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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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416 Elgin Mills Road W Richmond Hill
For SaleRichmond Hill

416 Elgin Mills Road W Richmond Hill, Investment for Sale

MLS® N13673718

Richmond Hill, ON

86 days on market
$1,900,000
Show on Map
Show on Map
6Beds
1Baths
3,167Sqft
N/AParking
Investment

Overview· 416 Elgin Mills Road W Richmond Hill

MLS® #N13673718

Rare opportunity to own a custom-built bungaloft offering exceptional flexibility in one of Richmond Hill's most desirable locations. Originally built as the builder's own residence, this unique property was thoughtfully designed with spacious principal rooms, multiple entrances, wheelchair accessibility, and 9-foot ceilings on the main floor. Located within a Neighbourhood Mixed Use (NMU) designated area, this versatile property presents a variety of possibilities for homeowners, professionals, entrepreneurs, and multi-generational families seeking a unique live/work-inspired environment. The functional layout offers dedicated spaces that can be adapted for a home office, professional workspace, or additional living needs, while maintaining the comfort and privacy of a residential setting. The bright loft retreat provides additional flexibility, and the expansive driveway accommodates up to 8 vehicles. Situated on a generous 75 x 131 ft lot in a prime Richmond Hill neighbourhood, with convenient access to transit, schools, parks, shopping, and major commuter routes. A rare opportunity to reimagine, renovate, and unlock the potential of a truly distinctive property in a highly sought-after location. The property is designated within a Neighbourhood Mixed Use (NMU) area under the City of Richmond Hill's updated planning framework. This designation may provide opportunities for a broader range of uses compared to traditional residential zoning. Buyers and their representatives are advised to conduct their own due diligence and confirm permitted uses, requirements, and approvals directly with the City of Richmond Hill.

Inclusions

All Window Coverings, All Elf's, Fridge, Stove, Washer, Dryer

Broker

RE/MAX METROPOLIS REALTY

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Walk Score®40Car-DependentCar-Dependent
Transit Score®43Some TransitSome Transit
Bike Score®—Not rated for cyclingNot rated for cycling
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 416 Elgin Mills Road W Richmond Hill

Source: MLS® listing data
416 Elgin Mills Road W Richmond Hill

Investment

416 Elgin Mills Road W Richmond Hill

Richmond Hill

Type

Investment

Parking

Other

Property Tax

~$8,507/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

3167 sqft

Parking

Other

Finances

List Price

$1,900,000

Price per SQFT

$600/sqft

Property Tax

~$8,507/yr

Property Specs

Property Type

Investment

MLS Size

3167 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Richmond Hill

Listed On

Aug 13, 2026

Price & Listing History

Days on Market

Current: 86 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 416 Elgin Mills Road W Richmond Hill.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$7,642/mo
Property Tax$709/mo
Total Monthly$8,351

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0