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

221 Elgin Mills Rd W

LocationMill Pond, Richmond Hill, L4C 4M1
$1.176M For Sale
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Description

Welcome to this charming raised bungalow situated on a rare 50 x 226 ft lot in the prestigious Mill Pond neighborhood of Richmond Hill. Offering endless possibilities live in as-is, renovate, or build your dream home this property is a true gem for families and investors alike. Hardwood floors, and an eat-in kitchen overlooking the dining area with a walkout to the balcony. The main level boasts 2 bedrooms and a 4-piece bathroom, while the finished basement offers incredible versatility with a large recreation room, second kitchen, 3-piece bath, and laundry with cold storage. The expansive south-facing backyard provides ample space for outdoor living, landscaping, or future expansion. A 2-car detached garage plus parking for 6 vehicles ensures plenty of room for the whole family. Located in one of Richmond Hills most desirable communities, you're steps from Mill Pond Park, top-rated schools (St. Theresa of Lisieux CHS AP Program, Alexander Mackenzie HS IB Program), and all major amenities. Don't miss this exceptional opportunity in a sought-after location!

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 2
  • Bathrooms
    Bathrooms: 2
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 53.05 x 226.57 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 7350.00
  • MLS
    N14095630
  • Listing contracted with: REMAX YOUR COMMUNITY REALTY
Room Size(M) Description
Kitchen4.27x2.64

Eat-in Kitchen, Overlooks Dining, Double Sink

Dining Rm4.37x3.81

W/O To Balcony, Overlooks Backyard

Living Rm4.37x3.40

Hardwood Floor, Double Closet, Large Window

Primary B3.43x3.51

Double Closet, Broadloom, Window

2nd Br3.53x3.51

Closet, Broadloom, Window

Recreatio9.68x3.56

Tile Floor, Above Grade Window

Kitchen4.98x3.56

Tile Floor, Double Sink, Above Grade Window

Laundry4.65x3.58

Separate Rm, Double Sink, Tile Floor



Bathroom Pieces Level
1xBath4 pcs

Main

1xBath3 pcs

Lower



Property Summary

Located close to the intersection of Elgin Mills Rd W and Regent St, 221 Elgin Mills Rd W is a 2 bedrooms 2 washrooms Detached. The unit has a Double Detached Parking Spaces. The property has many nice features including Other. Kitchen, Dinning Room Rm, Living Room Rm, Primary B and second bedroom are on the Main floor; Recreation Roomreatio, Kitchen and Laundry are on the Lower floor.

Home Market Analysis

For Sale

For Lease

Rent levels have increased 3% compared with the same period last year.

Recent Comparable Value Range
$1,050,000 – $1,410,000
Recent 6-Month Rent Range
$3,350 – $3,800/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
27 Days
Similar homes have recently sold in about 27 days on median.
Price Position
4.4% Lower
The asking price is below the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 45% of residents hold a bachelor's degree or higher, while about 18% 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 (2.3km) - Free Parking available, parking lots: 2004

Location





Community Overview

221 Elgin Mills Rd W is at North East Corner of Mill Pond Community. Mill Pond community runs from Yonge St on the East to Major Mackenzie in the south, Bathurst St on the west, and Elgin Mills in the north. With its lush setting and home to various wildlife species, the pond attracts many visitors and residents alike. A fine collection of Georgian-Revival-style houses forms the Heritage Estates subdivision close to Regent Street and Ellery Drive. In past 3 months, 20 Detached homes were sold at average of $1.34M. Close to Mill Pond Park and west of the park saw higher income levels than the east. In 221 Elgin Mills Rd W neighbourhood, you will find many residents are Italian, Chinese, Jewish, Iranian, and German. The nearest Go station is the Richmond Hill Go. Mill Pond Park is a popular outdoor recreation and entertainment area. Many local shops and restaurants are available along Yonge Street in Richmond Hill's historic downtown district. The mature neighbourhood of Mill Pond Richmond Hill features distinctive heritage homes and streets lined with mature trees. The area surrounds Mill Pond, which is a major outdoor entertainment area in Richmond Hill's thriving community.


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