked Bayview Secondary School, Richmond Hill GO Station, Parks, Shopping And Transit. An Investor Home Offering Convenience And Versatility!

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 2
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 37.50 x 100.00 Feet
  • Lot Depth
    Space: 700-1100
  • Tax Amount
    Tax: $ 4848.62
  • MLS
    N13821020
  • Listing contracted with: RE/MAX ELEVATE
Bathroom Pieces Level
1xBath4 pcs

Main

1xBath4 pcs

Basement



Property Summary

Located close to the intersection of Newkirk Rd and Crosby Ave, 302 Demaine Cres is a 3+2 bedrooms 2 washrooms Semi-Detached. The property basement is Apartment Separate Ent. The property has many nice features including None. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 15.3% compared with the same period last year.

Rent levels have decreased 20% compared with the same period last year.

Recent Comparable Value Range
$630,000 – $980,000
Recent 6-Month Rent Range
$1,700 – $2,700/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
3 Days
Similar homes are selling in about 3 days, faster than the same period last year.
Price Position
11.7% Higher
The asking price is above the estimated value of comparable homes.

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 (1.5km) - Free Parking available, parking lots: 2004

Location





Community Overview

302 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. Homeownership in Crosby split into 66% owners and 34% renters. In past 3 months, 4 Semi-Detached homes were sold at average of $840K. Visible minorities make up around half of the population. In 302 Demaine Cres neighbourhood, you will find many residents are Chinese, Scottish, English, Canadian, and Iranian. Public transit is also convenient, and around 10 York Regional Bus lines are running through the community. Town Park at the south corner of Crosby also has baseball courts, tennis courts, Richmond Hill Figure Skating Club, a lawn bowling club and a children's playground. 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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