55 Willett Crescent
Mill Pond, Richmond Hill
$2,000,000
Luxurious Georgian Revival Style Detached in Prestigious "Mill Pond". 61' x 114' Premium Lot. 6+2 Bdrm & 6 Baths. Over 5700 S.F Living Space ( 4200 S.F + 1500 Fin. Bsmt). 10' Ceiling with 8' Doors & Office on Main. Spent over $400k Upgrades: Hardwood/ Laminate Flooring & Pot Lights Throughout. Crown Moulding & Waffle Ceiling on Main, Oak Staircase. Gourmet kitchen with B/I Appl & Canopy Range Hood, Granite Countertop, Custom tile Backsplash, Extended Cabinets w/ Valance Lighting. All 6 Baths are Newly Reno with Modern Designed. Skylight on Upper Level. Finished Walk-up Basement w/2 bedrooms, Rec, Game & Kitchen w/ the 2nd Laundry. Large Backyard with Patio & Landscaping. Large detached Double Car Garage with interlocking Long Driveway good for 10 Cars. Steps to Park & Trail, Close to School & Public Transit. Mins to Library, Shopping & Golf Course. ** High Ranking Schools: St. Theresa of Lisieux Catholic H.S (9.9/10), Alexander Mackenzie H.S. ( 9.3/10 ), St. Mary Immaculate Catholic Elementary School (9.2/10 ).
No extras listed.
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $10,049 |
| Lot Size | 61.02 ft x 114.83 ft |
| mls© Number | N14107792 |
| Listed By | HOMELIFE LANDMARK RH REALTY |
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%
- $10,237
- Property tax
- $837
- Heat allowance
- $150
- Housing costs
- $11,224 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$345,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
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
For detached listings, Mill Pond is currently a strong buyer's market — patience and negotiation currently favour buyers. Over July – September 2026, homes here typically sold in about 27 days and fetched 84% of the asking price. Buyer competition has cooled compared with the same months last year.
- Demand
- 0.23
- Avg days on market
- 27 d
- Sale-to-list
- 84%
- Price change (YoY)
- -4.3%
Based on 20 sales
0.29
Buyer's market
29days
-4 days vs the same month last year
$1,477,694
-19.4% vs a year ago
Nearby listings
Comparable sales
- No similar listings found.
