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New3 days ago

55 Willett Crescent

Mill Pond, Richmond Hill

$2,000,000

Detached|2 1/2 Storey
6 | 6 | 10
About this home

Luxurious Georgian Revival Style Detached in Prestigious "Mill Pond". 61' x 114' Premium Lot. 6+2 Bdrm & 6 Baths. Over 5700 S.F Living Space ( 4200 S.F + 1500 Fin. Bsmt). 10' Ceiling with 8' Doors & Office on Main. Spent over $400k Upgrades: Hardwood/ Laminate Flooring & Pot Lights Throughout. Crown Moulding & Waffle Ceiling on Main, Oak Staircase. Gourmet kitchen with B/I Appl & Canopy Range Hood, Granite Countertop, Custom tile Backsplash, Extended Cabinets w/ Valance Lighting. All 6 Baths are Newly Reno with Modern Designed. Skylight on Upper Level. Finished Walk-up Basement w/2 bedrooms, Rec, Game & Kitchen w/ the 2nd Laundry. Large Backyard with Patio & Landscaping. Large detached Double Car Garage with interlocking Long Driveway good for 10 Cars. Steps to Park & Trail, Close to School & Public Transit. Mins to Library, Shopping & Golf Course. ** High Ranking Schools: St. Theresa of Lisieux Catholic H.S (9.9/10), Alexander Mackenzie H.S. ( 9.3/10 ), St. Mary Immaculate Catholic Elementary School (9.2/10 ).

Extras

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$10,049
Lot Size61.02 ft x 114.83 ft
mls© NumberN14107792
Listed ByHOMELIFE LANDMARK RH REALTY

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%
$10,237
Property tax
$837
Heat allowance
$150
Housing costs
$11,224 / mo

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

Down payment20% · $400,000
25-yr amortization

Income needed

$345,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$400,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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