$2,299,000 - 109 Highland Lane, Richmond Hill
Detached for Sale in Richmond Hill
Popular ListingNeighbourhood: Mill Pond
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- MLS Number
- N14029016
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 14,010 sqft
- Taxes (2025)
- $9,463
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
Welcome to 109 Highland Lane, a distinctive detached bungalow situated in Richmond Hill's sought-afterMill Pond neighbourhood. Set on an impressive approximately 77.8 x 178.8 ft. lot, this character-filled home offers generous living space in a mature and established setting. The home features 4 bedrooms, 4bathrooms, 8+1 rooms, spacious principal living areas, a family room with fireplace, main-floor laundry, and additional finished living space in the attic. An attached 2-car garage and private driveway provide parking for up to 6 vehicles. Enjoy the charm and individuality of an established Mill Pond property, surrounded by mature trees and the character of one of Richmond Hill's most recognizable neighbourhoods. Conveniently located near Mill Pond Park, local amenities, schools, shopping, and major routes. A unique opportunity for buyers seeking a spacious property, substantial lot, and established neighbourhood in the heart of Richmond Hill. *For Additional Property Details Click The Brochure Icon Below*
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Estimated Payment
$10,169.25/mo
5-yr fixed avg.
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.
Discover Mill Pond
Mill Pond 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 Mill Pond
- •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
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
Mill Pond 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.
109 Highland Lane, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1150/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 4 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.
About Mill Pond
I know Mill Pond well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $9,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.