159 Richmond Street, Richmond Hill, ON
Property no longer active
This property was sold on October 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,080,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 152 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Excellent Investment Opportunity in Richmond Hill's Prestigious Mill Pond Community!This exceptional Triplex Home!!! offers three fully retrofitted apartments, making it ideal for investors or homeowners seeking strong rental income potential. Located in the highly desirable Mill Pond neighborhood, the home features: Two spacious 2-bedroom units on the main and second floors,One bright 1-bedroom unit in the basement, Separate electrical panels for each unit! Shared coin laundry, new furnace (2024), and new roof (2023). Set on a deep 50 x 152 ft lot, the property offers plenty of space, natural light, and privacy. Enjoy the convenience of being within walking distance to Mill Pond, scenic trails, and beautiful parks. Just minutes to Mackenzie Health Hospital, Richmond Hill Library, top-rated Alexander Mackenzie High School, restaurants, and more!Dont miss this rare opportunity to own a versatile, income-generating property in one of Richmond Hills most sought-after neighborhoods!
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Property Summary
This detached home located at 159 Richmond Street, Richmond Hill is currently for sale and has been available on SousaSells for 400 days. This property is listed at $1,080,000 with an estimated mortgage of $3,595* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 159 Richmond Street, Richmond Hill is in the Mill Pond neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Mill Pond, Richmond Hill.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Mill Pond, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 159 Richmond Street, Richmond Hill, ON
Q.What is the asking price for 159 Richmond Street, Richmond Hill, ON ?
The current listing price for 159 Richmond Street, Richmond Hill, ON in Mill Pond, Richmond Hill is $1,080,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 159 Richmond Street, Richmond Hill, ON ?
159 Richmond Street, Richmond Hill, ON is a Detached (2-Storey) featuring a Apartment basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 159 Richmond Street, Richmond Hill, ON L4C 3Y7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,080,000 in Richmond Hill, the legal minimum down payment is $216,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,075 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,075.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.