56 Elizabeth Street, Unit 1404, Richmond Hill, ON

$688,000
MLS#:N13631726
3 beds
3 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
56 Elizabeth Street 1404, Richmond Hill, ON L4C 5W2

Property Highlights

Welcome to this remarkable Stacked Townhouse condo townhouse located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $688,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor, None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Great Value in the Heart of Richmond Hill! Less than 1-year-old stacked townhouse within walking distance to Yonge St. This sun-filled west-facing 2+Den (den with doors, ideal as a 3rd bedroom or office) offers a smart, functional layout with an open-concept kitchen, dining, and living area, plus a stylish breakfast island. Unit includes one owned parking space plus the option to continue renting a second spot from a fellow resident . Enjoy the perfect blend of comfort and convenience-nestled in a quiet enclave yet just minutes to vibrant amenities including the library, Wave Pool, arena, hospital, top-rated schools, and GO Transit. A modern lifestyle opportunity not to be missed! 270 Sqf outdoor terrace. Front Entrance facing the parking lot.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This townhouse located at 56 Elizabeth Street, Richmond Hill is currently for sale and has been available on SousaSells for 3 days. This property is listed at $688,000 with an estimated mortgage of $2,290* per month. It has 3 beds, 3 bathrooms, and is 1200-1399 square feet. 56 Elizabeth 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?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Mill Pond, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleStacked Townhouse
ConstructionBrick
BasementNone
CountyYork
Annual Tax$0

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Primary Bedroom - Main Floor
  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 56 Elizabeth Street, Unit 1404, Richmond Hill, ON

Q.What is the asking price for 56 Elizabeth Street, Unit 1404, Richmond Hill, ON ?

The current listing price for 56 Elizabeth Street, Unit 1404, Richmond Hill, ON in Mill Pond, Richmond Hill is $688,000.

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

This property features 3 bedrooms and 3 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 56 Elizabeth Street, Unit 1404, Richmond Hill, ON ?

56 Elizabeth Street, Unit 1404, Richmond Hill, ON is a Condo Townhouse (Stacked Townhouse) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor, None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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56 Elizabeth Street, Unit 1404, 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 56 Elizabeth Street 1404, Richmond Hill, ON L4C 5W2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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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$206,400 (30.0%)
* Minimum Canadian down payment required for this price is $43,800.
Amortization Period30 Years
Estimated Monthly Payment$2,290Based on a loan of $481,600 over 30 years.
Purchase Price$688,000
Loan Amount$481,600
Provincial Land Transfer Tax:$10,235
Total Estimated Closing Taxes:$10,235

About Purchasing a Home in Richmond Hill, ON

For a property listed at $688,000 in Richmond Hill, the legal minimum down payment is $43,800 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 $10,235 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 $10,235.

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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.