92 Westwood Lane, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13847478

$5,980,000
For Sale
Listed 19 days agoNo offer date stated
4+2Bedrooms
8Bathrooms
2Garage · 10 parking
3500-5000Sq ft

About this home

In short

  • THE WESTWOOD ESTATE ,92 WESTWOOD LANE, SOUTH RICHVALE , A Modern Home Reflective of a Past EraThe Westwood Estate is a refined interpretation of timeless...
  • 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...

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.

Key facts

Property type
Detached, Bungalow
MLS®
N13847478
Bedrooms
4+2 (6 total)
Bathrooms
8 (2 half)
Size
3500-5000 sq ft
Lot
100 × 250 ft
Cross streets
West of Yonge
Parking
2 garage · 10 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Not Applicable
Roof
Not Applicable
Sewer
Sewer
Property tax
$25,707 / 2025
Days on market
19
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED

Rooms

Bedroom 3Main7.33 × 3.83 m

combined w/br · ceramic floor · window

BedroomBasement5.45 × 5.80 m

3 pc ensuite · hardwood floor · w/o to patio

WorkshopMain7.91 × 4.30 m

3 pc bath · hardwood floor · window

Dining RoomMain5.45 × 6.62 m

w/o to deck · ceramic floor · open concept

Primary BedroomMain5.59 × 11.83 m

5 pc ensuite · w/o to deck · ceramic floor

KitchenMain5.45 × 5.09 m

centre island · breakfast bar · stainless steel appl

BedroomBasement4.49 × 3.84 m

3 pc ensuite · hardwood floor · w/o to patio

Living RoomMain5.45 × 5.25 m

fireplace · open concept · ceramic floor

FoyerMain2.11 × 8.53 m

hardwood floor · window

Bedroom 5Basement5.27 × 3.61 m

4 pc ensuite · hardwood floor · window

Bedroom 2Main3.17 × 3.82 m

w/o to yard · ceramic floor · w/w closet

Bedroom 4Main7.33 × 3.83 m

combined w/br · ceramic floor · window

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

South Richvale, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$27,255/mo
$1106KIncome needed
5.4×Price ÷ income
$6,290Weekly cost
$135,975Land 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.

93%mortgage
Mortgage $27,255Property tax $2,142Total carry $29,397

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)
$26,452per month

Mortgage amount $4,784,000 · 4.49% over 25 years

$1,196,000Down payment (20.0%)
$4,784,000Loan before insurance
$0CMHC premium
$28,594Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$26,452
Property tax
$2,142
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$28,594

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

One-time closing costs

Ontario land transfer tax
$135,975
Estimated closing costs
$135,975

Plus your down payment of $1,196,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$32,015/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

$3,151,467Total interest paid
$7,935,467Total of all payments
Principal $4,784,000 Interest $3,151,467
YearPrincipalInterestBalance
1$106,759$210,660$4,677,241
2$111,606$205,813$4,565,636
3$116,673$200,746$4,448,963
4$121,971$195,448$4,326,992
5$127,509$189,910$4,199,484
6$133,298$184,121$4,066,186
7$139,350$178,069$3,926,835
8$145,677$171,741$3,781,158
9$152,292$165,127$3,628,867
10$159,206$158,212$3,469,660
11$166,435$150,984$3,303,226
12$173,992$143,427$3,129,234
13$181,892$135,527$2,947,343
14$190,150$127,269$2,757,192
15$198,784$118,635$2,558,409
16$207,809$109,609$2,350,600
17$217,245$100,174$2,133,355
18$227,108$90,310$1,906,246
19$237,420$79,999$1,668,826
20$248,200$69,219$1,420,627
21$259,469$57,950$1,161,157
22$271,250$46,169$889,907
23$283,566$33,853$606,341
24$296,441$20,978$309,901
25$309,901$7,518$0

At the end of your 5-year term

Total paid over the term
$1,587,093
Principal paid down
$584,516
Interest paid
$1,002,577
Balance remaining
$4,199,484

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
0.9%Cap rate after taxes and upkeep

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.

1.5%
Gross yield
− Property tax $25,707− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $51,391

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.

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