178 Milos Road, Richmond Hill, ON

Jefferson, Richmond Hill · MLS® N13872720

$1,478,888
For Sale
Listed 12 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Set on a premium corner lot in the desirable Jefferson neighbourhood of Richmond Hill, this bright and spacious home offers a rare 64-ft-wide backyard, multiple...
  • The main floor features hardwood flooring, 9-ft ceilings, coffered ceilings in the living and dining rooms, an oak staircase with iron pickets, and polished porcelain...
  • Recent improvements elevate both comfort and everyday living, including a spa-inspired primary bedroom ensuite, built-in his-and-hers closets, upgraded blinds, powder...
  • The home also features a finished basement and furnace (2022), providing additional versatile living and recreation space.
  • Enjoy an exceptional location with convenient access to York Region Transit, multiple GO Transit stations including King GO and Gormley GO, and major highways 400 and...

Your Search Stops Here! Set on a premium corner lot in the desirable Jefferson neighbourhood of Richmond Hill, this bright and spacious home offers a rare 64-ft-wide backyard, multiple ensuites and an abundance of natural light. The main floor features hardwood flooring, 9-ft ceilings, coffered ceilings in the living and dining rooms, an oak staircase with iron pickets, and polished porcelain tile. The kitchen offers tall cabinetry, backsplash and granite countertops.Recent improvements elevate both comfort and everyday living, including a spa-inspired primary bedroom ensuite, built-in his-and-hers closets, upgraded blinds, powder room, a new front door and walkway, full-property sprinkler system, enhanced landscaping, a functional dedicated mudroom, and an inviting outdoor retreat featuring a sizeable walk-out deck and modern gazebo with automatic shades-ideal for relaxing and entertaining throughout the seasons. The home also features a finished basement and furnace (2022), providing additional versatile living and recreation space.Enjoy an exceptional location with convenient access to York Region Transit, multiple GO Transit stations including King GO and Gormley GO, and major highways 400 and 404. Families will appreciate proximity to Beynon Fields Public School (French Immersion), Cardinal Carter Catholic High School, and Our Lady of Hope Catholic Elementary School, along with nearby parks, trails such as Oak Ridges Moraine access, and walkable to restaurants and coffee shops. A well-maintained home combining generous living spaces, thoughtful recent upgrades and an exceptional indoor-outdoor lifestyle in one of Richmond Hill's established communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13872720
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
50.36 × 89.1 ft
Cross streets
Bathurst and Milos
Parking
2 garage · 4 parking (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,832 / 2025
Days on market
12
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

RecreationLower1.00 × 0.30 m

laminate · pot lights

Living RoomMain5.55 × 3.08 m

hardwood floor · combined w/dining · bay window

Primary BedroomSecond5.18 × 3.69 m

laminate · 4 pc ensuite · walk-in closet(s)

KitchenMain3.90 × 2.74 m

tile floor · granite counters · stainless steel appl

Bedroom 2Second3.96 × 3.35 m

laminate · 4 pc ensuite · walk-in closet(s)

Family RoomMain5.18 × 3.54 m

hardwood floor · gas fireplace · open concept

Bedroom 3Second3.72 × 3.17 m

laminate · semi ensuite · walk-in closet(s)

Dining RoomMain5.55 × 3.08 m

hardwood floor · combined w/living · coffered ceiling(s)

Bedroom 4Second3.47 × 3.45 m

laminate · semi ensuite · closet

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.

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Neighbourhood & location

Jefferson, 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.

Oak Ridges
$1.45M
Westbrook
$1.58M
Oak Ridges Lake Wilcox
$1.50M
Rural Richmond Hill
$1.66M
Mill Pond
$1.50M

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
$6,740/mo
$278KIncome needed
5.3×Price ÷ income
$1,555Weekly cost
$26,053Land 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 $6,740Property tax $569Total carry $7,310

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

years
years (your rate-locked period)
$6,542per month

Mortgage amount $1,183,110 · 4.49% over 25 years

$295,778Down payment (20.0%)
$1,183,110Loan before insurance
$0CMHC premium
$7,111Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,542
Property tax
$569
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,111

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

One-time closing costs

Ontario land transfer tax
$26,053
Estimated closing costs
$26,053

Plus your down payment of $295,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,918/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

$779,376Total interest paid
$1,962,486Total of all payments
Principal $1,183,110 Interest $779,376
YearPrincipalInterestBalance
1$26,402$52,097$1,156,708
2$27,601$50,899$1,129,108
3$28,854$49,646$1,100,254
4$30,164$48,335$1,070,090
5$31,534$46,966$1,038,556
6$32,965$45,534$1,005,591
7$34,462$44,037$971,129
8$36,027$42,473$935,102
9$37,663$40,837$897,439
10$39,373$39,127$858,067
11$41,160$37,339$816,906
12$43,029$35,470$773,877
13$44,983$33,517$728,895
14$47,025$31,474$681,869
15$49,160$29,339$632,709
16$51,392$27,107$581,317
17$53,726$24,774$527,591
18$56,165$22,334$471,426
19$58,715$19,784$412,710
20$61,381$17,118$351,329
21$64,168$14,331$287,161
22$67,082$11,418$220,079
23$70,127$8,372$149,952
24$73,312$5,188$76,640
25$76,640$1,859$0

At the end of your 5-year term

Total paid over the term
$392,497
Principal paid down
$144,554
Interest paid
$247,943
Balance remaining
$1,038,556

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.

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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$5,250/mo
$63,000Gross annual rent
3.2%Cap rate after taxes and upkeep

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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.

4.3%
Gross yield
− Property tax $6,832− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,838

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

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