541 Lynett Cres
Crosby, Richmond Hill, L4C 2V8
FOR SALE
$1,099,000
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS7 + 4
ROOMSN11913765
MLSIDContact Us
Property Description
This magnificent spacious bungalow offers both comfort and versatility! Featuring 3 generous bedrooms with an addition at the back that expands the living space, separate living / dining / family rooms, and upgraded kitchen with stainless steel appliances, tall modern cabinets, and a sleek quartz countertop. Two sets of laundry, newer furnace (2023) and A/C (2023) ensure peace of mind, while the fully finished 2-bedroom basement with a separate entrance provides an ideal suite to help $$$ with the mortgage or offer extra living space. Additional features include a deck, backyard shed, single attached garage and a large driveway with space for 4-5 cars. Located in the top-rated Bayview Secondary School District and within walking distance to public transit, shopping (No Frills, FreshCo, Food Basics, Walmart, Costco), GoTrain, top schools, Skopit Park, and more. A truly exceptional home with endless possibilities!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-04 | 2021-03-31 | 26 | $1,350,000 | - | Suspended |
Extras
S/S Fridge, S/S stove, S/S dishwasher, S/S hood-range, stacked laundry on main and Washer and Dryer in the basement, all electrical light fixtures, all window coverings.
Nearby Intersections
Yonge & Elgin Mills (53)
Bayview & Crosby (14)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Fronting
West
Taxes
$5,436 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.25' x 15.91' | Hardwood Floor, Picture Window, Fireplace |
| Dining | Main | 9.12' x 9.28' | Hardwood Floor, O/Looks Backyard, Overlook Patio |
| Family | Main | 9.51' x 11.15' | Hardwood Floor, Combined W/Living |
| Kitchen | Main | 7.61' x 8.56' | Stainless Steel Appl, Stone Counter, Updated |
| Br | Main | 10.33' x 11.81' | Hardwood Floor, Large Closet, Large Window |
| 2nd Br | Main | 8.46' x 9.84' | Hardwood Floor, Closet, Window |
| 3rd Br | Main | 10.01' x 10.24' | Hardwood Floor, Closet, Window |
| Family | Bsmt | 8.37' x 12.80' | Laminate, Open Concept |
| Kitchen | Bsmt | 9.51' x 7.84' | Laminate, Open Concept, Above Grade Window |
| Br | Bsmt | 12.11' x 20.05' | Broadloom, Above Grade Window, Closet |
| 2nd Br | Bsmt | 7.22' x 11.09' | Broadloom, Above Grade Window, Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
541 Lynett Cres is a 3-bedroom 2-bathroom home listed for sale at $1,099,000, which is $139,899 (11.3%) lower than the average sold price of $1,238,899 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill declined by $102,927 (7.7%) compared to the previous 30 day period (November 19 - December 18) and down $170,924 (12.1%) from the same time one year ago.Inventory Change
There were 33 3-bedroom homes listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 21.4% compared with the previous 30 day period (November 19 - December 18) and up 65.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $4,708 (0.4%) above asking price over the last 30 days (December 19 - January 17), which represents a $4,855 increase compared to the previous 30 day period (November 19 - December 18) and ($58,382) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Richmond Hill over the last 30 days (December 19 - January 17) stood at 63.6%, up from 54.8% over the previous 30 days (November 19 - December 18) and down from 85.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Richmond Hill stood at 48 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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