$1,499,000
For sale: Detached

Excellent Investment Opportunity in Richmond Hill's Prestigious Mill Pond Community! This exceptional unique legal Duplex with an additional third In-Law Suite. A rare find property with two separate front doors side by side to main and 2nd floor' units with a walk-up separate Basement Unit on the side. Also can easily be converted to Single Family Home with Accessory Apartment with Separate Entrance. Upper and Lower Units currently being rented to marvelous tenants for more than 4 and 14 years. One could generate possibly and easily a market rental value of $6,000 per month with all 3 units making it ideal for investors or homeowners. Lots of natural light throughout main and second floor. Two bright spacious 2-bedroom units on the main and second floor. 1 bedroom with Den Basement unit has above grade windows. furnace (2023) and roof (2022). Set on a 62.5" x 90" lot, the property offers plenty of space, with garden shed, each unit is organized with its own garbage cabinet unit. A standout feature to green space and community amenities. Enjoy the convenience of being within walking distance to Mill Pond, scenic trails, and beautiful parks. Right behind Performance Art Centre on Yonge St and its Transits. Just Minutes to Mackenzie Health Hospital, Richmond Hill Library, top-rated Alexander Mackenzie High School, French Emerson school one block away, shopping, restaurants, and more! Don't miss this rare opportunity to own a versatile, income-generating property in one of Richmond Hills most sought-after neighborhoods!
Sold data
Detached homes in Richmond Hill (Mill Pond) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 266 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $1,498,400.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 266 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Mill Pond) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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