$1,398,000Asking Price
Tucked Away In A Quiet, Cozy Court In The Highly Sought-After Mill Pond Area Of Richmond Hill, This Property Offers A Rare Blend Of Lifestyle And Income Potential In A Truly Great Neighborhood. Situated On A Generous Lot With No Sidewalks, The Home Provides Added Privacy, Ample Parking, And Plenty Of Future Potential.This Is A Standout Rental Income Property Featuring Three Self-Contained Living Spaces, Making It Ideal For Investors Or End-Users Looking To Offset Their Mortgage. The Main Floor House Showcases A Bright, Open Layout With A Large Living Space, An Updated Kitchen With Quality Finishes, And Direct Access To The Backyard-Perfect For Comfortable Everyday Living.Downstairs, You'll Find Two Separate Units: A Fully Equipped Walk-Out Lower Level Unit & An Additional Basement Unit, Each With Private Entrances And Independent Amenities. Altogether, This Creates 3 Rental Streams, Currently Generating Strong Income That Can Go A Long Way Toward Covering All Mortgage Costs.Tenants Are Flexible To Remain Or Vacate. Current Rental Income: $6,500/Month. Located Just Minutes From Yonge Street, This Home Offers Easy Access To Top-Rated Schools, Major Grocery Stores, The Richmond Hill Centre For The Performing Arts, And The Local Library. Whether You're Commuting, Investing, Or Settling Into A Family-Friendly Community, This Location Checks Every Box.A Rare Opportunity To Own A Versatile Property In One Of Richmond Hill's Most Desirable Pockets.Electrical Panel Has Been Upgraded to 200 AMP, Roof (2018), Attic Insulation (2021), Furnace(2021), Heat Pump(2023)
Tucked Away In A Quiet, Cozy Court In The Highly Sought-After Mill Pond Area Of Richmond Hill, This Property Offers A Rare Blend Of Lifestyle And Income Potential In A Truly Great Neighborhood. Situated On A Generous Lot With No Sidewalks, The Home Provides Added Privacy, Ample Parking, And Plenty Of Future Potential.This Is A Standout Rental Income Property Featuring Three Self-Contained Living Spaces, Making It Ideal For Investors Or End-Users Looking To Offset Their Mortgage. The Main Floor House Showcases A Bright, Open Layout With A Large Living Space, An Updated Kitchen With Quality Finishes, And Direct Access To The Backyard-Perfect For Comfortable Everyday Living.Downstairs, You'll Find Two Separate Units: A Fully Equipped Walk-Out Lower Level Unit & An Additional Basement Unit, Each With Private Entrances And Independent Amenities. Altogether, This Creates 3 Rental Streams, Currently Generating Strong Income That Can Go A Long Way Toward Covering All Mortgage Costs.Tenants Are Flexible To Remain Or Vacate. Current Rental Income: $6,500/Month. Located Just Minutes From Yonge Street, This Home Offers Easy Access To Top-Rated Schools, Major Grocery Stores, The Richmond Hill Centre For The Performing Arts, And The Local Library. Whether You're Commuting, Investing, Or Settling Into A Family-Friendly Community, This Location Checks Every Box.A Rare Opportunity To Own A Versatile Property In One Of Richmond Hill's Most Desirable Pockets.Electrical Panel Has Been Upgraded to 200 AMP, Roof (2018), Attic Insulation (2021), Furnace(2021), Heat Pump(2023)
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.27' x 11.65' | Granite Counters, Stainless Steel Appliances, Large Window |
| 1 4-Piece Bathroom on Upper | ||||
| 1 3-Piece Bathroom on Upper | ||||
| 1 3-Piece Bathroom on Lower | ||||
| 1 3-Piece Bathroom | ||||
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Mill Pond, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, executives and business and education, law & public sector professionals. It has a higher than average population of Italian and Russian speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Kids Per Family
1.3
kids per family
in the neighbourhood.
42%
of residents are
single and loving it.
42% singles
Richmond Hill (39%)
21%
of residents
are renters.
21% renters
Richmond Hill (19%)
54%
of residents are
university grads.
54% university grads
Richmond Hill (54%)Average Household Income
$169K
is the average household
income in the neighbourhood.
Professions
| Business | 12% |
| Sales | 12% |
| Management | 11% |
| Government | 9% |
| Sciences | 7% |
45%
of residents were
born outside of Canada.
45% immigrants
Richmond Hill (59%)9.4% from Iran
All-time
3.6% from Iran
Recent
Foreign Languages
| Persian | 10% |
| Russian | 6% |
| Mandarin | 5% |
| Italian | 5% |
| Cantonese | 2% |
Religions
| Christian | 57% |
| Jewish | 12% |
| Muslim | 9% |
| Hindu | 2% |
| Buddhist | 1% |