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Listed 1 month ago

101 Elgin Mills Road W

Mill Pond, Richmond Hill

$2,850,000

Detached|2-Storey
4 | 7 | 15
About this home

Experience the grandeur of this palatial custom built estate, an extraordinary opportunity to seamlessly combine luxury living with a distinguished professional home base in one of Richmond Hill's most coveted locations. Live in and Work from home offering over 4,600 sq. ft. above grade, this south-facing executive residence is a masterful showcase of timeless architecture, superior craftsmanship, and refined design. Situated on a 55x 200 foot lot and thoughtfully curated for today's discerning buyer, the home features expansive principal rooms, 10-foot ceilings on the main level, 9-foot ceilings on the second and lower levels, and a breathtaking family room highlighted by a dramatic 20-foot soaring ceiling that creates an unforgettable architectural statement filled with natural light. A striking floating staircase with custom wrought iron railings, a private main-floor library with its own entrance, and an oversized chef-inspired kitchen designed for both grand entertaining and everyday living further elevate this exceptional residence. The recently finished walk-up lower level, complete with a separate entrance, full kitchen, two bathrooms, exceptional street exposure, 13-car parking plus a 2-car garage, offers unparalleled flexibility as a professional office, executive headquarters, multi-generational suite, or income-generating opportunity. Beautifully landscaped grounds provide a private outdoor sanctuary, while the premier location-just moments from Yonge Street, top-ranked schools, parks, fine dining, shopping, and public transit-completes this rare offering, delivering an exceptional lifestyle defined by prestige, sophistication, and uncompromising versatility.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$12,942
Lot Size55.96 ft x 200.19 ft
mls© NumberN13491796
Listed ByCENTURY 21 PARKLAND LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$14,588
Property tax
$1,079
Heat allowance
$150
Housing costs
$15,816 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $570,000
25-yr amortization

Income needed

$487,000

gross annual household income

Payment at 4%
$11,993 / mo
Cash down
$570,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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