121 days on Market

103 Richmond St, Richmond Hill, Ontario L4C 3Y6

Detached
4
5
- sqft
$1,649,000
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Detached
4
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,082/mo

Tax Amount (2024)$6,057/yr

Days On Market121 days


Description

Experience the perfect blend of historical charm, modern luxury, income capability and endless potential with this unique heritage property! Originally built in 1886 for Eliza Gaby, set on an extra-large 50 x 250 ft lot in the desirable Mill Pond community, this home offers a rare opportunity to preserve 138 years of history while enjoying a serene, tree-lined landscape. Fabulous & practical proposed/approved floor plans include 4 bedrooms, each with its own ensuite bath, and a fully separate 2-bedroom, 2-bath income-generating coach house, ideal for rental income, multi-generational living or for guests! Approved redevelopment plans are in place, making this a primed opportunity for buyers looking to enhance the home's historical beauty with modern amenities. The redevelopment, already cleared by the Heritage Committee, City Council and COA ensures preservation of the property's character while incorporating luxurious upgrades for future generations. The coach house adds significant income potential, making this property equally enticing for both residing homeowners and investors. This elegant home combines historical integrity with modern luxury, offering a rare chance to own a piece of history with endless potential. Steps to Mill Pond, Top Schools, Beautiful Parks, Walking/Biking Trails, Hospital and close to All Amenities!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size13,116 SqFt(261.5 x 50.16)
Parking Spaces8
MLS ®NumberN9267480
Community NameMill Pond
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Crawl Space

2nd Floor

4th Br

0.00 x 0.00

Prim Bdrm

0.00 x 0.00

2nd Br

0.00 x 0.00

3rd Br

0.00 x 0.00


Features

Lot size: 13,116 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage

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Market Data - Mill Pond

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2023

22 days

2022

9 days

2021

13 days

New Listings

Past 30 days

35 listings

Compared to

2023

13 listings

2022

15 listings

2021

13 listings

Units sold

Past 30 days

5 units

Compared to

2023

9 units

2022

2 units

2021

8 units

Median Sold Price

Past 30 days

$1,950,000

Compared to

2023

$1,649,000

2022

$2,660,000

2021

$2,007,500


Population and Demographics

Overview

Total population 11510
Average household income $157,974

Age (%)

50 to 64
26%
65 and plus
20%
0 to 19
20%
35 to 49
18%
20 to 34
17%

Household composition (%)

Single family
76%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
53%
Iranian Persian
12%
Mandarin
8%
Russian
7%
Italian
5%
Yue (Cantonese)
4%
Others
3%
Persian (Farsi)
2%
Korean
1%

House tenancy (%)

Owners
76%
Renters
24%

Schools and amenities

Estimated Budget