$1,298,000Asking Price
440 Fernleigh Circ S
Crosby, Richmond Hill
Exceptional Investment & Family Home In Prime Richmond Hill! Nestled In The Top-Ranked Bayview Secondary School Zone (Fraser: 9/746)! This Stunning Detached Bungalow Offers A Rare Combination Of Comfort, Functionality, And Positive Cash Flow! Featuring Two Separate Units, Each With Its Own Fully Equipped Kitchen, This Home Generates An Impressive $5,000 In Monthly Rental Income ($3,000 Upper + $2,000 Basement) Making It A Turnkey Investment With Positive Cash Flow From Day One! The Tenant Is Flexible To Stay Or Move, Giving Buyers Ultimate Flexibility.The Main Floor Boasts A Bright, Open-Concept Layout With A Formal Living Area Featuring A Fireplace, A Sophisticated Dining Room With An Elegant Chandelier, And A Gourmet Kitchen With Sleek Stone Countertops. Perfect For Entertaining! Large Windows Fill The Space With Natural Light, Creating A Warm And Inviting Atmosphere.The Separate Entrance Basement Is A Spacious Retreat, Complete With A Large Living Room Featuring A Cozy Fireplace, Two Generous Bedrooms, A Full Kitchen, And A Private Bathroom, A Fantastic Rental Opportunity Or An Ideal Space For Extended Family! Recent Upgrades Include: New Roof (2023), Basement Washer/Dryer (2024), And An Upgraded Tankless Water Heater For Efficiency And Comfort. The Private Backyard Provides A Tranquil Space For Relaxation Or Hosting Gatherings.Located In One Of Richmond Hills Most Desirable Areas, This Home Is Just Minutes From Top Schools, Beautiful Parks, Hillcrest Mall & SmartCentres, And Major Highways (404 & 407) Offering Unmatched Convenience And Lifestyle!
Exceptional Investment & Family Home In Prime Richmond Hill! Nestled In The Top-Ranked Bayview Secondary School Zone (Fraser: 9/746)! This Stunning Detached Bungalow Offers A Rare Combination Of Comfort, Functionality, And Positive Cash Flow! Featuring Two Separate Units, Each With Its Own Fully Equipped Kitchen, This Home Generates An Impressive $5,000 In Monthly Rental Income ($3,000 Upper + $2,000 Basement) Making It A Turnkey Investment With Positive Cash Flow From Day One! The Tenant Is Flexible To Stay Or Move, Giving Buyers Ultimate Flexibility.The Main Floor Boasts A Bright, Open-Concept Layout With A Formal Living Area Featuring A Fireplace, A Sophisticated Dining Room With An Elegant Chandelier, And A Gourmet Kitchen With Sleek Stone Countertops. Perfect For Entertaining! Large Windows Fill The Space With Natural Light, Creating A Warm And Inviting Atmosphere.The Separate Entrance Basement Is A Spacious Retreat, Complete With A Large Living Room Featuring A Cozy Fireplace, Two Generous Bedrooms, A Full Kitchen, And A Private Bathroom, A Fantastic Rental Opportunity Or An Ideal Space For Extended Family! Recent Upgrades Include: New Roof (2023), Basement Washer/Dryer (2024), And An Upgraded Tankless Water Heater For Efficiency And Comfort. The Private Backyard Provides A Tranquil Space For Relaxation Or Hosting Gatherings.Located In One Of Richmond Hills Most Desirable Areas, This Home Is Just Minutes From Top Schools, Beautiful Parks, Hillcrest Mall & SmartCentres, And Major Highways (404 & 407) Offering Unmatched Convenience And Lifestyle!
See MoreKey Info
- Bungalow Detached
- 4-Car Private Driveway
- 1-Car Detached Garage
- Bayview/Major Mackenzie
- Basement: Finished, Separate Entrance
- 1 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 50.04 x 110.03 Feet
- Brick Exterior
- Taxes were $5,698 in 2024
- Possession: TBA
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #N11992572
- SMART SOLD REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom in Basement | |||
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Who lives here?
Crosby, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants from Iran, and Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 30 to 39 and 30 to 39 and seniors aged 65 to 74.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
49%
of residents are
single and loving it.
49% singles
Richmond Hill (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
49%
of residents
are renters.
49% renters
Richmond Hill (19%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
37%
of residents are
university grads.
37% university grads
Richmond Hill (54%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$81K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 10% |
| Trades | 8% |
| Government | 7% |
| Sciences | 6% |
Immigrants
55%
of residents were
born outside of Canada.
55% immigrants
Richmond Hill (59%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
14.3% from Iran
All-time
Birthplace - Recent
4.3% from Iran
Recent
Foreign Languages
Foreign Languages
| Persian | 14% |
| Mandarin | 7% |
| Russian | 6% |
| Cantonese | 5% |
| Arabic | 2% |
Religions
Religions
| Christian | 53% |
| Muslim | 11% |
| Jewish | 2% |
| Hindu | 2% |
| Buddhist | 2% |
