$1,585,000Asking Price
54 Gray Crescent, Richmond Hill, ON L4C 5V5
North Richvale, Richmond Hill
Welcome to this beautifully updated 3+1 bedroom, 4-bath home (i.e. 3 full baths + powder room) offering modern functionality, income potential, and a thoughtfully landscaped backyard retreat. Step inside to find hardwood floors, recessed lighting with dimmers, and new blinds on the main floor. The renovated bathrooms (ensuite, powder, 2nd floor & basement) provide elevated comfort, while USB charger outlets and Wi-Fi switches add smart convenience throughout.The separate entrance basement suite features a full kitchen with induction stove on an island, bedroom, and 3-piece bath ideal for rental income (historically $1,850-$1,950/month + 30% utilities). A second laundry set on the upper level allows both Main/2nd Floor & Basement levels to operate independently, if desired. Upgrades include: new Lennox A/C (2022), high-efficiency HVAC, Nest thermostat, 200-amp panel, and a garage access door (see attached Features & Upgrades List for More!). Benefit from new windows (2022) in Master Bedroom, Stairway, Porch, & Backyard. Outdoors, enjoy a raised garden, deck with gazebo + 2nd retractable-roof gazebo, natural gas hook-up, shed, interlock patio & driveway, and a removable fence offering optional private yard space for both Main/2nd Floor & Basement levels, if desired. Located steps to bus stops, Mackenzie Health Hospital, Mary Dawson Park, and minutes drive from excellent amenities including LA Fitness, Longos, and a variety schools from PK to Grade 12 including but not limited to Alexander Mackenzie H.S., Ross Doan PS and Adrienne Clarkson P.S. A versatile home perfect for families, investors, or multi-generational living! (Main / 2nd Floor Market Rent Approx. $3500 + Basement Market Rent Approx. $1850-$1950). (Basement Tenant currently has lease until Aug 2025, open to staying or leaving. Main / 2nd Floor currently vacant).
Welcome to this beautifully updated 3+1 bedroom, 4-bath home (i.e. 3 full baths + powder room) offering modern functionality, income potential, and a thoughtfully landscaped backyard retreat. Step inside to find hardwood floors, recessed lighting with dimmers, and new blinds on the main floor. The renovated bathrooms (ensuite, powder, 2nd floor & basement) provide elevated comfort, while USB charger outlets and Wi-Fi switches add smart convenience throughout.The separate entrance basement suite features a full kitchen with induction stove on an island, bedroom, and 3-piece bath ideal for rental income (historically $1,850-$1,950/month + 30% utilities). A second laundry set on the upper level allows both Main/2nd Floor & Basement levels to operate independently, if desired. Upgrades include: new Lennox A/C (2022), high-efficiency HVAC, Nest thermostat, 200-amp panel, and a garage access door (see attached Features & Upgrades List for More!). Benefit from new windows (2022) in Master Bedroom, Stairway, Porch, & Backyard. Outdoors, enjoy a raised garden, deck with gazebo + 2nd retractable-roof gazebo, natural gas hook-up, shed, interlock patio & driveway, and a removable fence offering optional private yard space for both Main/2nd Floor & Basement levels, if desired. Located steps to bus stops, Mackenzie Health Hospital, Mary Dawson Park, and minutes drive from excellent amenities including LA Fitness, Longos, and a variety schools from PK to Grade 12 including but not limited to Alexander Mackenzie H.S., Ross Doan PS and Adrienne Clarkson P.S. A versatile home perfect for families, investors, or multi-generational living! (Main / 2nd Floor Market Rent Approx. $3500 + Basement Market Rent Approx. $1850-$1950). (Basement Tenant currently has lease until Aug 2025, open to staying or leaving. Main / 2nd Floor currently vacant).
See MoreKey Info
- 2-Storey Detached
- 2-Car Driveway
- 2-Car Attached Garage
- Bathurst St & Major Mackenzie Dr W
- 1500-2000 Approximate Sq Feet
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 30.02 x 120.12 Feet
- Brick Exterior
- Taxes were $5,300 in 2025
- Possession: Immediate / Flexible
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #N12307472
- RE/MAX REAL ESTATE CENTRE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.99' x 8.73' | Hardwood Floor, Pantry |
| 2 | Breakfast | Main | 8.73' x 6.27' | Hardwood Floor, Walkout To Patio |
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
North Richvale, Richmond Hill is a north GTA neighbourhood notable for its singles, salespeople and tradespeople. It has a higher than average population of recent immigrants from Iran and those from Iran, and Italian, Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 74.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
41%
of residents are
single and loving it.
41% singles
Richmond Hill (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
15%
of residents
are renters.
15% renters
Richmond Hill (19%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
49%
of residents are
university grads.
49% university grads
Richmond Hill (54%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$128K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 13% |
| Business | 11% |
| Sciences | 8% |
| Management | 8% |
| Trades | 7% |
Immigrants
58%
of residents were
born outside of Canada.
58% immigrants
Richmond Hill (59%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
15.0% from Iran
All-time
Birthplace - Recent
6.4% from Iran
Recent
Foreign Languages
Foreign Languages
| Persian | 15% |
| Russian | 9% |
| Italian | 5% |
| Mandarin | 4% |
| Cantonese | 4% |
Religions
Religions
| Christian | 59% |
| Muslim | 9% |
| Jewish | 9% |
| Buddhist | 2% |
| Hindu | 1% |
