580 Elgin Mills Road W, Richmond Hill

$1,888,000
580 Elgin Mills Road W

$1,888,000

New
4d
Detached2-Storey

580 Elgin Mills Road W, Richmond Hill

Total Monthly Obligation $8,729

Beds
7
Baths
5
Park
10
Sqft
3500-5000
DOM
4d
Yield
3.3%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-N14092284
Beds-7
Bathrooms-5
Size-3500-5000 sqft
Lot Size-72.25 × 131.35 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,862.81 (2026)
Parking-13 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/BAYVIEW REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Brick
Sewer-Sewer
Possession-TBA
Neighbourhood-Westbrook
Title-Residential Freehold

No agent assigned

Gorgeous , Bright & Large Size Detached Family Home In Prime Location Of Westbrook. Freshly Painted . Offering over 5,000 sq. ft. of Luxurious Living Space (3,586 sq. ft. above Grade + 1833 sqft Professionally Finished Basement) in High Demanded Area! Spacious 4+3 Brs Plus Large Size Office in main FL can use as a 5th Bedroom. Over sized Primary Bdrm W 4 PC ensuit, 5 Spacious Bathrooms .Kitchens W cabinetry, granite counter top, backsplash, Perfect Layout, Bright family room with fireplace & Access to Backyard with Large size Dec . Direct access from inside to the triple Car Garage & Side yard . Approached by a large Circle driveway and impressive Garage. Finished 3 bedrooms, one full Bathroom basement apartment includes a wet Bar .Ideal for extended family living . High Ranking School Area. Backs onto multi-million-dollar luxury homes for ultimate privacy and serenity. Easy Access to Bathurst St/Viva transit, shopping plazas, parks, community center, and restaurants. Interlocked Entrance to the house. A must-see!

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Closing Costs

Mortgage Amount
$1,510,400
Land Transfer Taxes$34,235
Legal Fees (Est.)
$
Total cash required for closing$413,335

Total Monthly Obligation

$8,729/mo
Mortgage $7,616
Monthly Loss $6,725
Principal$2,004
Interest$5,612
Property Tax$739
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 580 Elgin Mills Road W

Time

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