1201-56 Elizabeth St
Mill Pond, Richmond Hill, Ontario L4C 5W2
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $572at the range’s middle
- Tax a year
- $3,4512026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1201-56 Elizabeth St
1201-56 Elizabeth St is a 2-bedroom, 2-bathroom condo townhouse in Mill Pond, Richmond Hill, listed for sale at an asking price of $629,000 (MLS® N14030026).
Stunning Two-Bedroom, Two-Bathroom Corner Unit In The Heart Of Richmond Hill. Offering Exceptional Value In A Highly Desirable Neighbourhood Surrounded By Multi-Million-Dollar Homes. Tasteful Upgrades And A Functional Layout Complement Three Exposures With North, East, And West-Facing Views, Providing Abundant Natural Light And A Wonderful Sense Of Openness. This Rare Floor Plan Is Found In Only Six Units Throughout The Community. Enjoy The Feel Of A Stacked Townhome Without The Hassle Of Multiple Stairs Or Levels. Ideally Located In Downtown Richmond Hill, Just Minutes From Libraries, Pools, Hospitals, Top-Rated Schools, Transit, And A Wide Range Of Amenities. Enjoy The Perfect Blend Of Comfort, Convenience, And Value In One Of Richmond Hill's Most Appealing Communities.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall21/100−$1,412/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 15 homes with 2 bedrooms for lease in Mill Pond right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,451 / 2026
- MLS® number
- N14030026
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 0-5
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Community
- Mill Pond
- Municipality
- Richmond Hill
Building
- Size
- 1000-1199 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge, Stove, Dishwasher, Microwave. Washer/Dryer. Window Coverings
- Condo maint.
- $454
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Primary | 3.119 × 4.85 m | 3 Pc Ensuite, W/I Closet | Main |
| 2nd Br | 2.93 × 3.27 m | Nw View, Closet | Main |
| Great Rm | 3.63 × 4.47 m | Ne View | Main |
| Kitchen | 3.77 × 3.69 m | Stainless Steel Appl, Quartz Counter, Combined W/Great Rm | Main |
| Bathroom | 1.5 × 3.18 m | 3 Pc Ensuite, Glass Doors | Main |
| Bathroom | 1.65 × 2.61 m | 4 Pc Bath | Main |
| Foyer | 1.3 × 1.01 m | Closet | Main |
Listing history
Buy/sell history for 1201-56 Elizabeth St, 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 | $629,000 | N/A | For Sale | N14030026 |
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
- $125,800
- Total mortgage amount
- $503,200
- Total interest payment
- $357,800
- Total purchase cost
- $986,800
- Mortgage payment
- $2,870/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
59%Monthly carrying cost
$3,612- Rent $2,200
- Shortfall $1,412
Rental income opens at $2,200, the median asking rent of 15 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
- $9,055
- Total land transfer tax
- $9,055
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,055
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 $629,000
- $4,580
- Ontario total
- $9,055
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
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
- No water-supply well recorded within 250 m8 test or monitoring holes also recorded.250 m
- Groundwater recorded about 6 m below ground nearbyThe middle water level in the well records within 500 m (86 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
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.3 km5.3 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 Magna Exteriors Inc. — Rollstamp - 254 Centre Street, 1.2 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 50/10 Mbps or faster. 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, Dotto One, Rogers, telMAX. 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
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 450 m |
| Yonge / Crosby | YRT bus rapid transit: Viva Blue | 750 m |
| Richmond Hill GO | GO Transit train: Richmond Hill | 1.1 km |
| Yonge / Weldrick | YRT bus rapid transit: Viva Blue | 1.5 km |
| Yonge / Elgin Mills | YRT bus rapid transit: Viva Blue | 1.8 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 |
|---|---|---|---|
| O M MacKillop Public SchoolYork Region DSB | Public · grades JK–8 | 1 km | 64%Grade 6 average |
| St Mary Immaculate Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.4 km | 91%Grade 6 average |
| Pleasantville Public SchoolYork Region DSB | Public · grades JK–8 | 1.4 km | 77%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.7 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 500 m | 90%Grade 9 math |
| Alexander MacKenzie High SchoolYork Region DSB | Public · grades 9–12 | 650 m | 77%Grade 9 math |
| Bayview Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.1 km | 91%Grade 9 math |
| Our Lady Queen of the World CA High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 79%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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Sold prices in Mill Pond are shown to signed-in members.