31 Millman Lane, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13818436

$899,000
For Sale
Listed 26 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Backing Onto The Serene Greenbelt.
  • Featuring A Modern Kitchen With Stainless Steel Appliances, The Primary Bedroom Includes A 4 Piece Ensuite And His And Hers Closets.
  • Open Concept Living And Dining Areas Are Filled With Natural Light And Showcase Peaceful Greenbelt Views.
  • 10 Ft Ceilings And Smooth Ceilings On The Main Floor.
  • Prime Location Just Minutes To Richmond Green Secondary School, Sports Facilities, Parks, Costco, Public Transit, Restaurants, Shopping Plazas, Highway 404, Home...

****Backing Onto The Serene Greenbelt. This 1,920 Sqft. Townhome Features 4 Bedrooms And 3 Bathrooms. The Ground Floor Recreation Room Can Be Used As A 4th Bedroom Perfect For Extended Family, Guests, Or A Home Office. Featuring A Modern Kitchen With Stainless Steel Appliances, The Primary Bedroom Includes A 4 Piece Ensuite And His And Hers Closets. Open Concept Living And Dining Areas Are Filled With Natural Light And Showcase Peaceful Greenbelt Views. 10 Ft Ceilings And Smooth Ceilings On The Main Floor. Prime Location Just Minutes To Richmond Green Secondary School, Sports Facilities, Parks, Costco, Public Transit, Restaurants, Shopping Plazas, Highway 404, Home Depot, And More.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13818436
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
19.68 × 78.63 ft
Cross streets
Leslie St / 19th Ave
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Days on market
26
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 2Third2.80 × 3.05 m

broadloom · closet · window

Living RoomSecond5.73 × 3.23 m

overlook greenbelt · w/o to deck · combined w/kitchen

Dining RoomSecond3.47 × 3.96 m

large window · open concept · 2 pc bath

RecreationGround3.66 × 4.40 m

broadloom · separate room · w/o to yard

Primary BedroomThird4.51 × 3.35 m

his and hers closets · 4 pc ensuite · w/o to balcony

KitchenSecond3.54 × 2.62 m

combined w/living · stainless steel appl · quartz counter

BreakfastSecond3.54 × 2.62 m

overlook greenbelt · open concept · combined w/kitchen

Bedroom 3Third2.80 × 3.32 m

broadloom · closet · 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

Neighbourhood & location

Rural Richmond Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Rouge Woods
$1.00M
Jefferson
$999K
Westbrook
$1.07M
Oak Ridges Lake Wilcox
$1.02M
Oak Ridges
$1.09M

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
$4,097/mo
$178KIncome needed
5.0×Price ÷ income
$946Weekly cost
$14,455Land 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.

88%mortgage
Mortgage $4,097Estimated property tax $562Total carry $4,659

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%
$
%
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)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,538Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Estimated property tax
$562
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,538

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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$3,150/mo
$37,800Gross annual rent
2.9%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.

4.2%
Gross yield
− Property tax $6,293− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,949

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

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