126 WOOD Lane, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N13236980

$4,988,888
For Sale
Listed 138 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
6Bathrooms
2.5Garage · 8.5 parking
3500-5000Sq ft

About this home

In short

  • Client RemarksModern, High technology Custom built home on one of a kind lot overlooking Mill Pond.
  • 12F Main Floor Ceiling and 10F 2nd Floor Ceiling.
  • Gourmet Chef-inspired Kitchen w/ Custom Cabinetry, Quartz Counters and Walk-out to Extraordinary Backyard Retreat.
  • Hardwood Floors Through out 2nd floor.
  • Primary Bedroom w/Bespoke walk-in Closet, opulent 6 piece ensuite w/Steamcore Spa & Soaking Tub.

Client RemarksModern, High technology Custom built home on one of a kind lot overlooking Mill Pond. Sprawling Forested Lot. One of the Largest Properties & Most Desirable Location. Showcases Refined and Superior Attention to Details. Expansive Principal Spaces Beautifully Appointed w/Modern Finishes. 12F Main Floor Ceiling and 10F 2nd Floor Ceiling. Gourmet Chef-inspired Kitchen w/ Custom Cabinetry, Quartz Counters and Walk-out to Extraordinary Backyard Retreat. Heated Concrete Floors Though out main Floor and Basement. Spacious main Floor Office With Fireplace & Book matched Stone Surround. Hardwood Floors Through out 2nd floor. Custom Aluminum European Windows. Custom Front Door. Solid Core Interior Doors with Magnetic Lock. Ultra Modern paneled Walls. Masterpiece Oak Stairs with Open Raiser Steps and Aluminum and Glass Railings. LED Modern Lights. Custom Window Coverings. Primary Bedroom w/Bespoke walk-in Closet, opulent 6 piece ensuite w/Steamcore Spa & Soaking Tub. 3 other bedrooms with W/I Closets and Own Ensuites. Lower Level Boast Wet Bar (can be used as 2nd kitchen). Large Living/Dining Room w/walk-out to backyard. Bedroom with 3 piece ensuite. Theater Room. Sophisticated Street Presence w/Heated Driveway

Key facts

Property type
Detached, 2-Storey
MLS®
N13236980
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
66.21 × 310.3 ft
Cross streets
Major Mackenzie & Yonge St.
Parking
2.5 garage · 8.5 parking (attached)
Driveway
Available
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$18,779 / 2025
Days on market
138
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

OfficeMain6.00 × 4.15 m

concrete floor · 2 way fireplace · picture window

KitchenMain5.80 × 4.93 m

concrete floor · modern kitchen · breakfast bar

Bedroom 2Second5.49 × 4.15 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Family RoomMain7.80 × 6.70 m

concrete floor · combined w/living · open concept

BreakfastMain4.88 × 4.08 m

concrete floor · eat-in kitchen · w/o to deck

Dining RoomMain7.80 × 6.70 m

concrete floor · combined w/living · open concept

Bedroom 4Second4.57 × 4.41 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Primary BedroomMain6.10 × 6.10 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Living RoomMain7.80 × 6.70 m

concrete floor · combined w/dining · open concept

Bedroom 3Second4.57 × 4.39 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Mill Pond · asking prices
$3.29Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $747/sqft; this home lists at $1,174/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
4.99MThis home3.98M3.19M2.99M3.00MThis home vs active comparables

Neighbourhood & location

Mill Pond, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Westbrook
$1.58M
North Richvale
$1.46M
Crosby
$1.92M
Observatory
$2.02M
Rouge Woods
$1.77M

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$22,738/mo
$915KIncome needed
5.5×Price ÷ income
$5,247Weekly cost
$111,197Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

94%mortgage
Mortgage $22,738Property tax $1,565Total carry $24,303

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$22,068per month

Mortgage amount $3,991,110 · 4.49% over 25 years

$997,778Down payment (20.0%)
$3,991,110Loan before insurance
$0CMHC premium
$23,632Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$22,068
Property tax
$1,565
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,632

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$111,197
Estimated closing costs
$111,197

Plus your down payment of $997,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$26,709/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,629,150Total interest paid
$6,620,260Total of all payments
Principal $3,991,110 Interest $2,629,150
YearPrincipalInterestBalance
1$89,065$175,746$3,902,046
2$93,108$171,702$3,808,937
3$97,336$167,474$3,711,601
4$101,755$163,055$3,609,846
5$106,376$158,435$3,503,470
6$111,205$153,605$3,392,265
7$116,255$148,556$3,276,010
8$121,533$143,277$3,154,477
9$127,051$137,759$3,027,426
10$132,820$131,991$2,894,607
11$138,850$125,960$2,755,756
12$145,155$119,656$2,610,602
13$151,745$113,065$2,458,857
14$158,635$106,175$2,300,221
15$165,838$98,973$2,134,384
16$173,367$91,443$1,961,016
17$181,239$83,571$1,779,777
18$189,468$75,342$1,590,309
19$198,071$66,740$1,392,239
20$207,064$57,747$1,185,175
21$216,465$48,345$968,710
22$226,294$38,517$742,416
23$236,568$28,242$505,848
24$247,309$17,501$258,538
25$258,538$6,272$0

At the end of your 5-year term

Total paid over the term
$1,324,052
Principal paid down
$487,640
Interest paid
$836,412
Balance remaining
$3,503,470

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.2%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.8%
Gross yield
− Property tax $18,779− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,319

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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