20 Bridewell Crescent, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N13650892

$1,800,100
For Sale
Listed 73 days agoNo offer date statedSitting longer than typical
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5Bedrooms
4Bathrooms
2Garage · 7 parking
3000-3500Sq ft

About this home

In short

  • Rare opportunity in sought-after Heritage Estates at Mill Pond.
  • Set on a quiet, tree-lined crescent, this impressive, detached home offers approximately 3,400 sq. ft. above grade on apremium lot.
  • Enjoy an updated eat-in kitchen with granite counters, stainless steel appliances, cabinetry, backsplash and flooring, a large family room with big windows and...
  • The generous primary bedroom includes a walk-in closet and ensuite with double sinks, shower and bathtub.
  • Outstanding future-use potential: Currently expired permit for two proposed self-contained basement suites approximately 1,046 sq. ft. with 2 bedrooms and...

Rare opportunity in sought-after Heritage Estates at Mill Pond! Set on a quiet, tree-lined crescent, this impressive, detached home offers approximately 3,400 sq. ft. above grade on apremium lot. The spacious layout features 5 bedrooms and 4 bathrooms, including a main-floor bedroom ideal for guests, multigenerational living or a private home office. Enjoy an updated eat-in kitchen with granite counters, stainless steel appliances, cabinetry, backsplash and flooring, a large family room with big windows and fireplace, hardwood flooring on the mainand second levels, and granite counters in all four bathrooms. The generous primary bedroom includes a walk-in closet and ensuite with double sinks, shower and bathtub. Additional updates include roof shingles, windows, furnace and owned hot-water tank. A large, interlocked backyard framed by mature trees provides exceptional space for entertaining. Double garageplus parking for 5 vehicles on the driveway, with no sidewalk. Walking distance to Stavert Park tennis courts, playgrounds, Mill Pond trails and more. Outstanding future-use potential: Currently expired permit for two proposed self-contained basement suites approximately 1,046 sq. ft. with 2 bedrooms and approximately 595sq. ft. with 1 bedroom each designed with a kitchen, bathroom, laundry and separate entrance. A separate City-reviewed drawing set depicts an approximately 508 sq. ft. second-flooraddition above the garage, designed as a guest room with washroom and balcony. No construction has commenced. Buyer to verify current permit status, approved scope, renewal requirements, zoning, construction feasibility, costs and all municipal requirements. Note: The photos have been virtually staged for illustration purposes only. Furnishings and decor shown are not currently present or included in the sale. HVAC/humidifier: Installed 2017 w/10 yrs waranty. Kitchen/appliances updated 2017. Roof done 2018 w/40-yrs waranty. Bath granite counters 2024.

Key facts

Property type
Detached, 2-Storey
MLS®
N13650892
Bedrooms
5
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
53.86 × 115.67 ft
Cross streets
Elgin Mills / Regent
Parking
2 garage · 7 parking (attached)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,855 / 2026
Days on market
73
Listing brokerage
HOMELIFE FRONTIER REALTY INC.

Rooms

Living RoomMain5.55 × 3.50 m

Hardwood Floor

Primary BedroomSecond7.30 × 4.00 m

walk-in closet(s) · ensuite bath

Dining RoomMain4.00 × 3.50 m

Hardwood Floor

Bedroom 3Second4.50 × 3.60 m

ensuite bath · closet

BedroomMain3.65 × 3.00 m
Bedroom 4Second3.96 × 3.96 m

south view · closet

Family RoomMain5.50 × 3.65 m

Fireplace

Bedroom 2Second3.60 × 3.50 m

ensuite bath · closet

KitchenMain7.00 × 3.50 m

double sink · eat-in kitchen · granite counters

LaundryMain0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.77Mlikely sale price

Listed at $1,800,100. Going by how homes in Mill Pond and the wider GTA have actually closed against their asking prices (about 98%, 20 local closings in 90 days), the likely sale price is near $1.77M, if it sells. A realistic range is $1.66M to $1.99M.

Independent value check: $1.65M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.55M and $1.73M).

Why $1.65M. The typical detached home sold in Mill Pond over the past year went for about $1.53M (73 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,855 a year; the typical home sold here pays about $7,900.
  • ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it slightly2 garage and 7 total parking spaces, against 2 and 6 typically.

Longer on the market than typical. 73 days on the market against about 27 for homes like it here, and asking 9% above where comparable closings put it.

List price
$1.66MBelow recent closings$1.99MAbove recent closings

Total price vs nearby homes. Likely closing about $1.77M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$1.30Mmedian sold price
101%of asking, on average
−15%prices vs a year ago
~20 dayshomes like this take to sell
73days on market so far
$6,494/moest. rent · 28 leases
4.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 17 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $554/sqft against an area asking average of $612/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.62M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($554/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 20 comparable homes that sold in Mill Pond over the past two years, from 156 closings there.

Sold price trend

Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

Neighbourhood & location

Mill Pond, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Westbrook
$1.58M
North Richvale
$1.46M
Crosby
$2.05M
Jefferson
$1.41M
Observatory
$2.02M

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$8,204/mo
$339KIncome needed
5.3×Price ÷ income
$1,893Weekly cost
$32,477Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $8,204Property tax $738Total carry $8,942

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,962per month

Mortgage amount $1,440,080 · 4.49% over 25 years

$360,020Down payment (20.0%)
$1,440,080Loan before insurance
$0CMHC premium
$8,700Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,962
Property tax
$738
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,700

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$32,477
Estimated closing costs
$32,477

Plus your down payment of $360,020. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,637/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$948,655Total interest paid
$2,388,735Total of all payments
Principal $1,440,080 Interest $948,655
YearPrincipalInterestBalance
1$32,136$63,413$1,407,944
2$33,596$61,954$1,374,348
3$35,121$60,428$1,339,227
4$36,716$58,834$1,302,511
5$38,383$57,167$1,264,129
6$40,125$55,424$1,224,003
7$41,947$53,602$1,182,056
8$43,852$51,698$1,138,205
9$45,843$49,707$1,092,362
10$47,924$47,625$1,044,437
11$50,100$45,449$994,337
12$52,375$43,174$941,962
13$54,753$40,796$887,209
14$57,239$38,310$829,970
15$59,838$35,712$770,132
16$62,555$32,995$707,578
17$65,395$30,154$642,183
18$68,364$27,185$573,818
19$71,468$24,081$502,350
20$74,713$20,836$427,637
21$78,105$17,444$349,532
22$81,652$13,898$267,880
23$85,359$10,190$182,521
24$89,235$6,315$93,286
25$93,286$2,263$0

At the end of your 5-year term

Total paid over the term
$477,747
Principal paid down
$175,951
Interest paid
$301,796
Balance remaining
$1,264,129

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 28 whole-home leases in Mill Pond$6,494/mo
$77,928Gross annual rent
3.3%Cap rate after taxes and upkeep
$5,946 to $7,020Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 28 whole-home leases in Mill Pond signed at a median of $6,318 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,494. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.3%
Gross yield
− Property tax $8,855− Insurance $1,400− Vacancy & upkeep $8,572Net operating income $59,101

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE FRONTIER REALTY INC.. MLS®/PropTx.

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