For Sale
Just Listed
163 Elgin Mills Road W
Mill Pond, Richmond Hill, ON
$1,188,000
3+1Bd
2Ba
1,300+sqft
4Parking
52.8 x 225.1 ftlot
$914/sqft
DetachedMLS# N13719126Listed 2026-08-276 DOM
Cooling
Central Air
Basement
Finished with Walk-Out
About this home
Amazing Value for Investors and Developers. The Time to Buy Land is Now. Premium Quarter Acre Lot in Prime Richmond Hill. 52.8 x 225.1 FT, Possibilities are endless. Discover the Charm of this Original Home. Move in, Rebuild, Reface or Generate potential income with 2-unit setup. Buyer and Buyer's Agent to verify all measurements and retrofit compliance. Close to Top Ranked Schools, Parks, Trails, Hospital, Library, and Downtown Richmond Hill. **Photos Contain A.I Staging Effect**
Rooms
Main Floor
| Family Room | 3.80 × 4.80 m | Hardwood Floor Wood Stove Sunken Room |
| Kitchen | 3.50 × 5.50 m | Ceramic Floor Breakfast Area W/O To Patio |
| Bedroom 3 | 3.00 × 2.70 m | Ceramic Floor B/I Closet |
| Primary Bedroom | 3.60 × 3.20 m | Hardwood Floor B/I Closet |
| Dining Room | 3.80 × 3.40 m | Ceramic Floor Overlooks Garden |
| Laundry | 2.00 × 2.00 m | Ceramic Floor Side Door W/O To Garden |
| Bedroom 2 | 3.50 × 3.20 m | Ceramic Floor B/I Closet |
| Living Room | 3.80 × 3.40 m | Ceramic Floor |
Basement
| Laundry | 3.50 × 4.25 m | Ceramic Floor |
| Kitchen | 5.50 × 3.50 m | Ceramic Floor Walk-Out Double Sink |
| Recreation | 6.25 × 3.70 m | W/O To Garden |
| Study | 2.50 × 3.00 m | Ceramic Floor |
Features
- Other
- Finished with Walk-Out
- Central Air
- Bungalow
Financials
Annual Taxes
$6,728.9
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield3.2% – 4.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Richmond Hill
Days on market6 days
Buyer's MarketSeller's Market
Based on active listings in Richmond Hill. Data updates daily.
Demographics — Richmond Hill
Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
55
/ 100
Walk Score
Somewhat Walkable
48
/ 100
Transit Score
Some Transit
47
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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