| Common Elements Included | |
| Parking Included |



















1201 - 56 Elizabeth Street S
Mill Pond, Richmond Hill
$629,000
Stunning Two-Bedroom, Two-Bathroom Corner Unit In The Heart Of Richmond Hill. Offering Exceptional Value In A Highly Desirable Neighbourhood Surrounded By Multi-Million-Dollar Homes. Tasteful Upgrades And A Functional Layout Complement Three Exposures With North, East, And West-Facing Views, Providing Abundant Natural Light And A Wonderful Sense Of Openness. This Rare Floor Plan Is Found In Only Six Units Throughout The Community. Enjoy The Feel Of A Stacked Townhome Without The Hassle Of Multiple Stairs Or Levels. Ideally Located In Downtown Richmond Hill, Just Minutes From Libraries, Pools, Hospitals, Top-Rated Schools, Transit, And A Wide Range Of Amenities. Enjoy The Perfect Blend Of Comfort, Convenience, And Value In One Of Richmond Hill's Most Appealing Communities.
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| Type | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | 0-5 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $454 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,451 |
| mls© Number | N14030026 |
| Listed By | MII REALTY POINT |
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%
- $3,220
- Property tax
- $288
- Heat allowance
- $150
- Condo fees, half counted
- $227
- Housing costs
- $3,884 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$120,000
gross annual household income
- Payment at 4%
- $2,647 / mo
- Cash down
- $125,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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