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New1 day ago

249 Tampico Road

Mill Pond, Richmond Hill

$889,000

Detached|Sidesplit 4
3 | 4 | 5
About this home

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.

Extras

No extras listed.

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Open houses

  • Sat, Aug 22

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

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.

TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,014
Lot Size55 ft x 101 ft
mls© NumberN13690914
Listed ByRE/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.

Down payment20% · $177,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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