$1,480,000
Est. payment $6,553/moCalculate yours
74 Formosa Drive, Richmond Hill, ON L4S 1S9
Rouge Woods, Richmond Hill, ON L4S 1S9
- 4 + 1 Beds
- 5 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of Rebecca Fang Signature Realty Brokerage Corp. MLS® N13750534
About this home
A Fantastic Family Home Ideally Located In One Of Richmond Hill’s Most Desirable Neighbourhoods - The Prestigious Rouge Woods Community! Mins To The Top Ranking Bayview Secondary School, Parks, Shopping, Restaurants, Transit And All Amenities. This Beautifully Upgraded And Spacious 4+1 Bedroom, 5-Bathroom Family Home Features A Functional Open-Concept Layout, 9-Ft Smooth Ceilings On The Main Floor, All New Hardwood Flooring throughout the house, New Bathroom in Basement, New Pot Lights And All light fixtures. An Elegant Living/Dining Area. A Modern Kitchen Boasts Quartz Countertops, Stylish Backsplash, Ample Cabinetry, Large Centre Island, 4 Burner Gas Stove, Double Door Fridge With Wifi Feature And Breakfast Area With Walk-Out To A Generous and New Deck Which Is Perfect For Entertaining. Bright And Inviting Family Room With Gas Fireplace. Upstairs Offers 4 Spacious Bedrooms, Including Multiple Ensuite Baths. The Professionally Finished Walk-Out Basement Features A Wet Bar Which Can Be Converted Into A Second Kitchen, One Additional Full Size Bedroom, Full Bathroom And Recreation/Living Space, Offering Excellent Flexibility For Extended Family Or Additional Living Space. New Window Coverings. New Garage Door & Remote Opener. Private And Attached Double Garage With Super Long Driveway, No Sidewalk Which Provides Ample Parking.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4 + 1
- Bathrooms
- 5
- Kitchens
- 1
- Total Rooms
- 13
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 31.5 x 109.91 Feet
- Parking
- Attached garage · 6 total
Financial
- Property Taxes
- $8,079 (2026)
Location
- Neighbourhood
- Rouge Woods
- Cross Street
- Bayview & Major Mac
- Direction Faces
- North
Listing
- MLS® Number
- N13750534
- Days on Market
- 41
- Listed On
- 2026-09-07
- Possession
- 30/60/90
- Listed By
- Rebecca Fang Signature Realty Brokerage Corp.
Rooms
Features
Interior
- Other
Property
- Greenbelt/Conservation
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- School
Pool
- None
- Included
- All New Existing LEDs, Light Fixtures & Window Coverings, New Fridge With Wifi, B/I Dishwasher, Washer & Dryer. New Heat Pump Air Conditioner.
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$6,553 per month
- Principal and interest
- $6,553
- Property tax
- $673
- Condo fees
- $0
- Estimated monthly cost
- $7,226
Your mortgage
- Mortgage amount
- $1,184,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $781,936
Cash to close
- Down payment
- $296,000
- Land transfer tax
- $26,075
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $322,075
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.