173 Elgin Mills Road, Richmond Hill, ON

$1,388,888
MLS#:N12857552
5 beds
3 baths
2500-3000 sqft
7.0 parking
Residential Freehold
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Added:Mar 6, 2026(176 days ago)
Updated:Aug 27, 2026(2 days ago)
Last Checked:12 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,388,888 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 48.33 x 212.1 ft lot
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Amazing Value for Investors and Developers. The Time to Buy Land is Now. Premium Quarter Acre Lot in Prime Richmond Hill. 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.

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 detached home located at 173 Elgin Mills Road, Richmond Hill is currently for sale and has been available on SousaSells for 176 days. This property is listed at $1,388,888 with an estimated mortgage of $4,623* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 173 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.
Is this a Good Home for Families?

Yes! Featuring 5 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
  • •5 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Mill Pond, Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedMar 6, 2026 (176 days ago)
UpdatedAug 27, 2026 (2 days ago)
Last Checked12 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementApartment
Lot Size48.33 Ă— 212.1 Feet
CountyYork
Annual Tax$7,016.34
Legal DescriptionPlan 1931, Part lot 14, RP65R32173; Part 1

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 173 Elgin Mills Road, Richmond Hill, ON

Q.What is the asking price for 173 Elgin Mills Road, Richmond Hill, ON ?

The current listing price for 173 Elgin Mills Road, Richmond Hill, ON in Mill Pond, Richmond Hill is $1,388,888.

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

This property features 5 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 173 Elgin Mills Road, Richmond Hill, ON ?

173 Elgin Mills Road, Richmond Hill, ON is a Detached (2-Storey) featuring a Apartment basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (Attached).

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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173 Elgin Mills Road, 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–Ľ 6.8%

Improving vs previous year

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

Formula: (Annual Occurrences / Population) Ă— 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 & GTHA 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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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 173 Elgin Mills Road W, Richmond Hill, ON L4C 4M1

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$416,666 (30.0%)
* Minimum Canadian down payment required for this price is $277,778.
Amortization Period30 Years
Estimated Monthly Payment$4,623Based on a loan of $972,222 over 30 years.
Purchase Price$1,388,888
Loan Amount$972,222
Provincial Land Transfer Tax:$24,253
Total Estimated Closing Taxes:$24,253

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,388,888 in Richmond Hill, the legal minimum down payment is $277,778 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 $24,253 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 $24,253.

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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.

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