285 Richmond Street, Richmond Hill, ON

$2,998,000
MLS#:N12981650
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 285 Richmond Street Richmond Hill ON listed at $2,998,000 (MLS# N12981650) - Main View
For Sale

GTA Transit & Commute from this Address

Realistic rush-hour travel times from 285 Richmond Street

GO Train to Union Station

Richmond Hill GO on Richmond Hill Line: 42 min to Union

Highway Access

Highway 404 & 407 ETR: 6–9 min drive

Airport & Regional Link

Pearson Airport (YYZ): 25–30 min drive

Added:Apr 10, 2026(215 days ago)
Updated:Apr 10, 2026(215 days ago)
Last Checked:10 minutes ago

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Mill Pond. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,998,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 78 x 138 ft lot size
  • Convenient in/out garage included
  • equipped with partial central cooling and highly efficient gas hot water heating

Description

Excellent Invest Opportunity!!! Heart of Richmond Hill!!! Well-maintain 6 Self-Contained Apartments in Mill Pond Area; 6 of 2-bedroom Apartments + 5 Carports and Surface Parkings; Newly Renovated 2 units of 2 Br; Spacious Approx 1000 Sqft Each Apartment of 2 Beds; Double Exit Doors of Front and Back of Every Unit. Fully Rented; Close to Hospital, School, Transit

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Property Summary

This investment located at 285 Richmond Street, Richmond Hill is currently for sale and has been available for 215 days. This property is listed at $2,998,000 with an estimated mortgage of $9,979* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 285 Richmond Street, Richmond Hill is in the Mill Pond neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mill Pond, Richmond Hill.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Investment architecture in Mill Pond, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$2,998,000
AddedApr 10, 2026 (215 days ago)
UpdatedApr 10, 2026 (215 days ago)
Last Checked10 minutes ago
Transaction TypeFor Sale
List Office NameRIGHT AT HOME REALTY

Property Details

Property Sub-TypeInvestment
Lot Size78 × 138 Feet
CountyYork
Annual Tax$14,121.12
Legal DescriptionLT 3 PL 1131 RICHMOND HILL

Parking & Garage

Parking Space10
Garage TypeIn/Out

Heating & Cooling

Heat TypeGas Hot Water
CoolingPartial

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

  • Public Transit
  • Recreation/Community Centre

Property History

No historical data available for this property.

This could be the first listing for this address.

Richmond Hill Home Buyer Advisory & Market HubActive MLS® Listing in Richmond Hill, Ontario

Looking to Buy a Home in Richmond Hill?

If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this investment at 285 Richmond Street, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Richmond Hill Homes for Sale & MLS® Listings

Browse all verified Richmond Hill real estate listings, compare active Richmond Hill houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Richmond Hill Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Richmond Hill Buyer Budget & Costs

Estimated mortgage: $9,979*/month*. Estimated Ontario Land Transfer Tax: $61,425. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Richmond Hill

Frequently Asked Questions about 285 Richmond Street, Richmond Hill, ON

Q.What is the asking price for 285 Richmond Street, Richmond Hill, ON ?

The current listing price for 285 Richmond Street, Richmond Hill, ON in Mill Pond, Richmond Hill is $2,998,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 285 Richmond Street, Richmond Hill, ON ?

285 Richmond Street, Richmond Hill, ON is a Investment () featuring a basement.

Q.What neighborhood and community amenities are nearby?

Community features and nearby amenities include: Public Transit, Recreation/Community Centre.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Partial.

Virtual Tour & 3D Walkthrough

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Location

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285 Richmond Street, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Mill Pond, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population Benchmark18,000 residents
Personal Safety
Very Low

7 assaults (38.9/100k)

Property Security
Very Low

8 B&E (44.4/100k)

Auto Theft Risk
Moderate

12 thefts (66.7/100k)

1-Year Trend
â–¼ 6.8%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 285 Richmond Street, Richmond Hill, ON L4C 3Z2

Estimated Sales Range
$2,848,000 - $2,938,000

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$899,400 (30.0%)
* Minimum Canadian down payment required for this price is $599,600.
Amortization Period30 Years
Estimated Monthly Payment$9,979Based on a loan of $2,098,600 over 30 years.
Purchase Price$2,998,000
Loan Amount$2,098,600
Provincial Land Transfer Tax:$61,425
Total Estimated Closing Taxes:$61,425

About Purchasing a Home in Richmond Hill, ON

For a property listed at $2,998,000 in Richmond Hill, the legal minimum down payment is $599,600 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 $61,425 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 $61,425.

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Mill Pond, Richmond Hill 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$1,707,556

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%

Best Schools in Mill Pond, Richmond Hill

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
Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9

Mill Pond, Richmond Hill Demographic Home information

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.

MLS® Active
$2,998,000

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