416 Elgin Mills Road W, Richmond Hill
Rare opportunity to own a custom-built bungaloft offering exceptional flexibility in one of Richmond Hill's most desirable locations. Originally built as the builder's own residence, this unique property was thoughtfully designed with spacious principal rooms, multiple entrances, wheelchair accessibility, and 9-foot ceilings on the main floor. Located within a Neighbourhood Mixed Use (NMU) designated area, this versatile property presents a variety of possibilities for homeowners, professionals, entrepreneurs, and multi-generational families seeking a unique live/work-inspired environment. The functional layout offers dedicated spaces that can be adapted for a home office, professional workspace, or additional living needs, while maintaining the comfort and privacy of a residential setting. The bright loft retreat provides additional flexibility, and the expansive driveway accommodates up to 8 vehicles. Situated on a generous 75 x 131 ft lot in a prime Richmond Hill neighbourhood, with convenient access to transit, schools, parks, shopping, and major commuter routes. A rare opportunity to reimagine, renovate, and unlock the potential of a truly distinctive property in a highly sought-after location. The property is designated within a Neighbourhood Mixed Use (NMU) area under the City of Richmond Hill's updated planning framework. This designation may provide opportunities for a broader range of uses compared to traditional residential zoning. Buyers and their representatives are advised to conduct their own due diligence and confirm permitted uses, requirements, and approvals directly with the City of Richmond Hill. (id:1945)
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Property details for 416 Elgin Mills Road W, Richmond Hill
- Type
- Commercial
- Bedrooms
- 6
- Bathrooms
- 1
- Living Area
- 3,167 square feet
- Lot Size
- Bldg=75 x 131 FT
- Parking
- Other
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $8,507
Nearby Listings Stat
Estimated price and comparable properties near 416 Elgin Mills Road W
Active Listings
1
Min Price
$1,900,000
Max Price
$1,900,000
Avg Price
$1,900,000
Days on Market
45
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Richmond Hill, Ontario
Population
475
Median Age
46.2
Median Income
$28,693
Dwelling Value
$1,001,540
Housing Tenure
Owners 93%
Renters 10%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.5
Pop. Density: 4,472.7/km²
Avg Shelter Cost: $1,735/mo
Owners with Mortgage: 44.4%
Owners Spending 30%+: 18.5%
Tenants Spending 30%+: 0%
English only: 85.3%
English and French: 8.4%
Neither: 5.3%
Median Household Income: $109,312
Median Employment Income: $30,656
Price History
Listed
August 13, 2026
by RE/MAX METROPOLIS REALTY
Current Price
$1,900,000
Type
Commercial
For Sale