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1404 - 56 Elizabeth Street
Mill Pond, Richmond Hill
$688,000
Great Value in the Heart of Richmond Hill! Less than 1-year-old stacked townhouse within walking distance to Yonge St. This sun-filled west-facing 2+Den (den with doors, ideal as a 3rd bedroom or office) offers a smart, functional layout with an open-concept kitchen, dining, and living area, plus a stylish breakfast island. Unit includes one owned parking space plus the option to continue renting a second spot from a fellow resident . Enjoy the perfect blend of comfort and convenience-nestled in a quiet enclave yet just minutes to vibrant amenities including the library, Wave Pool, arena, hospital, top-rated schools, and GO Transit. A modern lifestyle opportunity not to be missed! 270 Sqf outdoor terrace. Front Entrance facing the parking lot.
No extras listed.
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No upcoming open houses.
This seller is likely 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 | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | 0-5 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $520 |
| Locker | None |
| Balcony | Terrace |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | --- |
| mls© Number | N13631726 |
| Listed By | MASTER`S CHOICE REALTY INC. |
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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,521
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $260
- Housing costs
- $3,931 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,895 / mo
- Cash down
- $137,600
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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