94 Formosa Drive
Richmond Hill (Rouge Woods), ON L4S 1T1
- 3Bedrooms
- 2Bathrooms
- 1Garage
- 1500–2000Sq Ft
- $5,838Tax
- 21×102 ftLot Size
Estimated Value:$1,124,799See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 94 Formosa Drive, Richmond Hill, Rouge Woods
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-09-24 | 2026-10-17 | Login to See Prices | Terminated | n13823544 |
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About 94 Formosa Drive, Richmond Hill, Rouge Woods
Summarized Description
- Located in sought-after Richmond Hill area.
- 3 bedrooms and 3 bathrooms with ample space.
- Open concept design filled with natural light.
- Finished basement with walk-out to backyard.
- In-law suite potential for added value.
- Mature trees provide privacy in front and back.
- Attached garage offers everyday convenience.
- Strong rental income potential in prime location.
Opportunity knocks on a premium lot in one of Richmond Hill's most sought-after pockets. Situated off Bayview and Major Mackenzie, this 3 bedroom, 3 bathroom semi just under 1600 sqft of above grade living space. The open concept main floor is filled with natural light. The bedrooms are generously sized. The primary bedroom features a walk-in closet and private ensuite, with a second full bathroom upstairs. The finished basement has a walk-out to the backyard, offering in-law suite potential. Mature trees in both the front and backyard provide added privacy. Interior access to the attached garage provides everyday convenience. Whether you're an end user looking to renovate and make a property feel like your own, or an investor looking for strong rental income potential, this is a true value-add opportunity. Minutes to Highway 404, big name retailers, restaurants, and parks, all within the Bayview Secondary School area. Homes with this much upside in this location don't come around often.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,838
- Land Transfer Tax Fee
- $18,055
Rental Items
- Rental Equipment
- Hot Water Tank.
- Basement Type
- Finished with Walk-Out
Interior Features
- Interior Extras
- In-Law Capability, Storage, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
Building
- Building Type
- Semi-Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 20.88 ft
- Lot Depth
- 101.64 ft
- Lot Shape
- Pie
Inclusions
- Inclusions
- Fridge, Stove, Dishwasher, Range Hood, Washer & Dryer, and All Electrical Light Fixtures.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bedroom 2—Second level, Closet, Window
- Dining Room—Main level, W/O To Deck, Combined w/Living
- Living Room—Main level, Large Window, Combined w/Dining
- Primary Bedroom—Second level, Walk-In Closet(s), 4 Pc Ensuite
- Bedroom 3—Second level, Closet, Window
- Kitchen—Main level, Eat-in Kitchen, Breakfast Bar
Washrooms
- 4-piece, Second
- 4-piece, Second
- —-piece, Main
- Municipality
- Richmond Hill
- Neighbourhood
- Rouge Woods
- Main cross streets
- Major Mackenzie & Bayview
- Directions
- Major Mackenzie & Bayview
- MLS® number
- N13823544
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-17
- Listed on
- 2026-09-24
- Days on market
- 23 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Home Market Value
Current home valuation for 94 Formosa Drive, Richmond Hill, Rouge Woods, Richmond Hill, ON. Listed for $1,079,000
HOMEH Estimate
$1,124,799
Estimated Sales Range
$888,591 - $1,361,007
HOMEH Estimate for 94 Formosa Drive, Richmond Hill, Rouge Woods
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $579,000 over $500K
$82,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $39,837 | $30,104 | $25,680 | $0 |
=Total mortgage | $1,035,754 | $1,001,204 | $942,830 | $863,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,057monthly | $4,888monthly | $4,603monthly | $4,215monthly |
Land Transfer Tax
$18,055
$18,055
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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