114 Wood Lane, Richmond Hill, ON

$2,999,888
MLS#:N11914585
5 beds
6 baths
10.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,999,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 6 Bathrooms
  • Premium 47.05 x 281.31 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning Custom Built Residence, One of few backing onto scenic Mill Pond parkland. Located on one of Richmond Hill's finest communities, Mill Pond. Sunny west facing Backyard Oasis, Perfect for grand entertaining and family life. Well Appointed Residence Features An Abundance Of Custom Finishings. Over 4,900 Sq. ft. of Luxury Living space With 4 Bedrooms & 6 Bathrooms, each Bedroom With An Ensuite and Custom Closet Organizers. Oversized Primary Bedroom Featuring Walkout to Balcony overlooks Mill Pond, 5 Pc Spa like Ensuite - Walk in Closet. Stunning Chefs Kitchen with Large island, High End Stainless Steel Appliances, Separate Servery and Walk in Pantry. Marble, Barn Board Floors & Pot Lights On Main & Second Floor. Upper Level Laundry Room. Open Concept Finished Basement with Ceramic Heated Floors & Over Sized lookout Windows . Soaring ceilings of 10 ft on the main floor & 9 ft on the second floor create a light and airy feeling. This home takes advantage of the top-rated schools in the area, including Pleasantville Public School, Alexander Mackenzie Secondary School with its renowned IB and arts programs, and St. Theresa of Lisieux Catholic High School. Nearby you'll find restaurants, markets, supermarkets, shopping at Hilcrest Mall, the Richmond Hill Centre for the Performing Arts, library, and easy access to Highways 400/404/407 and Highway 7. Public transit via YRT and GO Train at Richmond Hill & Maple stations are also convenient options. **EXTRAS** Retractable Central Vacuum stations. 2 Garage Door Openers + 2 Remotes.

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Key Features

Bedrooms
5
Bathrooms
6
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 13, 2025
Sold price information is available to members only
Listed Date1/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size47.05 × 281.31 Feet
CountyYork
Annual Tax$12,130.44
Legal DescriptionCON 1 WYS PT LOT 48 AND RP 65R3614 PART 8

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Fenced Yard, Hospital, Lake/Pond, Library, Park

Interior Features

Auto Garage Door Remote, Bar Fridge, Carpet Free, Central Vacuum, Upgraded Insulation

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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114 Wood Lane, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 114 Wood Lane, Richmond Hill, ON L4C 4W1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate5.25%
Down Payment$599,978 (20.0%)
* Minimum Canadian down payment required for this price is $599,978.
Amortization Period25 Years
Estimated Monthly Payment$14,301Based on a loan of $2,399,910 over 25 years.
Purchase Price$2,999,888
Loan Amount$2,399,910
Provincial Land Transfer Tax:$61,472
Total Estimated Closing Taxes:$61,472

About Purchasing a Home in Richmond Hill, ON

For a property listed at $2,999,888 in Richmond Hill, the legal minimum down payment is $599,978 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $61,472 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $61,472.

Nearby Listings

Distance:

No current listings found in Richmond Hill.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mill Pond, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,599,169

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

O M MacKillop
Public206 Lucas Street, Richmond Hill, Ontario, L4C 4P7
5.8
St Mary Immaculate
Public161 Regent Street, Richmond Hill, Ontario, L4C 9N9
8.7
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6
Silver Pines
Public112 Stave Crescent, Richmond Hill, Ontario, L4C 9J2
7.1
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8

Secondary Schools

Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.