
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,295,000 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.
Rarely Offered Luxurious Home in the heart of Richmond Hill! Stunning 4 Bedroom, Approx. 4000sq ft of Luxury comfort. The basement can be renovated into a separate unit with an entrance in the mudroom. Wide entrance hallway as you walk in, Cathedral ceiling in the Den/Office, walk-in Pantry with coffee corner. 6-burner Kitchenaid stove range. Quartz countertop. 10ft Ceiling on main, 9ft on second, and 9ft basement (rare). An ensuite bedroom as well as a Jack-and-Jill bath for the other bedrooms. Master bath equipped with a freestanding tub, massive shower, and enclosed toilet. Master Bedroom features tray ceiling. Hardwood floor throughout. Driveway accommodates 6 vehicles. Minutes away from trails leading to Mill Pond Park, top tier schools, Many restaurants and supermarkets just minutes away. Bus stop 10 seconds away.
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This detached home located at 525 Elgin Mills Road, Richmond Hill is currently for sale and has been available on SousaSells for 7 days. This property is listed at $2,295,000 with an estimated mortgage of $7,639* per month. It has 4 beds, 4 bathrooms, and is 3500-5000 square feet. 525 Elgin Mills Road, 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.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Mill Pond, Richmond Hill.
Growing families needing multi-bedroom flexibility and space in Mill Pond, Richmond Hill.
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The current listing price for 525 Elgin Mills Road, Richmond Hill, ON in Mill Pond, Richmond Hill is $2,295,000.
This property features 4 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
525 Elgin Mills Road, Richmond Hill, ON is a Detached (2-Storey) featuring a Unfinished basement.
Key property features include: Clear View, Park, Place Of Worship, Public Transit, School Bus Route.
Interior highlights include: Auto Garage Door Remote, Carpet Free, ERV/HRV, Sump Pump, Ventilation System, Water Heater.
Yes, this property offers parking space for 8.0 vehicles (Built-In).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 525 Elgin Mills Road W, Richmond Hill, ON L4C 4M3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,295,000 in Richmond Hill, the legal minimum down payment is $459,000 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 $43,850 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 $43,850.
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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.