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Mill Pond, Richmond Hill
$1,488,000
Welcome to this sun-filled, fully customized 4-bed detached showpiece on quiet, cul de sac, in the prestigious Mill Pond neighborhood, steps from the pond and downtown Richmond Hill. Flooded with natural light and boasting $250K+ in meticulous renovations, this bright home features a custom kitchen, bespoke bathrooms, upgraded window blinds, and smart tech (smart toilets, cameras, thermostat, smoke detector). The fully finished lower level offers exceptional income potential with a separate entrance and private laundry. Enjoy total peace of mind with upgraded mechanicals including furnace, AC, water tank, plus an upgraded electrical panel, modern lighting, and a dedicated EV charger. Location is paramount: walk to scenic Mill Pond and vibrant downtown shops. Families will value being near top-tier education, including the coveted IB Program at Alexander Mackenzie H.S. and St. Theresa of Lisieux Catholic H.S. Turn-key and elegantly designed, this is an absolute must-see!
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| Type | Detached |
| Style | Sidesplit 3 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,762 |
| Lot Size | 42.65 ft x 103.06 ft |
| mls© Number | N13601376 |
| Listed By | FARLAN REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,616
- Property tax
- $480
- Heat allowance
- $150
- Housing costs
- $8,246 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$254,000
gross annual household income
- Payment at 4%
- $6,262 / mo
- Cash down
- $297,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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