$7.50M · 3+3 bed Detached · South Richvale, Richmond Hill

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About this home

Welcome to 112 Westwood Lane, an iconic address in Richmond Hill’s prestigious South Richvale neighborhood. Nestled on approximately 5.8 acres, this property offers a rare blend of natural beauty and tranquility. Adjacent to the Richmond Hill Golf & Country Club, it provides serene, picturesque views and a lush, green landscape. South Richvale is renowned for its top-rated schools, beautiful parks, and diverse amenities, from the finest boutique shops to gourmet restaurants. The neighbourhood pr…

Property details

MLS#

N10445173

Status

Conditionally Sold

Beds

3+3

Baths

8 full, 0 half

Size

5000 +

Style

Bungalow-Raised

Type

Detached

Year built

—

Lot features: Irregular Lot
Lot dimensions: 197.25 × 675

Roof: Flat
Foundation: Poured Concrete

Fireplaces: 0

Garage: None
Garage spaces: 0
Parking: 23 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Pool: Yes
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Denham Drive & Westwood Lane
Basement: Finished, Full
Stories: —
Utilities: —
Laundry: —
Interior: Central Vacuum
Parking features: Private Double, Other, Other

Rooms

Level	Room	Dimensions
Main	Primary Bedroom	6.6m × 5.36m
Main	Primary Bedroom	6.6m × 5.36m
Main	Primary Bedroom	6.6m × 5.36m
Main	Primary Bedroom	6.6m × 5.36m
Main	Bedroom	4.98m × 4.39m
Main	Bedroom	4.98m × 4.39m
Main	Bedroom	4.98m × 4.39m
Main	Bedroom	4.98m × 4.39m
Main	Bedroom	5.05m × 4.39m
Main	Bedroom	5.05m × 4.39m
Main	Bedroom	5.05m × 4.39m
Main	Bedroom	5.05m × 4.39m
Main	Living Room	6.48m × 4.39m
Main	Living Room	6.48m × 4.39m
Main	Living Room	6.48m × 4.39m
Main	Living Room	6.48m × 4.39m
Main	Family Room	4.39m × 6.88m
Main	Family Room	4.39m × 6.88m
Main	Family Room	4.39m × 6.88m
Main	Family Room	4.39m × 6.88m
Main	Other	5.77m × 5.61m
Main	Other	5.77m × 5.61m
Main	Other	5.77m × 5.61m
Main	Other	5.77m × 5.61m
Main	Laundry	3.76m × 2.06m
Main	Laundry	3.76m × 2.06m
Main	Laundry	3.76m × 2.06m
Main	Laundry	3.76m × 2.06m
Basement	Bedroom	6.05m × 3.58m
Basement	Bedroom	6.05m × 3.58m
Basement	Bedroom	6.05m × 3.58m
Basement	Bedroom	6.05m × 3.58m
Basement	Bedroom	4.17m × 5.28m
Basement	Bedroom	4.17m × 5.28m
Basement	Bedroom	4.17m × 5.28m
Basement	Bedroom	4.17m × 5.28m
Basement	Bedroom	4.7m × 5.28m
Basement	Bedroom	4.7m × 5.28m
Basement	Bedroom	4.7m × 5.28m
Basement	Bedroom	4.7m × 5.28m
Basement	Kitchen	2.08m × 2.06m
Basement	Kitchen	2.08m × 2.06m
Basement	Kitchen	2.08m × 2.06m
Basement	Kitchen	2.08m × 2.06m
Main	Bathroom	3.02m × 2.64m
Main	Bathroom	3.02m × 2.64m
Main	Bathroom	3.02m × 2.64m
Main	Bathroom	3.02m × 2.64m
Main	Bathroom	2.44m × 2.06m
Main	Bathroom	2.44m × 2.06m
Main	Bathroom	2.44m × 2.06m
Main	Bathroom	2.44m × 2.06m
Main	Bathroom	3.17m × 2.03m
Main	Bathroom	3.17m × 2.03m
Main	Bathroom	3.17m × 2.03m
Main	Bathroom	3.17m × 2.03m
Main	Bathroom	2.57m × 2.82m
Main	Bathroom	2.57m × 2.82m
Main	Bathroom	2.57m × 2.82m
Main	Bathroom	2.57m × 2.82m
Main	Bathroom	2.57m × 1.68m
Main	Bathroom	2.57m × 1.68m
Main	Bathroom	2.57m × 1.68m
Main	Bathroom	2.57m × 1.68m
Main	Bathroom	2.06m × 1.88m
Main	Bathroom	2.06m × 1.88m
Main	Bathroom	2.06m × 1.88m
Main	Bathroom	2.06m × 1.88m
Basement	Bathroom	2.62m × 1.63m
Basement	Bathroom	2.62m × 1.63m
Basement	Bathroom	2.62m × 1.63m
Basement	Bathroom	2.62m × 1.63m
Basement	Bathroom	2.36m × 1.57m
Basement	Bathroom	2.36m × 1.57m
Basement	Bathroom	2.36m × 1.57m
Basement	Bathroom	2.36m × 1.57m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $7,499,000✓ $54,279 tax✓ Gas✓ 5000 + ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$54,880/mo

incl. closing costs (yr 1)

Annual total

$658,566

year 1

Mortgage only

$28,449/mo

principal + interest

Beyond mortgage

$11,477/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$1,499,800

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$4,523/mo

Utilities

Hydro / electricity$350/mo

≈ $0.07/ft² × ~5,000 ft² · ON avg ~$350/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$74,990/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$173,950

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)52% $341,387/yr

Property taxes35% $228,229/yr

Utilities1% $7,260/yr

Insurance & security0% $1,600/yr

Maintenance11% $74,990/yr

Closing costs1% $5,100/yr

Mortgage is 52% of your true cost of ownership. The other 48% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$341,387	$28,449/mo
Government & taxes
Property tax	$54,279	$4,523/mo
Land transfer tax(closing)	$173,950	$14,496/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,200	$350/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$74,990	$6,249/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$658,566	$54,880/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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112 WESTWOOD Lane

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Annual costs