Frontside or backside of a home, the street view for 281 Elgin Mills Rd, Richmond Hill Ontario L4C 4M1
67 days on Market

281 Elgin Mills Rd, Richmond Hill, Ontario L4C 4M1

Detached
3
3
- sqft
$2,890,000
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Detached
3
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$12,411/mo

Tax Amount (2023)$6,800/yr

Days On Market67 days


Description

Attention Builders! Your Building Opportunity Awaits You In Central Richmond Hill. Proposed 11 Freehold Townhome Development. Site Plan Available. Each Townhome Approx 2000SF, 3 Storey, Single Garage. Located Near Mill Pond, Hospital, School, Park. Close To Public Transit. Seller will take back a mortgage at a negotiable rate for 1 year.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size21,985 SqFt(213.22 x 103.11)
Parking Spaces11
MLS ®NumberN10422186
Community NameMill Pond
Data SourceTRREB
Listing byRE/MAX HALLMARK YORK GROUP REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Features

Lot size: 21,985 SqFt

Parking

Garage spaces 1

Garage type Other

Other parking spaces 10

Total parking spaces 11


Property listed by RE/MAX HALLMARK YORK GROUP REALTY LTD., Brokerage

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Market Data - Mill Pond

Geo Zone Map ThumbnailMill Pond

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

62 days

Compared to

2024

17 days

2023

40 days

2022

28 days

New Listings

Past 30 days

27 listings

Compared to

2024

10 listings

2023

14 listings

2022

8 listings

Units sold

Past 30 days

6 units

Compared to

2024

1 unit

2023

4 units

2022

7 units

Median Sold Price

Past 30 days

$1,525,000

Compared to

2024

$1,357,000

2023

$2,112,750

2022

$2,350,000


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