525 Lynett Cres, Richmond Hill

Name: 525 Lynett Crescent
SKU: N13811586
Price: 998000 CAD
Availability: InStock

3 Bed, 2 Bath Detached Home in Richmond Hill

About 525 Lynett Crescent

Rare Upgraded Bungalow on a 56.67' x 100' Lot! One of the few bungalows in the area with expanded main-floor living space and a desirable layout, offering approximately 2,600 sq. ft. of total living area. Situated within highly sought-after school zones, including top-ranked Bayview Secondary School, Crosby Heights Public School, and Beverly Acres French Immersion School. Enjoy the convenience of being just steps from parks and public transit, and only minutes drive to the GO Station, Costco, Walmart, FreshCo, and major highways. The main floor features two bright living rooms with bay windows. One living room offers direct access to the backyard, allowing guests to enjoy fresh air without passing through the bedrooms, a rare and thoughtful layout not found in most similar homes. The finished basement offers abundant natural light and a private separate entrance. Historically, similar basements in the area have rented for $1,700-$2,000 per month. It includes three bedrooms, a 3-piece bathroom, a full second kitchen, above-grade windows, and a large living area complete with a cozy gas fireplace. The large backyard is a true oasis, perfect for family gatherings, childrens play, barbecues, and enjoying fresh fruit from the garden. This home is an ideal choice for families, investors, or builders, with excellent potential for future development. ***Photos have been virtually staged and enhanced. Actual condition and appearance of the property may vary.***

3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $907 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 525 Lynett Cres

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Lot size: 56.67 x 100.00 Feet (Irregular As Per Survey)5464 sq ft
Parking: 4 spaces
Basement: Finished, Separate Entrance

Features & systems

Parking & garage

Parking spaces: 4

Interior

Basement: Finished · Separate Entrance

Lot & land

Lot dimensions: 56.67 x 100.00 Feet (Irregular As Per Survey)
Lot size (sqft): 5464
Lot features: Irregular Lot

Listing & possession

Property style: Bungalow
Property class: Detached

525 Lynett Cres Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 20, 2026For saleListedThis listingMLS® N13811586$998,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 525 Lynett Cres Compares to the Richmond Hill Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 1,420 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Richmond Hill market, last 90 days

Median sold price: $1,131,800
Average sold price: $1,229,105
Average days on market: 35
Homes sold: 779

Closed sales on the TRREB MLS®.

Full Richmond Hill market report

Market pulse · Richmond Hill

Richmond Hill market

Median sold price$1,131,800Last 90 days
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,145Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with May 12 – Aug 10, 2026: prices up.

Based on 779 sales from Aug 10 – Nov 8, 2026 (642 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Richmond Hill

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home525 Lynett Crescent 3 bd · 2 ba · 1,100 sqft	$998,000asking	$907	—	—
24 Whalen Court 4 bd · 3 ba · 3,000 sqft
72 Dunsmore Crescent 3 bd · 2 ba · 1,100 sqft
46 Clarendon Drive 4 bd · 4 ba · 3,000 sqft
96 Estate Garden Drive 3 bd · 3 ba · 2,000 sqft
49 Somerset Crescent 4 bd · 3 ba · 3,000 sqft
225 Lucas Street 4 bd · 3 ba · 1,500 sqft

24 Whalen Court
4 bd · 3 ba · 3,000 sqft
72 Dunsmore Crescent
3 bd · 2 ba · 1,100 sqft
46 Clarendon Drive
4 bd · 4 ba · 3,000 sqft
96 Estate Garden Drive
3 bd · 3 ba · 2,000 sqft
49 Somerset Crescent
4 bd · 3 ba · 3,000 sqft
225 Lucas Street
4 bd · 3 ba · 1,500 sqft

Living in Richmond Hill: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Richmond Hill GO StationRichmond Hill GO1.5 km19 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Richmond Hill GO Station (Richmond Hill GO)19 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Richmond Hill GO Station
1.5 km19 minClosest· Richmond Hill GO
Homes near Richmond Hill GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 525 Lynett Cres. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 525 Lynett Cres

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,903; 20% down · 25 years · 5.5% assumed
Property tax: $549; 0.66% mill rate · ON
Total per month: $5,452; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$4,903

/mo

based on the purchase price of $998,000

Down payment20%

$199,600 cash

Amortization25 yr

$798,400 financed

Rate5.50%

$672,462 total interest

Principal54%$798,400

Interest46%$672,462

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 525 Lynett Cres

How much is 525 Lynett Cres listed for?

525 Lynett Cres is listed at $998,000 (MLS® N13811586). Summitly updates the price as soon as the MLS® record changes.

Is $998,000 a good price for 525 Lynett Cres?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 525 Lynett Cres changed?

No — 525 Lynett Cres is still listed at its original asking price of $998,000.

How many bedrooms and bathrooms does 525 Lynett Cres have?

525 Lynett Cres has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Richmond Hill.

Is 525 Lynett Cres close to transit?

The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 1.5 km (about a 19-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 525 Lynett Cres?

About $4,903 a month — principal and interest on $998,000 with 20% down ($199,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 525 Lynett Cres compare with other homes in Richmond Hill?

Its asking price of $998,000 is about 12% below the median sold price in Richmond Hill over the last 90 days, $1,131,800, across 779 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 525 Lynett Cres been sold before?

Summitly has no earlier MLS® sale or lease of 525 Lynett Cres on record from the last two years. Older records aren't shown under TRREB rules.

Where is 525 Lynett Cres?

525 Lynett Cres is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 525 Lynett Cres been on the market?

49 days — 525 Lynett Cres was listed on September 20, 2026.

What is the price per square foot of 525 Lynett Cres?

About $665 to $907 per square foot: the asking price of $998,000 over the 1,100–1,500 sq ft the listing gives as its size range.

Does 525 Lynett Cres have parking or a garage?

Yes — the listing gives 4 parking spaces.

What you should know

3 Bed, 2 Bath Detached Home in Richmond Hill

About 525 Lynett Crescent

Inside 525 Lynett Cres

Features & systems

525 Lynett Cres Price & Sale History

How 525 Lynett Cres Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 525 Lynett Cres

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Lynett Crescent? See what yours is worth

Zara, any time

A licensed local agent

See 525 Lynett Cres, Richmond Hill in person

Similar homes for sale nearby in Richmond Hill

Explore More Detached Homes in Richmond Hill

3 Bed, 2 Bath Detached Home in Richmond Hill

About 525 Lynett Crescent

Inside 525 Lynett Cres

Features & systems

525 Lynett Cres Price & Sale History

How 525 Lynett Cres Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Market pulse · Richmond Hill

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 525 Lynett Cres

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Lynett Crescent? See what yours is worth

Zara, any time

A licensed local agent

See 525 Lynett Cres, Richmond Hill in person

Questions About 525 Lynett Cres

How much is 525 Lynett Cres listed for?

Is $998,000 a good price for 525 Lynett Cres?

Has the price of 525 Lynett Cres changed?

How many bedrooms and bathrooms does 525 Lynett Cres have?

Is 525 Lynett Cres close to transit?

How much would the monthly mortgage be on 525 Lynett Cres?

How does 525 Lynett Cres compare with other homes in Richmond Hill?

Has 525 Lynett Cres been sold before?

Where is 525 Lynett Cres?

How long has 525 Lynett Cres been on the market?

What is the price per square foot of 525 Lynett Cres?

Does 525 Lynett Cres have parking or a garage?

Similar homes for sale nearby in Richmond Hill

Explore More Detached Homes in Richmond Hill

Market pulse · Richmond Hill

Transit nearby

Transit

Questions About 525 Lynett Cres

How much is 525 Lynett Cres listed for?

Is $998,000 a good price for 525 Lynett Cres?

Has the price of 525 Lynett Cres changed?

How many bedrooms and bathrooms does 525 Lynett Cres have?

Is 525 Lynett Cres close to transit?

How much would the monthly mortgage be on 525 Lynett Cres?

How does 525 Lynett Cres compare with other homes in Richmond Hill?

Has 525 Lynett Cres been sold before?

Where is 525 Lynett Cres?

How long has 525 Lynett Cres been on the market?

What is the price per square foot of 525 Lynett Cres?

Does 525 Lynett Cres have parking or a garage?