416 Elgin Mills Road, Richmond Hill, ON

$1,900,000
MLS#:N13673718
6 beds
1 baths
Commercial
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Added:Aug 13, 2026(14 days ago)
Updated:Aug 14, 2026(13 days ago)
Last Checked:18 minutes ago

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Westbrook. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 1 Bathroom with 3 functional kitchens
  • Premium 75 x 131 ft lot size
  • Convenient other garage included
  • equipped with yes central cooling and highly efficient gas forced air open heating via gas

Description

Rare opportunity to own a custom-built bungaloft offering exceptional flexibility in one of Richmond Hill's most desirable locations. Originally built as the builder's own residence, this unique property was thoughtfully designed with spacious principal rooms, multiple entrances, wheelchair accessibility, and 9-foot ceilings on the main floor. Located within a Neighbourhood Mixed Use (NMU) designated area, this versatile property presents a variety of possibilities for homeowners, professionals, entrepreneurs, and multi-generational families seeking a unique live/work-inspired environment. The functional layout offers dedicated spaces that can be adapted for a home office, professional workspace, or additional living needs, while maintaining the comfort and privacy of a residential setting. The bright loft retreat provides additional flexibility, and the expansive driveway accommodates up to 8 vehicles. Situated on a generous 75 x 131 ft lot in a prime Richmond Hill neighbourhood, with convenient access to transit, schools, parks, shopping, and major commuter routes. A rare opportunity to reimagine, renovate, and unlock the potential of a truly distinctive property in a highly sought-after location. The property is designated within a Neighbourhood Mixed Use (NMU) area under the City of Richmond Hill's updated planning framework. This designation may provide opportunities for a broader range of uses compared to traditional residential zoning. Buyers and their representatives are advised to conduct their own due diligence and confirm permitted uses, requirements, and approvals directly with the City of Richmond Hill.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This investment located at 416 Elgin Mills Road, Richmond Hill is currently for sale and has been available on SousaSells for 14 days. This property is listed at $1,900,000 with an estimated mortgage of $6,324* per month. It has 6 beds, 1 bathroom, and is unknown square feet. 416 Elgin Mills Road, Richmond Hill is in the Westbrook neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 6 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Westbrook, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 6 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • Desirable Investment architecture in Westbrook, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Westbrook, Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
1
Kitchens
3
Property Type
Commercial

Additional Details

StatusActive
AddedAug 13, 2026 (14 days ago)
UpdatedAug 14, 2026 (13 days ago)
Last Checked18 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size75 × 131 Feet
CountyYork
Annual Tax$8,507.18
Legal DescriptionPCL 136-1 SEC 65M2454; LT 136 PL 65M2454 ; RICHMOND HILL

Parking & Garage

Parking Space8
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 416 Elgin Mills Road, Richmond Hill, ON

Q.What is the asking price for 416 Elgin Mills Road, Richmond Hill, ON ?

The current listing price for 416 Elgin Mills Road, Richmond Hill, ON in Westbrook, Richmond Hill is $1,900,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 6 bedrooms and 1 bathroom.

Q.What property type and architectural style is 416 Elgin Mills Road, Richmond Hill, ON ?

416 Elgin Mills Road, Richmond Hill, ON is a Investment () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Yes.

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Location

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416 Elgin Mills Road, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Westbrook, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents30 incidents / yr
Average Per Month2.5 incidents / mo
Population Benchmark15,000 residents
Personal Safety
Very Low

5 assaults (33.3/100k)

Property Security
Low

7 B&E (46.7/100k)

Auto Theft Risk
Moderate

11 thefts (73.3/100k)

1-Year Trend
▼ 7%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 416 Elgin Mills Road W, Richmond Hill, ON L4C 4M2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$570,000 (30.0%)
* Minimum Canadian down payment required for this price is $380,000.
Amortization Period30 Years
Estimated Monthly Payment$6,324Based on a loan of $1,330,000 over 30 years.
Purchase Price$1,900,000
Loan Amount$1,330,000
Provincial Land Transfer Tax:$34,475
Total Estimated Closing Taxes:$34,475

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,900,000 in Richmond Hill, the legal minimum down payment is $380,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,475 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,475.

Similar Listings in Westbrook, Richmond Hill

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Westbrook, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Westbrook, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,891,962

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Westbrook, Richmond Hill

Elementary Schools

Silver Pines
Public112 Stave Crescent, Richmond Hill, Ontario, L4C 9J2
7.1
Trillium Woods
Public18 Alamo Heights Drive, Richmond Hill, Ontario, L4S 2P3
8.1
Corpus Christi
Public35 Squire Drive, Richmond Hill, Ontario, L4S 1C6
10.0
St Mary Immaculate
Public161 Regent Street, Richmond Hill, Ontario, L4C 9N9
8.7
Moraine Hills
Public85 Rollinghill Road, Richmond Hill, Ontario, L4E 4C7
8.2

Secondary Schools

Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9

Westbrook, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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