416 Elgin Mills Rd W, Richmond Hill - Double Garages Detached Home

416 Elgin Mills Rd W

LocationWestbrook, Richmond Hill, L4C 4M2
$1.9M For Sale
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Description

Rare opportunity to own a custom-built bungaloft offering exceptional flexibility in one of Richmond Hill's most desirable locations. Originally built as the builder's own residence, this unique property was thoughtfully designed with spacious principal rooms, multiple entrances, wheelchair accessibility, and 9-foot ceilings on the main floor. Located within a Neighbourhood Mixed Use (NMU) designated area, this versatile property presents a variety of possibilities for homeowners, professionals, entrepreneurs, and multi-generational families seeking a unique live/work-inspired environment. The functional layout offers dedicated spaces that can be adapted for a home office, professional workspace, or additional living needs, while maintaining the comfort and privacy of a residential setting. The bright loft retreat provides additional flexibility, and the expansive driveway accommodates up to 8 vehicles. Situated on a generous 75 x 131 ft lot in a prime Richmond Hill neighbourhood, with convenient access to transit, schools, parks, shopping, and major commuter routes. A rare opportunity to reimagine, renovate, and unlock the potential of a truly distinctive property in a highly sought-after location. The property is designated within a Neighbourhood Mixed Use (NMU) area under the City of Richmond Hill's updated planning framework. This designation may provide opportunities for a broader range of uses compared to traditional residential zoning. Buyers and their representatives are advised to conduct their own due diligence and confirm permitted uses, requirements, and approvals directly with the City of Richmond Hill.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 5
  • Bathrooms
    Bathrooms: 5
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 3

Details

  • Front Lot
    Lot size: 75.00 x 131.00 Feet
  • Lot Depth
    Space: 3000-3500
  • Tax Amount
    Tax: $ 8507.18
  • MLS
    N13683830
  • Listing contracted with: RE/MAX METROPOLIS REALTY
Bathroom Pieces Level
1xBath2 pcs

Basement

1xBath3 pcs

Basement

1xBath3 pcs

Second

2xBaths4 pcs

Main



Property Summary

Located close to the intersection of Bathurst and Elgin Mills, 416 Elgin Mills Rd W is a 5+1 bedrooms 5 washrooms Detached. The unit has a Double Attached Parking Spaces. The property has many nice features including Wheelchair Access. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 3.3% compared with the same period last year.

Rent levels have decreased 8.2% compared with the same period last year.

Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan
Recent 6-Month Rent Range
$2,400 – $3,750/month

How This Home Compares

Market Temperature
Buyer's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Higher inventory gives buyers more choice and negotiating leverage.
Typical Selling Time
21 Days
Similar homes are selling in about 21 days, broadly in line with last year.
Price Position
Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 51% of residents hold a bachelor's degree or higher, while about 24% have a college credential. Driving is the primary commuting method for nearly all local commuters.





School Information



Commute Information

GTA Go Train Richmond Hill Go Train Station (2.7km) - Free Parking available, parking lots: 2004

Location





Community Overview

416 Elgin Mills Rd W is at South East Corner of Westbrook Community. The Westbrook community runs from Bathurst St on the West to Elgin Mill on the south, Yonge St on the East, and Gamble Road on the north. The community is relatively new. The substantial real estate development of Westbrook Richmond Hill occurred in 2000, led by urban sprawl and the influx of many new immigrants. In past 3 months, 12 Detached homes were sold at average of $1.8M. The neighbourhood is notable for its higher education and above-average income. In 416 Elgin Mills Rd W neighbourhood, you will find many residents are Iranian, Italian, Pakistani, Chinese, and Egyptian. Public transit is not very convenient, but YRT bus lines on both Yonge and Bathurst Street can take commuters directly to Finch subway station, which links to the central transit system to downtown Toronto. It is an ideal place for hiking or jogging and takes around 50 mins to walk. Residents can find Longo and No Frill supermarkets, restaurants, banks, cafes, and many shops here. For a family looking for an affordable but safe neighbourhood with a great school zone in Richmond Hill, West Brook should be on top of the list.


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