The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A very rare offering in prestigious South Richvale, 101 Westwood Lane is an extraordinary custom limestone estate designed and built by Mahzad Homes. Offering approximately 15,000square feet of luxury living space, this newly built residence combines timeless European-inspired architecture, exceptional craftsmanship, and a level of scale, elegance, and presence rarely found in today's market. Wrapped in custom-cut natural Indian limestone, the home makes an unforgettable first impression. A dramatic foyer, grand staircase crowned by an oversized skylight, soaring ceiling heights, oversized windows, and meticulously curated finishes create a residence that feels both impressive and welcoming. Every corner has something to offer, from the elegant formal dining room and private executive office to the designer kitchen and expansive family living spaces designed for both everyday comfort and sophisticated entertaining. The upper level features luxurious bedroom suites, including a spectacular primary retreat inspired by the finest five-star hotels. Throughout the home, exceptional attention to detail is showcased through custom millwork, natural marble, rich walnut flooring, heated floors, smart home automation, and an uncompromising commitment to quality. The lower level extends the living experience with expansive recreation, entertainment, andwellness-inspired spaces, thoughtfully designed to complement the lifestyle expected of a residence of this calibre. Set on an exceptionally private lot, the property offers a remarkable backyard setting with the opportunity for the final landscape vision to be completed in collaboration with the purchaser, allowing the outdoor environment to be tailored to their individual preferences and lifestyle. A true statement residence and one of South Richvale'smost impressive newly built custom estates, offering a rare combination of architecturalbeauty, craftsmanship, privacy, and luxury.Tarion Warranty Included. VTB MAY BE AVAILABLE
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$44,472/mo
Mortgage (principal + interest)$44,472
Minimum 20% ($2,377,600 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$2,377,600
Ontario land transfer taxProvincial brackets, no first-time refund$283,675
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,664,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
