251 Oxford Street, Richmond Hill, ON
Mill Pond, Richmond Hill · MLS® N13802866
About this home
In short
- This stunning, modern, nearly-new 4+1 bedroom home in highly desirable Richmond Hill showcases expansive light-filled windows and a bright, airy layout.
- The beautifully crafted open-concept kitchen serves as a stylish and welcoming centerpiece, featuring premium stainless steel appliances and granite countertops.
- With over $100,000 in upgrades, it combines comfort, quality, and enhanced value throughout.
This stunning, modern, nearly-new 4+1 bedroom home in highly desirable Richmond Hill showcases expansive light-filled windows and a bright, airy layout. The beautifully crafted open-concept kitchen serves as a stylish and welcoming centerpiece, featuring premium stainless steel appliances and granite countertops. Motorized blinds in the kitchen and family room add effortless luxury and everyday comfort. The main floor also includes a private office, ideal for remote work or study. Each second-floor bedroom offers its own ensuite with sleek floating vanities, delivering a refined, hotel-inspired feel. The fully finished walkup basement includes an additional bedroom and a spacious open area, providing exceptional flexibility - perfect for a guest suite, recreation space, multigenerational living, or even a potential separate unit. Nestled in a prestigious neighborhood surrounded by luxury homes and top-rated schools such as St. Theresa of Lisieux, this property offers an outstanding lifestyle. With over $100,000 in upgrades, it combines comfort, quality, and enhanced value throughout.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13802866
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 40.26 × 140 ft
- Cross streets
- Bathurst & Elgin Mills
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Private
- Basement
- Walk-Up, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $10,510 / 2025
- Days on market
- 31
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
centre island · granite counters · b/i ctr-top stove
double closet · 3 pc bath · laminate
open concept · pot lights · hardwood floor
pot lights · 3 pc ensuite · hardwood floor
double closet · 5 pc ensuite · hardwood floor
double closet · 5 pc ensuite · hardwood floor
large window · pot lights · hardwood floor
w/o to garage · tile floor
walk-up · pot lights · laminate
double closet · 3 pc ensuite · hardwood floor
open concept · large window · hardwood floor
combined w/living · pot lights · hardwood floor
Listed at $2,689,000. 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 $2.64M, if it sells. A realistic range is $2.48M to $2.98M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $2.64M, from 20 recent closings in this pocket.
The market behind the math:
About 2.4 months of inventory: 16 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $827/sqft against an area asking average of $752/sqft.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $1.78M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 20 comparable homes that sold in Mill Pond over the past two years, from 156 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $737/sqft; this home lists at $827/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
Mill Pond, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,151,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,894
- Property tax
- $876
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,770
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,700
- Estimated closing costs
- $53,700
Plus your down payment of $537,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $713,661
- Principal paid down
- $262,837
- Interest paid
- $450,824
- Balance remaining
- $1,888,363
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe 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 $6,619. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.