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Mill Pond, Richmond Hill
$889,000
An exceptional opportunity in the highly sought-after Mill Pond community! This versatile detached residence offers three fully self-contained living spaces, each with its own private entrance, making it an ideal choice for investors, multi-generational families, or buyers looking to offset their mortgage with rental income.Thoughtfully updated and meticulously maintained, the home features 5 spacious bedrooms, 4 bathrooms, and 3 full kitchens, providing outstanding flexibility for a variety of living arrangements. Set on an impressive 86-foot frontage corner lot, the property combines functionality, privacy, and strong income potential in one of Richmond Hill's most desirable neighbourhoods.This move-in-ready 4-level sidesplit offers impressive curb appeal, abundant natural light, and inviting outdoor spaces with beautifully landscaped front, side, and backyard areas.Enjoy an unbeatable location just moments from Mill Pond Park, scenic walking trails, community festivals, Bradstock Park, top-rated schools including O.M. MacKillop Public School and St. Mary Immaculate Catholic Elementary School, Mackenzie Health Hospital, and the shops, restaurants, transit, and everyday conveniences along Yonge Street.Whether you're expanding your investment portfolio, accommodating extended family, or searching for a home with built-in income potential, this rare offering delivers outstanding value, flexibility, and lifestyle in one of Richmond Hill's premier neighbourhoods.
No extras listed.
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Sat, Aug 22
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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 | Sidesplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,014 |
| Lot Size | 55 ft x 101 ft |
| mls© Number | N13690914 |
| Listed By | RE/MAX REALTRON 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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,550
- Property tax
- $501
- Heat allowance
- $150
- Housing costs
- $5,201 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$160,000
gross annual household income
- Payment at 4%
- $3,741 / mo
- Cash down
- $177,800
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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