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$5.60M · 5 bed Detached · Westbrook, Richmond Hill | MyPropertyScout

$5,600,000

282-292 Elgin Mills Road

5 DOM

545d

Map

DOM 5

$5,600,000

DOM5days

282-292 Elgin Mills Road

Richmond Hill · Ontario L4C 4M2

MLS® N13572676 · Westbrook · L4C 4M2

54TenantOccupied5000 + ft²Detached2-car Built-InPartially Finished5d$1,120/ft²Lot 183.7 x 186.1 ft$15,234 tax/yrPartially Finished

5 days on market

About this home

Rare opportunity to acquire a fully approved 15-unit townhouse development in the highly desirable Yonge & Elgin Mills corridor in Richmond Hill. This project features Zoning By-law Amendment (ZBA) and Site Plan Approval (SPA) in place, significantly reducing entitlement risk and saving 3 to 4 years of planning timeline for the buyer. The development consists of 15 large-format 3-storey POTL townhomes (9 three-bedroom and 6 four-bedroom units) with attached garages, private outdoor spaces, and r…

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Property details

MLS#: N13572676
Status: Buy Now
Property class: Residential Freehold
Beds: 5
Baths: 4 full, 0 half
Rooms: 10
Kitchens: 1
Size: 5000 +Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Partially Finished
Style: Bungalow
Type: Detached
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 032192193
Roll / ARN: 193806012001017
Plan: 2404

Occupancy: Tenant Occupied
Washrooms: 2 pc · Ground; 3 pc · Ground; 3 pc · Ground; 2 pc · Basement
Family room: No
Central vacuum: No
Ensuite laundry: No

Roof: Shingles
Foundation: Poured Concrete
Property features: Library, Park, Public Transit, Rec./Commun.Centre, School

Garage: 2-car Built-In
Garage spaces: 2
Parking: 7 total
Lot: 183.67 × 186.07
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: South
Cross street: Yonge St/Elgin Mills Rd West
Stories: —
Utilities: —
Laundry: —
Interior: Other
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: KW Living Realty

Source: TRREB/PROPTX · MLS® N13572676

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$5.60M

282-292 Elgin Mills Road · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $5,600,000✓ $15,234 tax✓ Gas✓ 5000 + ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$38,884/mo

incl. closing costs (yr 1)

Annual total

$466,605

year 1

Mortgage only

$21,245/mo

principal + interest

Beyond mortgage

$6,641/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$1,120,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,270/mo

Utilities

Hydro / electricity$350/mo

≈ $0.07/ft² × ~5,000 ft² · ON avg ~$350/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$56,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$126,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)55% $254,936/yr

Property taxes30% $141,709/yr

Utilities2% $7,260/yr

Insurance & security0% $1,600/yr

Maintenance12% $56,000/yr

Closing costs1% $5,100/yr

Mortgage is 55% of your true cost of ownership. The other 45% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$254,936	$21,245/mo
Government & taxes
Property tax	$15,234	$1,270/mo
Land transfer tax(closing)	$126,475	$10,540/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,200	$350/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$56,000	$4,667/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$466,605	$38,884/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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282-292 Elgin Mills Road

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs