109 Highland Lane, Richmond Hill, ON
Mill Pond, Richmond Hill · MLS® N14029016
About this home
In short
- 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...
- An attached 2-car garage and private driveway provide parking for up to 6 vehicles.
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*
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N14029016
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 77.8 × 178.78 ft
- Cross streets
- Yonge St & Major Mackenzie Dr.
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,463 / 2025
- Days on market
- 6
- Listing brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
Rooms
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.
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For sale
For sale
For sale
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For sale
For sale
For sale
For saleNothing 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 $697/sqft; this home lists at $1,022/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Mill Pond, Richmond Hill, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,839,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,169
- Property tax
- $789
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,958
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,950
- Estimated closing costs
- $43,950
Plus your down payment of $459,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $610,155
- Principal paid down
- $224,716
- Interest paid
- $385,439
- Balance remaining
- $1,614,484
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.