164 Mill Street, Richmond Hill, ON

$1,890,000
MLS#:N8464834
4 beds
4 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,890,000 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.

  • 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Premium 49.98 x 107.12 ft lot size
  • Features a apartment, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning Custom Renovated(2023) Executive Home, Provides the serene backdrop for this residence in Richmond Hill, Mill Pound Area, Picture windows create an airy ambience. Gallery Kitchen, State of Art Appliances, and Sun-drenched entertaining areas complete a setting impeccably tailored to an outdoor country lifestyle, Corner Lot Nestled On a quiet cul-de-sac, with a Separate Side Entrance Basement Apartment, House Is Listed As Heritage Property But Not Designated(Buyers Own Diligence), Fully renovated (2023), Electrical Car Charger, Buyer To Verify Measurements/Taxes, Seller or His/Her Agent Do Not Warrant Retrofit Plan of The Basement.

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Property Summary

This detached home located at 164 Mill Street, Richmond Hill is currently for sale and has been available on SousaSells for 750 days. This property is listed at $1,890,000 with an estimated mortgage of $6,291* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 164 Mill Street, Richmond Hill is in the Mill Pond neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 29, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementApartment, Walk-Up
Lot Size49.98 × 107.12 Feet
CountyYork
Annual Tax$5,013.82
Legal DescriptionLT 1 PL 6297 RICHMOND HILL ; RICHMOND HILL

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, Lake/Pond, Hospital

Interior Features

None

Security Features

Community Features

Location

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164 Mill Street, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 164 Mill Street, Richmond Hill, ON L4C 4B2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$567,000 (30.0%)
* Minimum Canadian down payment required for this price is $378,000.
Amortization Period30 Years
Estimated Monthly Payment$6,291Based on a loan of $1,323,000 over 30 years.
Purchase Price$1,890,000
Loan Amount$1,323,000
Provincial Land Transfer Tax:$34,275
Total Estimated Closing Taxes:$34,275

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,890,000 in Richmond Hill, the legal minimum down payment is $378,000 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 $34,275 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 $34,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mill Pond, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,753,203

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

O M MacKillop
Public206 Lucas Street, Richmond Hill, Ontario, L4C 4P7
5.8
St Mary Immaculate
Public161 Regent Street, Richmond Hill, Ontario, L4C 9N9
8.7
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6
Silver Pines
Public112 Stave Crescent, Richmond Hill, Ontario, L4C 9J2
7.1
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8

Secondary Schools

Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.