43.8871° N · 79.4511° W — Mill Pond, Richmond Hill — MLS® #N14119826
281 Elgin Mills Rd
$2,199,000
Mill Pond, Richmond Hill, Ontario L4C 4M1
- 3
- BedroomsBeds
- 3
- BathroomsBaths
- 700-1100 sqft700-1100
- SizeSq ft
- 102.68 x 212.16 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
281 Elgin Mills Rd is a 3-bedroom, 3-bathroom detached house in Mill Pond, Richmond Hill, listed for sale at an asking price of $2,199,000 (MLS® N14119826).
ATTENTION BUILDERS, DEVELOPERS & INVESTORS - DON'T MISS THIS RARE OPPORTUNITY!A rare opportunity to acquire a substantial infill development site in the highly desirable Yonge Street and Elgin Mills corridor of Richmond Hill. Featuring an impressive 102 x 212 ft lot, this property offers significant redevelopment potential in a supply-constrained market. The proposed development envisions 10 to 11 spacious, freehold townhomes, each approximately2,000 sq. ft., featuring three-storey layouts, attached single-car garages, and private rooftop terraces. A site plan is available for review. The property may also offer potential for a purpose-built rental apartment development through the CMHC (Canadian Housing And Mortgage Corporation) purpose built rental Program! Ideally located just steps from Yonge Street, the property offers convenient access to public transit, shopping, schools, parks, Mill Pond, the hospital, and a wide range of everyday amenities. The existing homes may also provide rental income during the holding period, subject to their condition and applicable requirements. A PRIME INFILL OPPORTUNITY WITH MULTIPLE DEVELOPMENT POSSIBILITIES. Whether you're a builder looking for your next townhouse project, a developer exploring purpose-built rental housing, oran investor seeking long-term value, this property deserves your immediate attention. Opportunities like this are rare - secure your position in one of Richmond Hill's desirable growth corridors. Bring your vision, explore the possibilities, and take the next step toward your next successful project!
Listing readings
How it measures up
Scores from the listing record and the market around it.
68Good
Condition score
6 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
5Shortfall
Cash flow quality
−$7,601/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 6 detached homes with 3 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 data table
Every fact
Everything the board publishes for this home.
- Tax
- $8,019 / 2025
- MLS® number
- N14119826
- Board
- TRREB MLS®
- Property Type
- Detached
- Time on market
- Size
- 700-1100 sqft
- Lot Size
- 102.68 x 212.16 ft
- Listed on
- Parking
- 1 Other, 11 Parking
Listing history
Listing activity for 281 Elgin Mills Rd, Richmond Hill, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,199,000 | N/A | For Sale | N14119826 |
Inside
Room by room
From the listing.
- Living3.1 × 4.0 mWindow
- Primary2.0 × 2.1 mWindow, Closet
- 2nd Br2.1 × 1.85 m
- 3rd Br2.0 × 1.9 mWindow, Closet
- 4th Br1.8 × 2.1 m
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Mill Pond
- Municipality
- Richmond Hill
Building
- Size
- 700-1100 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 3pc Main, 1 × 3pc Main
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Other
- Garage
- 1
- Additional Parking
- 10
- Total Parking
- 11
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 102.68 ft
- Depth
- 212.16 ft
- Lot Size
- 102.68 x 212.16 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / Elgin Mills | YRT bus rapid transit: Viva Blue | 800 m |
| Bernard Terminal | YRT bus rapid transit: Viva Blue | 1.1 km |
| 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 | 2.5 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.
Around it
Detached in Mill Pond
Active listings only, today.
Detached homes for sale in Mill Pond right now
- For sale now
- 54
- Median asking price
- $1.94M
- New in 7 days
- 6
- Price cuts
- 9%
Middle half: $1.34M to $2.56M
25 in 28 days
5 listings
This home is asking 13% above the median.
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.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
- provincial plansOn recordInside 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.
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 6.6 km
- water wellsOn record5 water-supply wells recorded within 250 m All were drilled for domestic use. 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 20.6 m.
- groundwaterOn recordGroundwater recorded about 4.2 m below ground nearby The middle water level in the well records within 500 m (28 records). It changes with the season and from spot to spot.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Gamma Foundries Inc. — Richmond Hill, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre 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.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or 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.
Lot
- Lot area
- 21,785 sq ft2,024 m²
- Street frontage
- 102.68 ft31.3 m
- Depth
- 212.16 ft64.7 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 transfer tax on this home
- Ontario land transfer tax
- $41,450
- Total land transfer tax
- $41,450
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $37,450
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,199,000
- $4,975
- Ontario total
- $41,450
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- St Mary Immaculate Catholic Elementary SchoolYork CDSBCatholic · grades JK–891%Grade 6 average450 m
- Silver Pines Public SchoolYork Region DSBPublic · grades JK–880%Grade 6 average500 m
- O M MacKillop Public SchoolYork Region DSBPublic · grades JK–864%Grade 6 average750 m
- Académie de la MoraineConseil scolaire ViamondeFrench-language public · grades JK–687%Grade 6 average7 km
SecondaryGrade 9 math 2024–25
- École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–1290%Grade 9 math1.3 km
- St Theresa of Lisieux Catholic High SchoolYork CDSBCatholic · grades 9–1291%Grade 9 math1.5 km
- Alexander MacKenzie High SchoolYork Region DSBPublic · grades 9–1277%Grade 9 math1.9 km
- Richmond Hill High SchoolYork Region DSBPublic · grades 9–1281%Grade 9 math2 km
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.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$10,701
- Mortgage$10,033
- Property tax$668
A planning figure, not a quote.
Land transfer tax
$41,450
$37,450 for first-time buyers.
Rent, similar homes
$3,100
a month, median asking rent of 6 similar homes in Mill Pond.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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