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Hamza Nouman, REALTOR®
223 Richmond Street — property photo
1 / 33 — Click to enlarge
2.6

223 Richmond Street, Richmond Hill

Richmond Hill

$1,249,000

Detached3 bed / 2 bath11 DOM~900 sqft
Suite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by REMAX YOUR COMMUNITY REALTY

Investment Analysis

Key Facts

Type

Detached

Bedrooms

3

Bathrooms

2

Days on Market

11

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,190/mo)

Rent Estimate

Main unit (2 bed)$3,400/mo
Basement suite (1 bed)$1,190/mo
Total Est. Rent$4,590/mo

Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga

Remarks

Welcome to 223 Richmond Street, a rare opportunity in the heart of Richmond Hill's highly sought-after Mill Pond neighbourhood. Situated on an impressive 58 x 167 ft oversized lot, this 1.5 storey home (3-bed 1.5-bath) offers incredible potential in one of the area's most desirable communities. This charming property provides a great opportunity for those looking to move into this prestigious neighbourhood, personalize over time, and create a space that reflects their own vision. For investors, the functional layout and separate side entrance offer potential for additional living space or future basement conversion opportunities. For builders, renovators, or those dreaming of a custom home, this premium lot provides the perfect setting to bring that vision to life. Located steps from the scenic Mill Pond, surrounded by mature trees, parks, top-rated schools, Mackenzie Health hospital, transit, and the local conveniences of downtown Richmond Hill, this is an exceptional chance to own a piece of one of the community's most established and desirable neighbourhoods. Whether you're looking to renovate, invest, or build new, the possibilities are endless!

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