63 Willett Crescent, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N13852022

$2,598,000
For Sale
Listed 18 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • Unique property .Truly One Of The Most Beautiful Homes In Richmond Hill, Prestigious Mill Pond Neighbourhood, Beautifully Renovated/Upgraded With Quality Workmanship...
  • The House is updated with 3-Way Switches, New Pipes and Drain, 3 New Entrance Doors, and Custom Vanities in the Laundry, Powder Room, and Primary Bathroom.
  • High-Quality Engineered Hardwood Floors On 1st/2nd Floors, Stunning Kitchen With Quartz Countertops & Custom Backsplash, Huge Quartz Island With Double Under-Moulded...
  • Main Floor laundry with built-in shelves, sink, and a Side Door. luxurious finished basement featuring a gorgeous wet bar with an Extera Dishwasher and Fridge, plus...
  • Close To Parks and Top-ranking Schools.

Unique property .Truly One Of The Most Beautiful Homes In Richmond Hill, Prestigious Mill Pond Neighbourhood, Beautifully Renovated/Upgraded With Quality Workmanship, High-Ceiling Foyer (17 ' ) With Fantastic Open-Concept Layout, Pot lights illuminate the space, Over Half a million Spent In Quality Upgrades. New Electric panels.The House is updated with 3-Way Switches, New Pipes and Drain, 3 New Entrance Doors, and Custom Vanities in the Laundry, Powder Room, and Primary Bathroom.High-Quality Engineered Hardwood Floors On 1st/2nd Floors, Stunning Kitchen With Quartz Countertops & Custom Backsplash, Huge Quartz Island With Double Under-Moulded Stainless Steel Sink, Top-of-the-line B/I Fridge and Freezer (Thermador), Built-In Thermador Coffee Machine and Microwave Drawer, Pot Filler, Under-Cabinet Lighting. Main Floor laundry with built-in shelves, sink, and a Side Door. luxurious finished basement featuring a gorgeous wet bar with an Extera Dishwasher and Fridge, plus Two bedrooms with a 3-piece Bath. There is also an option for an electric car Charge Point. Fully Fenced Backyard With Iron Gate and Natural Gas Pipe. Close To Parks and Top-ranking Schools.

Key facts

Property type
Detached, 2-Storey
MLS®
N13852022
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
57.09 × 114.83 ft
Cross streets
Major McKenzie/Yonge ST
Parking
2 garage · 8 parking (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,520 / 2025
Days on market
18
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 3Second3.70 × 3.50 m

hardwood floor · b/i closet · 4 pc ensuite

Living RoomGround4.33 × 3.80 m
Primary BedroomSecond6.00 × 4.00 m

hardwood floor · 6 pc ensuite · walk-in closet(s)

Dining RoomMain8.90 × 5.46 m

hardwood floor · open concept · combined w/family

OfficeMain3.50 × 3.50 m

hardwood floor · b/i bookcase · pot lights

Bedroom 2Second4.10 × 3.70 m

hardwood floor · 4 pc ensuite

RecreationBasement6.20 × 3.30 m

vinyl floor · pot lights · 4 pc bath

KitchenMain4.70 × 2.90 m

backsplash · quartz counter · centre island

BedroomBasement4.60 × 2.60 m

vinyl floor · above grade window

Bedroom 4Second3.70 × 3.10 m

hardwood floor · large closet · 4 pc ensuite

Family RoomMain8.90 × 5.46 m

hardwood floor · open concept · marble fireplace

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.55Mlikely sale price

Listed at $2,598,000. 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 $2.55M, if it sells. A realistic range is $2.39M to $2.88M.

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.

List price
$2.39MBelow recent closings$2.88MAbove recent closings

Total price vs nearby homes. Likely closing about $2.55M, 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
18days on market so far
$6,594/moest. rent · 28 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.2 months of inventory: 21 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 $799/sqft against an area asking average of $668/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 $1.68M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

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

What sellers nearby are askingCurrently listed nearby in Mill Pond · asking prices
$1.81Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.00M, which is where my estimate comes from.

Per square foot, these ask about $556/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.60MThis home2.15M1.80M1.80M1.70M1.59MThis home vs active comparables

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
Observatory
$2.02M
South Richvale
$4.06M

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
$11,841/mo
$474KIncome needed
5.5×Price ÷ income
$2,732Weekly cost
$51,425Land 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.

94%mortgage
Mortgage $11,841Property tax $710Total carry $12,551

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,492per month

Mortgage amount $2,078,400 · 4.49% over 25 years

$519,600Down payment (20.0%)
$2,078,400Loan before insurance
$0CMHC premium
$12,202Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,492
Property tax
$710
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,202

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

One-time closing costs

Ontario land transfer tax
$51,425
Estimated closing costs
$51,425

Plus your down payment of $519,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,909/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

$1,369,149Total interest paid
$3,447,549Total of all payments
Principal $2,078,400 Interest $1,369,149
YearPrincipalInterestBalance
1$46,381$91,521$2,032,019
2$48,487$89,415$1,983,532
3$50,688$87,214$1,932,844
4$52,990$84,912$1,879,854
5$55,396$82,506$1,824,458
6$57,911$79,991$1,766,547
7$60,540$77,362$1,706,006
8$63,289$74,613$1,642,717
9$66,163$71,739$1,576,554
10$69,167$68,735$1,507,388
11$72,307$65,595$1,435,080
12$75,590$62,312$1,359,490
13$79,022$58,880$1,280,468
14$82,610$55,292$1,197,857
15$86,361$51,541$1,111,496
16$90,282$47,620$1,021,214
17$94,382$43,520$926,832
18$98,667$39,235$828,165
19$103,147$34,755$725,019
20$107,830$30,072$617,189
21$112,726$25,176$504,463
22$117,844$20,058$386,619
23$123,195$14,707$263,424
24$128,788$9,114$134,636
25$134,636$3,266$0

At the end of your 5-year term

Total paid over the term
$689,510
Principal paid down
$253,942
Interest paid
$435,568
Balance remaining
$1,824,458

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$6,594/mo
$79,128Gross annual rent
2.3%Cap rate after taxes and upkeep
$6,046 to $7,120Typical 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 $6,594. 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.

3.0%
Gross yield
− Property tax $8,520− Insurance $1,400− Vacancy & upkeep $8,704Net operating income $60,504

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

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