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).
For sale
C$1,585,000
54 Gray Cres, Richmond Hill, ON L4C 5V5
4beds
4baths
Single Family Residence
Built in ----
3,599 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Hardwood floorsRecessed lighting with dimmersRenovated bathroomsUsb charger outletsWi-fi switchesNew windowsRaised garden
- 12 days
- on Zillow |
- 5 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 09:55am
Listed by:
RE/MAX REAL ESTATE CENTRE INC.
Source: TRREB,MLS®#: N12307472
Originating MLS®#: Toronto Regional Real Estate Board

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- None
- Basement: Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 1500-2000 null
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
Lot
- Size: 3,599 Square Feet
- Features: Park, Hospital, Fenced Yard, Library, Public Transit
Details
- Parcel number: 031530335
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Unknown
- Roof: Unknown
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Richmond Hill
Financial & listing details
- Annual tax amount: C$5,300
- Date on market: 7/25/2025
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