$1,880,000 - 29 Westwood Lane, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: South Richvale
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- MLS Number
- N13768960
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $9,091
- Listing Brokerage
- ROYAL STAR REALTY INC.
Situated on a premium corner lot surrounded by luxury estates in prestigious South Richvale, this beautifully updated bungalow offers incredible versatility for homeowners, investors, or redevelopment potential (buyers to verify zoning independently). The bright main floor features hardwood floors, recessed lighting, and a modern kitchen with granite countertops and stainless steel appliances, alongside spacious living areas and a primary bedroom with an ensuite. The fully finished lower level adds exceptional income or generational value with two self-contained suites-one 2-bedroom and one 1-bedroom-each complete with its own kitchen , bath, laundry, and large windows. Outside, enjoy a multi-vehicle interlock driveway, a private fenced yard, energy-efficient foam insulation, and a wired surveillance system. Everything is move-in ready, just steps from Yonge Street, transit (Richmond Hill Centre Terminal, GO station), parks, stop schools, and major highways (Hwy 407 & Hwy 7).
Estimate your monthly payments for this property
Estimated Payment
$8,315.87/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 South Richvale
South Richvale 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 South Richvale
- •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
South Richvale 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.
29 Westwood 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 $1709/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.
Market Position
At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
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 South Richvale
I know South Richvale 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.