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New6 days ago

133 Wood Lane

Mill Pond, Richmond Hill

$1,099,000

Detached|Bungalow
3 | 2 | 5
About this home

Rare opportunity to own a lovingly maintained bungalow in the heart of Richmond Hill's prestigious Mill Pond community. Held by the same owners since 1988, this solidly built home sits on an expansive lot directly across the street from the tranquil waters of Mill Pond. The main level offers a bright and functional layout while the lower level features a desirable secondary apartment with a dedicated side entrance - perfect for extended family or potential rental income. Positioned within walking distance to the community's centra hub, local galleries and the Richmond Hill Centre for the Performing Arts, the property also provides excellent access to public transit for an easy commute. Whether you are looking to move into a neighbourhood rich with history or seeing the perfect canvas to build a custom masterpiece among the area's many new luxury homes, this property offers a premier location and a lifetime of potential.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,675
Lot Size55 ft x 120 ft
mls© NumberN13616802
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,625
Property tax
$473
Heat allowance
$150
Housing costs
$6,248 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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