82 Westwood Lane, Richmond Hill

Price: $7,888,888

5 bedrooms, 8 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13444848

Rarely does a property of this calibre come to market. Welcome to 82 Westwood Lane, a fully transformed estate in prestigious South Richvale. Set on a rare 100 x 250 ft lot behind a sweeping cobblestone driveway, this exceptional 4+1 bedroom, 8 bathroom residence has been comprehensively renovated to the highest luxury standards. The striking exterior features cut stone architecture, black framed glass garage doors, and a dramatic arched entrance with custom double doors and gold accents. Inside, a stunning foyer showcases polished porcelain floors, marble details, designer lighting, and a spectacular curved staircase framed by custom iron balusters and a dramatic two storey feature wall. The open concept main level is designed for both entertaining and everyday living, offering expansive principal rooms, floor to ceiling windows overlooking the private backyard retreat, and a striking marble feature wall with integrated media. The chef inspired kitchen boasts custom cabinetry, a waterfall quartz island, premium stainless steel appliances, gas range, and designer lighting. Formal and casual dining areas flow seamlessly for effortless hosting. The elegant living room, complete with fireplace and herringbone flooring, provides a refined setting for intimate gatherings. Upstairs, the luxurious primary suite offers a hotel inspired retreat with a dramatic feature wall, chandelier, sitting area, hardwood floors, and serene treetop views. The resort style backyard features an inground pool, outdoor lounge pavilion, basketball court, and beautifully landscaped grounds with multiple entertaining spaces. Additional highlights include a 6 car garage, parking for up to 16 vehicles, and a fully finished lower level with recreation space and catering kitchen. Ideally located near top ranked schools, premier golf and country clubs, fine dining, boutique shopping, and Yonge Street amenities. More than a renovation, this is a complete reinvention of luxury living.

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active
New Listing
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$7,888,888 - 82 Westwood Lane, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed yesterday
5Beds
8Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13444848
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
8
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX EXPERTS
Description

Rarely does a property of this calibre come to market. Welcome to 82 Westwood Lane, a fully transformed estate in prestigious South Richvale. Set on a rare 100 x 250 ft lot behind a sweeping cobblestone driveway, this exceptional 4+1 bedroom, 8 bathroom residence has been comprehensively renovated to the highest luxury standards. The striking exterior features cut stone architecture, black framed glass garage doors, and a dramatic arched entrance with custom double doors and gold accents. Inside, a stunning foyer showcases polished porcelain floors, marble details, designer lighting, and a spectacular curved staircase framed by custom iron balusters and a dramatic two storey feature wall. The open concept main level is designed for both entertaining and everyday living, offering expansive principal rooms, floor to ceiling windows overlooking the private backyard retreat, and a striking marble feature wall with integrated media. The chef inspired kitchen boasts custom cabinetry, a waterfall quartz island, premium stainless steel appliances, gas range, and designer lighting. Formal and casual dining areas flow seamlessly for effortless hosting. The elegant living room, complete with fireplace and herringbone flooring, provides a refined setting for intimate gatherings. Upstairs, the luxurious primary suite offers a hotel inspired retreat with a dramatic feature wall, chandelier, sitting area, hardwood floors, and serene treetop views. The resort style backyard features an inground pool, outdoor lounge pavilion, basketball court, and beautifully landscaped grounds with multiple entertaining spaces. Additional highlights include a 6 car garage, parking for up to 16 vehicles, and a fully finished lower level with recreation space and catering kitchen. Ideally located near top ranked schools, premier golf and country clubs, fine dining, boutique shopping, and Yonge Street amenities. More than a renovation, this is a complete reinvention of luxury living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$34,895.21/mo

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5-yr fixed avg.

Principal: $6,311,110Interest: $4,157,453
Mortgage Amount$6,311,110
Total Interest$4,157,453
Est. Property Tax$5,588/mo
Total Cost$10,468,563

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Richmond Hill

Discover Richmond Hill

Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Richmond Hill

  • Convenient location in Richmond Hill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

82 Westwood Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
-0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$5,588
Insurance (est.)-$1,644
Net Cash Flow-$2,782

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $2254/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.

Bathroom Count Matters

With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    82 Westwood Lane, Richmond Hill | $7,888,888 | Battaglia Team