29 Westwood Lane

South Richvale, Richmond Hill

Open House Oct 25th, 2-4:30PM
29 Westwood Lane, South Richvale, Richmond Hill

$1,880,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,100 sqft

Price Per Sqft: $1,709.09


About this Detached

in South Richvale, Richmond Hill

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).

Listed by ROYAL STAR REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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