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New1 hour ago

29 Westwood Lane

South Richvale, Richmond Hill

$1,980,000

Detached|Bungalow
3 | 4 | 14
About this home

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).

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,091
Lot Size135 ft x 75 ft
mls© NumberN13768960
Listed ByROYAL STAR REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,135
Property tax
$758
Heat allowance
$150
Housing costs
$11,042 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $396,000
25-yr amortization

Income needed

$340,000

gross annual household income

Payment at 4%
$8,332 / mo
Cash down
$396,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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