$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
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
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
Estimated mortgage payment
$4,778 per month
- Principal and interest
- $4,778
- Property tax
- $486
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $233,855
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.