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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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416 Elgin Mills Road W
homes for sale · Richmond Hill · Westbrook
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$1,900,000

416 Elgin Mills Road W

Westbrook, Richmond Hill · MLS® N13683830

6510

House · Single Family · 68 days on market

listed by LILIAN HANNA, RE/MAX METROPOLIS REALTY

realtor's 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.

property details

type
House, Single Family
bedrooms
6
bathrooms
5
parking
10
property tax
$8,507 / yr
days on market
68
MLS®
N13683830

features

  • Wheelchair access
  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Window Coverings

monthly cost

$8,987/mo
Mortgage $8,278 · Tax $709

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$8,278/ monthly
loan $1,520,000
25-year amortization
total interest
$963,435
cash to close
$380,000
down payment; transfer tax and fees not included
total paid
$2,483,435

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Westbrook, Richmond HillGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
LILIAN HANNA
RE/MAX METROPOLIS REALTY
call LILIAN · 905-824-0788
Powered by: REALTOR.ca

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location

Westbrook, Richmond HillGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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