55 Marbrook Street, Richmond Hill, ON
Mill Pond, Richmond Hill · MLS® N13852932
About this home
In short
- Beautiful & Elegant 4 Bedroom Home In High Demand "Mill Pond" Area.
- 2 Story Grand Foyer, 9 Ft & 10 Ft High Ceiling.
- Italian Porcelain & Premium Hardwood Floors Throughout.
- Recently finished basement apartment with large patio door to the backyard, while having side entrance access.
- Potential income, as the Basement used to be rented for $2000/month.
Beautiful & Elegant 4 Bedroom Home In High Demand "Mill Pond" Area. Great Schools: Alexander Mackenzie Hs & Michaelle Jean Ps. Tastefully Decorated & Designed. 2 Story Grand Foyer, 9 Ft & 10 Ft High Ceiling. Italian Porcelain & Premium Hardwood Floors Throughout. Dramatic Chandelier & Upgraded Light Fixtures, High Quality Baseboards, All Bathrooms Have Been Upgraded. Recently finished basement apartment with large patio door to the backyard, while having side entrance access. Basement apartment has a modern kitchen and separate laundry. Potential income, as the Basement used to be rented for $2000/month.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13852932
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 40.81 × 108.01 ft
- Cross streets
- Bathurst/Elgin Mills
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Apartment, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,603 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
ceramic floor · w/o to deck · b/i appliances
hardwood floor · 4 pc ensuite · window
hardwood floor · 4 pc ensuite · closet
hardwood floor · window · fireplace
overlooks backyard · laminate
large closet · laminate
hardwood floor · 3 pc ensuite · w/w closet
hardwood floor · 3 pc ensuite · w/w closet
open concept · laminate
hardwood floor · window · combined w/family
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
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $691/sqft; this home lists at $724/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Mill Pond, Richmond Hill, ON
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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.
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $1,592,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,802
- Property tax
- $800
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,603
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,275
- Estimated closing costs
- $36,275
Plus your down payment of $398,000. 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
- $528,146
- Principal paid down
- $194,513
- Interest paid
- $333,633
- Balance remaining
- $1,397,487
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.