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Mill Pond, Richmond Hill
$1,099,000
Rare opportunity to own a lovingly maintained bungalow in the heart of Richmond Hill's prestigious Mill Pond community. Held by the same owners since 1988, this solidly built home sits on an expansive lot directly across the street from the tranquil waters of Mill Pond. The main level offers a bright and functional layout while the lower level features a desirable secondary apartment with a dedicated side entrance - perfect for extended family or potential rental income. Positioned within walking distance to the community's centra hub, local galleries and the Richmond Hill Centre for the Performing Arts, the property also provides excellent access to public transit for an easy commute. Whether you are looking to move into a neighbourhood rich with history or seeing the perfect canvas to build a custom masterpiece among the area's many new luxury homes, this property offers a premier location and a lifetime of potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,675 |
| Lot Size | 55 ft x 120 ft |
| mls© Number | N13616802 |
| Listed By | HARVEY KALLES REAL ESTATE LTD. |
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%
- $5,625
- Property tax
- $473
- Heat allowance
- $150
- Housing costs
- $6,248 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$192,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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