Gurvinder Nokwal REALTOR®
For Sale Semi-Detached 24 days on market

$1,079,000

Est. payment $4,778/moCalculate yours

94 Formosa Drive, Richmond Hill, ON L4S 1T1

Rouge Woods, Richmond Hill, ON L4S 1T1

  • 3 Beds
  • 2 Baths
  • 1 Garage
  • 1,500 Sq Ft
Map

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA MLS® N13823544

About this home

Opportunity knocks on a premium lot in one of Richmond Hill’s most sought-after pockets. Situated off Bayview and Major Mackenzie, this 3 bedroom, 3 bathroom semi just under 1600 sqft of above grade living space. The open concept main floor is filled with natural light. The bedrooms are generously sized. The primary bedroom features a walk-in closet and private ensuite, with a second full bathroom upstairs. The finished basement has a walk-out to the backyard, offering in-law suite potential. Mature trees in both the front and backyard provide added privacy. Interior access to the attached garage provides everyday convenience. Whether you’re an end user looking to renovate and make a property feel like your own, or an investor looking for strong rental income potential, this is a true value-add opportunity. Minutes to Highway 404, big name retailers, restaurants, and parks, all within the Bayview Secondary School area. Homes with this much upside in this location don’t come around often.

Property details

Overview

Property Type
Semi-Detached
Style
2-Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Basement
Finished with Walk-Out

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
20.88 x 101.64 Feet
Parking
Attached garage · 3 total

Financial

Property Taxes
$5,838 (2026)

Location

Neighbourhood
Rouge Woods
Cross Street
Major Mackenzie & Bayview
Direction Faces
North

Listing

MLS® Number
N13823544
Days on Market
24
Listed On
2026-09-24
Possession
30/60/90
Listed By
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Room Level Dimensions
Bedroom 2 Second 11′ 7″ × 10′ 2″
Dining Room Main 10′ 1″ × 9′ 6″
Living Room Main 14′ 1″ × 12′ 6″
Primary Bedroom Second 14′ 1″ × 16′ 9″
Bedroom 3 Second 9′ 11″ × 9′ 1″
Kitchen Main 18′ 3″ × 8′ 11″

Features

Interior

  • In-Law Capability
  • Storage
  • Water Heater

Pool

  • None
Included
Fridge, Stove, Dishwasher, Range Hood, Washer & Dryer, and All Electrical Light Fixtures.
Rental items
Hot Water Tank.

Mortgage calculator

Minimum for this price: $82,900 (7.68%)

Amortization, years

Estimated mortgage payment

$4,778 per month

Principal and interest
$4,778
Property tax
$486
Estimated monthly cost
$5,264

Your mortgage

Mortgage amount
$863,200
Mortgage insurance
Not needed
Interest over 25 years
$570,074

Cash to close

Down payment
$215,800
Land transfer tax
$18,055
Total, before legal fees
$233,855
Talk to me about financing

Estimates 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

94 Formosa Drive, Richmond Hill, ON L4S 1T1 Rouge Woods, Richmond Hill, ON L4S 1T1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,079,000 94 Formosa Drive, Richmond Hill, ON L4S 1T1
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