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New14 hours ago

11 Knollside Drive

Mill Pond, Richmond Hill

$1,449,000

Detached|Bungalow
3 | 3 | 6
About this home

Welcome to this beautifully updated detached bungalow in the highly sought-after Mill Pond community of Richmond Hill! Situated on a premium 70 x 100 ft lot, this spacious home offers approximately 4,000 sq. ft. of total living space, featuring 3+3 bedrooms, 3 full bathrooms, and an abundance of natural light throughout. The inviting living room showcases elegant hardwood flooring, a charming bow window, and a cozy gas fireplace. A formal dining room with French doors flows seamlessly into the spacious kitchen, complete with stainless steel appliances, a gas stove, stylish backsplash, ample counter space, and pot lights. The bright family room features large windows overlooking the beautifully landscaped backyard and a second gas fireplace. The primary bedroom offers his-and-hers closets and a private 4-piece ensuite. The finished basement with a separate entrance includes 3 additional bedrooms, a generous great room with a gas fireplace, dining area, second kitchen, and 3-piece bathroom, offering excellent flexibility for extended family use. Enjoy a fully fenced backyard with a shed, perfect for outdoor relaxation. Additional highlights include updated perimeter wall insulation and stucco, a newer metal roof with a lifetime warranty, and extensive renovations and additions with available blueprints. Ideally located steps from the scenic trails of Mill Pond Park, excellent schools, Mackenzie Health, and Yonge Street, with convenient access to Hillcrest Mall, shopping, restaurants, and public transit. A wonderful opportunity to own a spacious bungalow in one of Richmond Hill's most desirable neighbourhoods with a lot for potential future development! Buyer/Buyer Agent to verify all measurements and taxes. Seller does not warrant the retrofit or legal status of the basement. Some photos virtually staged to illustrate potential*

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,647
Lot Size70 ft x 100 ft
mls© NumberN14086268
Listed ByRE/MAX EXPERTS

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,417
Property tax
$637
Heat allowance
$150
Housing costs
$8,204 / mo

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

Down payment20% · $289,800
25-yr amortization

Income needed

$252,000

gross annual household income

Payment at 4%
$6,098 / mo
Cash down
$289,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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