- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $672at the range’s middle
- Lot
- 53.05 x 226.57 ft
- Tax a year
- $7,3502025 tax year
- Parking
- 82 detached
- Days on market
- Members
The brief
About 221 Elgin Mills Rd
221 Elgin Mills Rd is a 2-bedroom, 2-bathroom detached house in Mill Pond, Richmond Hill, listed for sale at an asking price of $1,175,900 (MLS® N14095630).
Welcome to this charming raised bungalow situated on a rare 50 x 226 ft lot in the prestigious Mill Pond neighborhood of Richmond Hill. Offering endless possibilities live in as-is, renovate, or build your dream home this property is a true gem for families and investors alike. Hardwood floors, and an eat-in kitchen overlooking the dining area with a walkout to the balcony. The main level boasts 2 bedrooms and a 4-piece bathroom, while the finished basement offers incredible versatility with a large recreation room, second kitchen, 3-piece bath, and laundry with cold storage. The expansive south-facing backyard provides ample space for outdoor living, landscaping, or future expansion. A 2-car detached garage plus parking for 6 vehicles ensures plenty of room for the whole family. Located in one of Richmond Hills most desirable communities, you're steps from Mill Pond Park, top-rated schools (St. Theresa of Lisieux CHS AP Program, Alexander Mackenzie HS IB Program), and all major amenities. Don't miss this exceptional opportunity in a sought-after location!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$4,028/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 detached homes with 2 bedrooms for lease in Mill Pond right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,350 / 2025
- MLS® number
- N14095630
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 53.05 x 226.57 ft
- Listed on
- Parking
- 2 Detached, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow-Raised
- Community
- Mill Pond
- Municipality
- Richmond Hill
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Lower
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 6
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 53.05 ft
- Depth
- 226.57 ft
- Lot Size
- 53.05 x 226.57 ft
Additional
- Foundation
- Concrete, Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Existing Appliances
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.64 × 4.27 m | Eat-In Kitchen, O/Looks Dining, Double Sink | Main |
| Dining | 3.81 × 4.37 m | W/O To Balcony, O/Looks Backyard | Main |
| Living | 3.4 × 4.37 m | hardwood floor, Double Closet, Large Window | Main |
| Primary | 3.51 × 3.43 m | Double Closet, Broadloom, Window | Main |
| 2nd Br | 3.51 × 3.53 m | Closet, Broadloom, Window | Main |
| Rec | 3.56 × 9.68 m | Tile Floor, Above Grade Window | Lower |
| Kitchen | 3.56 × 4.98 m | Tile Floor, Double Sink, Above Grade Window | Lower |
| Laundry | 3.58 × 4.65 m | Separate Rm, Double Sink, Tile Floor | Lower |
Listing history
Buy/sell history for 221 Elgin Mills Rd, Richmond Hill, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,175,900 | N/A | For Sale | N14095630 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $235,180
- Total mortgage amount
- $940,720
- Total interest payment
- $668,780
- Total purchase cost
- $1,844,680
- Mortgage payment
- $5,365/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
80%Monthly carrying cost
$5,978- Rent $1,950
- Shortfall $4,028
Rental income opens at $1,950, the median asking rent of 9 comparable homes for lease in Mill Pond. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $19,993
- Total land transfer tax
- $19,993
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $15,993
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,175,900
- $15,518
- Ontario total
- $19,993
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 12,020 sq ft1,117 m²
- Street frontage
- 53.05 ft16.2 m
- Depth
- 226.57 ft69.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 4 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 19.4 m.250 m
- Groundwater recorded about 3.7 m below ground nearbyThe middle water level in the well records within 500 m (40 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
- Nearest airport: 6.5 km6.5 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Gamma Foundries Inc. — Richmond Hill, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Detached homes for sale in Mill Pond right now
- For sale now
- 55
- Median asking price
- $1.99M
- New in 7 days
- 7
- Price cuts
- 9%
Middle half: $1.47M to $2.54M
26 in 28 days
5 listings
This home is asking 41% below the median, lower than three quarters of them.
See all homes in Mill PondAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / Elgin Mills | YRT bus rapid transit: Viva Blue | 650 m |
| Bernard Terminal | YRT bus rapid transit: Viva Blue | 950 m |
| Yonge / Crosby | YRT bus rapid transit: Viva Blue | 1.2 km |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 2.2 km |
| Richmond Hill GO | GO Transit train: Richmond Hill | 2.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mary Immaculate Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 550 m | 91%Grade 6 average |
| Silver Pines Public SchoolYork Region DSB | Public · grades JK–8 | 650 m | 80%Grade 6 average |
| O M MacKillop Public SchoolYork Region DSB | Public · grades JK–8 | 700 m | 64%Grade 6 average |
| Académie de la MoraineConseil scolaire Viamonde | French-language public · grades JK–6 | 6.9 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 1.3 km | 90%Grade 9 math |
| St Theresa of Lisieux Catholic High SchoolYork CDSB | Catholic · grades 9–12 | 1.6 km | 91%Grade 9 math |
| Richmond Hill High SchoolYork Region DSB | Public · grades 9–12 | 1.8 km | 81%Grade 9 math |
| Alexander MacKenzie High SchoolYork Region DSB | Public · grades 9–12 | 2 km | 77%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Mill Pond are shown to signed-in members.