238 Mill Street, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N13759108

$1,728,000
For Sale
Listed 40 days agoNo offer date stated
Request a showing
◎ Directions
3+3Bedrooms
3Bathrooms
1.5Garage · 8 parking
1100-1500Sq ft

About this home

In short

  • A rare opportunity in the highly sought-after Mill Pond community.
  • Set on an impressive 90 ft x 185 ft lot with potential lot severance.
  • Over one-third of an acre-this beautifully renovated, completely turnkey mid-century modern bungalow offers exceptional privacy, distinctive design and future potential.
  • Professionally landscaped grounds, mature front landscaping and a circular driveway further enhance the property's privacy, character and curb appeal.
  • An exceptional opportunity for end users, investors and builders alike.

A rare opportunity in the highly sought-after Mill Pond community. Set on an impressive 90 ft x 185 ft lot with potential lot severance. Over one-third of an acre-this beautifully renovated, completely turnkey mid-century modern bungalow offers exceptional privacy, distinctive design and future potential.Just 150 metres from Mill Pond, the home blends mid-century modern architecture with Japanese-inspired design, creating a peaceful, Zen-like atmosphere. The expansive south-facing backyard is surrounded by mature trees, offering a private, cottage-like setting in the city. Professionally landscaped grounds, mature front landscaping and a circular driveway further enhance the property's privacy, character and curb appeal.Thoughtfully renovated with quality craftsmanship and meticulous attention to detail, the home is ready to enjoy from day one. The outdoor space features two stone patios, a fully screened sunroom with infrared heating for extended seasonal use. App-controlled outdoor lighting system, and two custom-built sheds on concrete pads.For those looking ahead, the exceptional 90-foot frontage and expansive lot may offer future severance or redevelopment possibilities. Located within the boundaries of highly regarded schools, including Alexander Mackenzie High School, known for its IB and Arts programs, and St. Theresa de Lisieux, the top ranked high school in Ontario.Close to Richmond Hill Centre for the Performing Arts, Mackenzie Health, Richmond Hill Central Library, YRT and GO Transit, with convenient access to Highways 400, 404 and 407 and Highway 7.Move in today. Invest in tomorrow. An exceptional opportunity for end users, investors and builders alike.

Key facts

Property type
Detached, Bungalow
MLS®
N13759108
Bedrooms
3+3 (6 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
90 × 185 ft
Cross streets
Mill & Trench
Parking
1.5 garage · 8 parking (attached)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Metal
Sewer
Sewer
Property tax
$8,107 / 2025
Days on market
40
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Media RoomBasement5.51 × 2.97 m
Bedroom 3Ground3.35 × 3.02 m

hardwood floor · double closet · picture window

LaundryBasement2.17 × 3.41 m
Bedroom 2Ground3.92 × 3.34 m

hardwood floor · overlooks frontyard · picture window

Primary BedroomGround3.35 × 3.22 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Dining RoomGround3.43 × 3.12 m

hardwood floor · picture window · open concept

Living RoomGround5.06 × 4.23 m

hardwood floor · gas fireplace · open concept

KitchenGround4.79 × 3.14 m

stainless steel appl · picture window

Bedroom 3Basement3.56 × 3.10 m

cork floor · above grade window

Family RoomBasement4.73 × 4.03 m

Cork Floor

Bedroom 2Basement3.80 × 3.60 m

cork floor · above grade window

BedroomBasement4.09 × 3.02 m

cork floor · above grade window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Mill Pond · asking prices
$1.12Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $861/sqft; this home lists at $1,329/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.73MThis home988k1.19M1.18MThis home vs active comparables

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.

North Richvale
$1.46M
Crosby
$2.05M
Westbrook
$1.58M
Observatory
$2.02M
Rouge Woods
$1.77M

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
$7,876/mo
$324KIncome needed
5.3×Price ÷ income
$1,817Weekly cost
$31,035Land 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 $7,876Property tax $676Total carry $8,551

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,644per month

Mortgage amount $1,382,400 · 4.49% over 25 years

$345,600Down payment (20.0%)
$1,382,400Loan before insurance
$0CMHC premium
$8,319Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,644
Property tax
$676
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,319

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

One-time closing costs

Ontario land transfer tax
$31,035
Estimated closing costs
$31,035

Plus your down payment of $345,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,251/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

$910,658Total interest paid
$2,293,058Total of all payments
Principal $1,382,400 Interest $910,658
YearPrincipalInterestBalance
1$30,849$60,873$1,351,551
2$32,250$59,472$1,319,301
3$33,714$58,008$1,285,587
4$35,245$56,477$1,250,342
5$36,845$54,877$1,213,496
6$38,518$53,204$1,174,978
7$40,267$51,455$1,134,711
8$42,095$49,627$1,092,616
9$44,007$47,716$1,048,609
10$46,005$45,718$1,002,604
11$48,094$43,629$954,511
12$50,277$41,445$904,234
13$52,560$39,162$851,674
14$54,946$36,776$796,727
15$57,441$34,281$739,286
16$60,049$31,673$679,237
17$62,776$28,947$616,461
18$65,626$26,096$550,835
19$68,606$23,117$482,229
20$71,721$20,002$410,509
21$74,977$16,745$335,532
22$78,381$13,341$257,150
23$81,940$9,782$175,210
24$85,661$6,062$89,550
25$89,550$2,172$0

At the end of your 5-year term

Total paid over the term
$458,612
Principal paid down
$168,904
Interest paid
$289,708
Balance remaining
$1,213,496

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
Estimate$2,300/mo
$27,600Gross annual rent
0.9%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.6%
Gross yield
− Property tax $8,107− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,057

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

CallRequest a showing