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Mill Pond, Richmond Hill
$1,065,000
A Character-Filled Detached Residence In Richmond Hill's Established Mill Pond Community, Offering A Thoughtfully Updated Interior, Flexible Living Space And Exceptional Access To The Heart Of The City. The Seller Advises That The Property Has Undergone A Number Of Improvements, Including Conversion Of The Basement Into A Separate Living Area, Interior Painting, Replacement Of The Electrical Panel, Installation Of Three Ductless Split Systems Across Three Levels, Replacement Of Parquet Flooring, Removal Of Select Interior Partition Walls To Create A More Open Living Area, Renovation Of The Kitchen With Updated Cabinetry, Complete Renovation Of Both Bathrooms, Modification Of The Parking Area To Accommodate Two Vehicles, Pot Lighting Throughout, Boiler Improvements And A Gas Connection For Cooking. Ideally Located Near Yonge Street and Major Mackenzie Drive, With Convenient Access To Shopping, Restaurants, Cafés, public transit, and everyday amenities. Enjoy The Established Mill Pond Community With Mill Pond Park Nearby, Along With Richmond Hill Central Library, Richmond Hill Centre For The Performing Arts, Local Parks, Recreation And Schools Serving The Surrounding Area. A Compelling Opportunity For Buyers Seeking A Home With Character, Extensive Seller-Reported Improvements And A Central Richmond Hill Location.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,557 |
| Lot Size | 54.55 ft x 145.53 ft |
| mls© Number | N13870652 |
| Listed By | RE/MAX HALLMARK REALTY 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%
- $5,451
- Property tax
- $463
- Heat allowance
- $150
- Housing costs
- $6,064 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$187,000
gross annual household income
- Payment at 4%
- $4,482 / mo
- Cash down
- $213,000
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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