$1,585,000
10.23 BTC
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54 Gray Crescent, Richmond Hill
$1,585,000
PRICE
3 + 1
BEDROOMS
4
BATHROOMS
N12307472
MLSID

54 Gray Crescent, 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).
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Summary

Address
54 Gray Crescent
MLSID
N12307472
Property Type
Detached
Property Category
Bedrooms
3 + 1
Bathrooms
4
Kitchens
1 + 1
Taxes (Annual)
$5,300.00
Tax Year
2025
Published
July 25, 2025
Days on Market
8 Days
Possession Type
Flexible
Possession Details
Immediate / Flexible
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Inclusions

Main / 2nd Floor Chattels Included: Whirlpool Washer & Dryer, Microwave, Fridge, Stove/Oven. Basement Chattels Included: LG Washer & Dryer, Stove, Microwave, Fridge, White Sofa Coach

Details

Property Features
Park, Hospital, Fenced Yard, Library, Public Transit
Bathroom 1
2-Piece Main Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Second Level
Bathroom 4
3-Piece Basement Level
Parking Spaces
2
Parking Total
4
Architectural Style
2-Storey
Roof
Unknown
Construction Materials
Brick
Lot Size
3,599
Lot Width
30 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX REAL ESTATE CENTRE INC.
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