92 Westwood Lane, Richmond Hill

Price: $5,980,000

6 bedrooms, 8 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13847478

THE WESTWOOD ESTATE ,92 WESTWOOD LANE, SOUTH RICHVALE , A Modern Home Reflective of a Past EraThe Westwood Estate is a refined interpretation of timeless architectural sensibility, where elegance, craftsmanship and gracious proportions are thoughtfully reimagined for contemporary living. Set on an impressive 100 x 250 lot in the prestigious enclave of South Richvale, this distinguished residence balances modern sophistication with the warmth and character of an earlier era. Its architecture evokes a time when homes were designed with intention, permanence and an appreciation for the art of living beautifully. Generous proportions, natural light and carefully considered details create interiors that feel both contemporary and familiar. The result is a residence with a distinctive sense of character-modern in functionality, yet inspired by the enduring elegance of the past. Beyond its walls, South Richvale offers an exceptional lifestyle surrounded by established residences, lush green spaces, private clubs, golf, fine dining, shopping and some of the GTA's most sought-after educational opportunities. Here, modern living is not about following a trend. It is about reinterpreting what has always been beautiful. The Westwood Estate-a modern expression of a timeless era. A world of magnificence awaits.

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New Listing
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$5,980,000 - 92 Westwood Lane, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 6 days ago

Neighbourhood: South Richvale

6Beds
8Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
N13847478
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
8
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$25,707
Listing Brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED
Description

THE WESTWOOD ESTATE ,92 WESTWOOD LANE, SOUTH RICHVALE , A Modern Home Reflective of a Past EraThe Westwood Estate is a refined interpretation of timeless architectural sensibility, where elegance, craftsmanship and gracious proportions are thoughtfully reimagined for contemporary living. Set on an impressive 100 x 250 lot in the prestigious enclave of South Richvale, this distinguished residence balances modern sophistication with the warmth and character of an earlier era. Its architecture evokes a time when homes were designed with intention, permanence and an appreciation for the art of living beautifully. Generous proportions, natural light and carefully considered details create interiors that feel both contemporary and familiar. The result is a residence with a distinctive sense of character-modern in functionality, yet inspired by the enduring elegance of the past. Beyond its walls, South Richvale offers an exceptional lifestyle surrounded by established residences, lush green spaces, private clubs, golf, fine dining, shopping and some of the GTA's most sought-after educational opportunities. Here, modern living is not about following a trend. It is about reinterpreting what has always been beautiful. The Westwood Estate-a modern expression of a timeless era. A world of magnificence awaits.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$26,451.56/mo

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5-yr fixed avg.

Principal: $4,784,000Interest: $3,151,467
Mortgage Amount$4,784,000
Total Interest$3,151,467
Est. Property Tax$4,236/mo
Total Cost$7,935,467

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: South Richvale

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

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

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.

70
Walk Score
Varies
Price Range

92 Westwood Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$4,236
Insurance (est.)-$1,246
Net Cash Flow-$632

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

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.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 8 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.

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    92 Westwood Lane, Richmond Hill | $5,980,000 | Battaglia Team