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$11,888,000
Richmond Hill · Ontario L4C 6X7
146 days on market
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 dram…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX REALTRON BARRY COHEN HOMES INC.
Source: TRREB/PROPTX · MLS® N13224670
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20%+ required — no CMHC insurance on $1.5M+ homes
≈ $0.07/ft² × ~5,000 ft² · ON avg ~$350/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
Cost composition
Mortgage is 56% of your true cost of ownership. The other 44% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $541,193 | $45,099/mo |
| Government & taxes | ||
| Property tax | $15,000 | $1,250/mo |
| Land transfer tax(closing) | $283,675 | $23,640/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $4,200 | $350/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $118,880 | $9,907/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $972,708 | $81,059/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.