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RICHMOND STREET, Richmond Hill (Mill Pond), ON, L4C3Y9
3 Beds
1 Baths
$1,320,000
Asking Price
Attention to builder, developer and homeowner, apportunity to own a property in highly desired Mill Pond neighborhood in Richmond Hill. Premium 62 x 150 ft lot. Committe of adjustment approved for a single building with 5294 SF gross floor area. A complete set of drawings is ready for building permit application. (id:24493) MLS® #N12588248 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
Recommended Strategy:
Property Type
House
Status
For Sale
Separate Entrance
No
Strengths
• Highly desired Mill Pond neighborhood
Weaknesses
• Potential high construction cost
Opportunities
• Committe of adjustment approved for a single building
Threats
• Market fluctuations
Down Payment
Canadian semi-annual compounding
Down
$264,000
Loan
$1,056,000
Monthly P+I
$7,073
= $264,000 · 20.0% committed
Auto-calculated from mortgage above
Ontario default: 1.2% of $1,320,000 ÷ 12
Monthly Summary
Mortgage (P+I)
$7,073
Property Tax
$1,320
Total Out
$8,393
Rental In
$0
Net / Month
-$8,393
Net Cash Flow
Enter rental income to activate the gauge
Asking Price
Posted May 30, 2026 · 17 days ago
3 bd
·
1 ba
