142 Hall Street, Richmond Hill

Price: $888,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N12956554

Freehold Mill Pond Townhome Under $1M - No Maintenance Fees!Discover a rare opportunity to own a stylish 3-storey freehold townhome with interior direct access to your own private garage in the heart of Richmond Hill's prestigious Mill Pond community-perfect for families looking for space, comfort, and convenience. Enjoy hardwood floors, oak stairs, functional living space, and two private terraces for outdoor living and entertaining.The kitchen, dining, and living areas are thoughtfully connected on the main level for effortless flow while maintaining defined spaces for added comfort and privacy-ideal for families who value both convenience and a classic, functional layout. The second floor features two bright bedrooms and a full bath, while the top level is dedicated to a private primary suite with his & hers closets, a spa-like ensuite, and terrace retreat. A versatile ground floor space doubles as a home office, playroom, or guest room with direct garage access.Walk to Yonge St, top-rated schools, parks, trails, restaurants, shops, and the Richmond Hill GO Station. An exceptional opportunity to own in one of Richmond Hill's most sought-after, family-friendly neighbourhoods-offering outstanding value and generous space for the price!

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$888,000 - 142 Hall Street, Richmond Hill

Townhouse for Sale in Richmond Hill

76 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N12956554
Property Type
Townhouse
Status
active
Days on Site
76
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
EXP REALTY
Description

Freehold Mill Pond Townhome Under $1M - No Maintenance Fees!Discover a rare opportunity to own a stylish 3-storey freehold townhome with interior direct access to your own private garage in the heart of Richmond Hill's prestigious Mill Pond community-perfect for families looking for space, comfort, and convenience. Enjoy hardwood floors, oak stairs, functional living space, and two private terraces for outdoor living and entertaining.The kitchen, dining, and living areas are thoughtfully connected on the main level for effortless flow while maintaining defined spaces for added comfort and privacy-ideal for families who value both convenience and a classic, functional layout. The second floor features two bright bedrooms and a full bath, while the top level is dedicated to a private primary suite with his & hers closets, a spa-like ensuite, and terrace retreat. A versatile ground floor space doubles as a home office, playroom, or guest room with direct garage access.Walk to Yonge St, top-rated schools, parks, trails, restaurants, shops, and the Richmond Hill GO Station. An exceptional opportunity to own in one of Richmond Hill's most sought-after, family-friendly neighbourhoods-offering outstanding value and generous space for the price!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,555.90/mo

Includes CMHC insurance ($24,775)

$
$
5%10%50%

5-yr fixed avg.

Principal: $799,200Interest: $542,795
Mortgage Amount$823,975
Total Interest$542,795
Est. Property Tax$629/mo
Total Cost$1,366,770

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Richmond Hill

Discover Richmond Hill

Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Richmond Hill

  • Convenient location in Richmond Hill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

142 Hall Street, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,380/mo
Range: $2,873 - $3,887
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,380
Maintenance Fees-$0
Property Tax (est.)-$629
Insurance (est.)-$185
Net Cash Flow+$2,566

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $444/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 76 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    142 Hall Street, Richmond Hill | $888,000 | Battaglia Team