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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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516 Lynett Crescent Richmond Hill
For SaleRichmond Hill

516 Lynett Crescent Richmond Hill, Detached for Sale

MLS® N14149848

Richmond Hill, ON

3 days on market
$1,250,000
Show on Map
Show on Map
6Beds
3Baths
1,300Sqft
5.5Parking
Detached

Overview· 516 Lynett Crescent Richmond Hill

MLS® #N14149848

Exceptional Three-Unit Detached Property Situated in the highly desirable Crosby community of central Richmond Hill, this unique property sits on a generous 50 x 100 ft lot and offers an exceptional opportunity for investors or multi-generational families seeking additional rental income.Featuring three self-contained living units, each with its own private kitchen, bathroom, and laundry facilities, this property offers excellent rental income potential and outstanding flexibility.The main house offers 3+2 bedrooms & 2 bathrooms, while the detached garage behind features a separate Coach House above, providing a third independent rental unit complete with its own heating system, 60 amps electrical Panel, kitchen, bathroom, and laundry facilities.The property also features a 1.5-car garage, offering parking for one vehicle plus additional storage space. Conveniently located close to Highway 404, schools, parks, shopping centres, Asian supermarkets, banks, restaurants, community centres, hospital, GO Train station, and public transit, providing exceptional convenience for everyday living.Located within the highly Ranked Bayview S.S district.

Inclusions

Existing Light Fixtures. Main Floor: Stove, Fridge, Rangehood Fan, Dishwasher, Washer and dryer. Basement: Stove, Fridge, Rangehood Fan, Washer & Dryer. Coach House: Fridge, Stove, Rangehood, Microwave & Washer. Shed in the Backyard.

Broker

RE/MAX EXCEL REALTY LTD.

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Walk Score®74Very WalkableVery Walkable
Transit Score®42Some TransitSome Transit
Bike Score®45Somewhat BikeableSomewhat Bikeable
Schools819 schools within 1.5 km · nearest 278 m9 schools within 1.5 km · nearest 278 m
Parks605 parks within 1 km · nearest 507 m5 parks within 1 km · nearest 507 m
Convenience384 groceries, cafes and pharmacies within 1 km · nearest 190 m4 groceries, cafes and pharmacies within 1 km · nearest 190 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 516 Lynett Crescent Richmond Hill

Source: MLS® listing data
516 Lynett Crescent Richmond Hill

Detached

516 Lynett Crescent Richmond Hill

Richmond Hill

Type

Detached

Basement

Separate Entrance, Apartment

Parking

Detached (5.5)

Property Tax

~$5,793/yr

Heating

Forced Air

Buying Essentials

Square Feet

1300 sqft

Facing Direction

South

Parking

Detached (5.5)

Finances

List Price

$1,250,000

Price per SQFT

$962/sqft

Property Tax

~$5,793/yr

Property Specs

Property Type

Detached

MLS Size

1300 sqft

Basement

Separate Entrance, Apartment

Living & Amenities

Heating Type

Forced Air

Features

Carpet Free

Policies & Utilities

Neighbourhood

Richmond Hill

Listed On

Nov 4, 2026

Price & Listing History

Days on Market

Current: 3 days

0306090120+

Rooms

Living Room(Main)

Laminate, Combined w/Dining, Large Window

12.0 x 11.3

135 sqft

Kitchen(Main)

Porcelain Floor, Granite Counters, Pot Lights

15.5 x 9.2

142 sqft

Dining Room(Main)

Laminate, Combined w/Living

9.7 x 9.6

93 sqft

Primary Bedroom(Main)

Laminate, Closet, W/O To Yard

13.5 x 9.7

131 sqft

Bedroom 2(Main)

Laminate, Closet, Window

10.9 x 9.0

99 sqft

Bedroom 3(Main)

Laminate, Closet, Window

10.2 x 9.0

92 sqft

Recreation(Basement)

Tile Floor, Combined w/Kitchen, Fireplace

16.4 x 11.0

180 sqft

Kitchen(Basement)

Tile Floor, Combined w/Rec, Window

14.2 x 8.9

126 sqft

Bedroom 4(Basement)

Laminate, Closet, Window

12.9 x 10.6

137 sqft

Bedroom 5(Basement)

Laminate, Closet, Window

12.6 x 10.2

128 sqft

Bedroom(Second)

Laminate, Combined w/Living, Ceiling Fan(s)

19.5 x 16.9

329 sqft

Kitchen(Second)

Laminate, Open Concept, Window

8.6 x 6.6

56 sqft

Living Room(Second)

Laminate

19.5 x 16.9

329 sqft

RoomsDimensionsFeaturesSqft
Living Room(Main)12.0 x 11.3Laminate, Combined w/Dining, Large Window135
Kitchen(Main)15.5 x 9.2Porcelain Floor, Granite Counters, Pot Lights142
Dining Room(Main)9.7 x 9.6Laminate, Combined w/Living93
Primary Bedroom(Main)13.5 x 9.7Laminate, Closet, W/O To Yard131
Bedroom 2(Main)10.9 x 9.0Laminate, Closet, Window99
Bedroom 3(Main)10.2 x 9.0Laminate, Closet, Window92
Recreation(Basement)16.4 x 11.0Tile Floor, Combined w/Kitchen, Fireplace180
Kitchen(Basement)14.2 x 8.9Tile Floor, Combined w/Rec, Window126
Bedroom 4(Basement)12.9 x 10.6Laminate, Closet, Window137
Bedroom 5(Basement)12.6 x 10.2Laminate, Closet, Window128
Bedroom(Second)19.5 x 16.9Laminate, Combined w/Living, Ceiling Fan(s)329
Kitchen(Second)8.6 x 6.6Laminate, Open Concept, Window56
Living Room(Second)19.5 x 16.9Laminate329

Rooms

13

Listed Room Area

1,977 sqft

Source

Estimated from MLS room dimensions

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$5,028/mo
Property Tax$483/mo
Total Monthly$5,510

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0