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Listed 2 months ago

101 Westwood Lane

South Richvale, Richmond Hill

$11,888,000

Detached|2-Storey
5 | 12 | 15
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$15,000
Lot Size100 ft x 200 ft
mls© NumberN13224670
Listed ByRE/MAX REALTRON BARRY COHEN HOMES INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$60,848
Property tax
$1,250
Heat allowance
$150
Housing costs
$62,248 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $2,377,600
25-yr amortization

Income needed

$1,915,000

gross annual household income

Payment at 4%
$50,027 / mo
Cash down
$2,377,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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