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New19 hours ago

82 Mill Street

Mill Pond, Richmond Hill

$848,000

Detached|Bungalow
2 | 2 | 3
About this home

A rare opportunity to own on coveted Mill Street in the heart of Mill Pond - for under $1 million.You know the charming white house with the beautiful gardens? This is the one. Set in one of Richmond Hill's most loved neighbourhoods, this property offers an incredible opportunity to move in, invest, or start planning your future dream home.Enjoy the home as it is today, rent it out while you design your custom build, or take advantage of the property's long-term potential. The finished basement features an in-law suite, offering added flexibility for extended family, guests, or additional income.And the location is hard to beat. Just steps from Mill Pond and minutes to Yonge Street, restaurants, parks, top-ranked schools and everyday amenities - all surrounded by the character and charm that make Mill Pond such a sought-after place to call home.A special property, an exceptional location, and an opportunity to get onto Mill Street at a price rarely seen.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,690
Lot Size51.19 ft x 83.82 ft
mls© NumberN13801066
Listed ByLACEBY REAL ESTATE LIMITED

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%
$4,340
Property tax
$391
Heat allowance
$150
Housing costs
$4,881 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $169,600
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,569 / mo
Cash down
$169,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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