82 Mill Street, Richmond Hill

$848,000
82 Mill Street

$848,000

New
15d
DetachedBungalow

82 Mill Street, Richmond Hill

Total Monthly Obligation $4,186

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
15d
Score
19
Yield
4.9%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-N13875854
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-51.19 × 83.82 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,689.84 (2026)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE RCR REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Mill Pond
Title-Residential Freehold

No agent assigned

A rare opportunity to own on coveted Mill Street in the heart of Mill Pond - for under $1 million.You know the charming white house with the beautiful gardens? This is the one. Set in one of Richmond Hill's most loved neighbourhoods, this property offers an incredible opportunity to move in, invest, or start planning your future dream home.Enjoy the home as it is today, rent it out while you design your custom build, or take advantage of the property's long-term potential. The finished basement features an in-law suite, offering added flexibility for extended family, guests, or additional income.And the location is hard to beat. Just steps from Mill Pond and minutes to Yonge Street, restaurants, parks, top-ranked schools and everyday amenities - all surrounded by the character and charm that make Mill Pond such a sought-after place to call home.A special property, an exceptional location, and an opportunity to get onto Mill Street at a price rarely seen.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$678,400
Land Transfer Taxes$13,435
Legal Fees (Est.)
$
Total cash required for closing$184,535

Total Monthly Obligation

$4,186/mo
Mortgage $3,421
Monthly Loss $3,286
Principal$900
Interest$2,520
Property Tax$391
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,208/yr
NOI
$27,897/yr
Net Cash Flow
-$1,096/mo
Cash Margin
-31.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 82 Mill Street

Time

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