For SaleDetached · 2-StoreyMLS® #N13750534 · TRREB MLS®
74 Formosa Dr, Richmond Hill, Ontario
Rouge Woods, Richmond Hill, Ontario L4S 1S9
- Bedrooms
- 4+1
- Lot Size
- 31.5 x 109.91 ft
- Bathrooms
- 5
- Type
- Detached
- Basement
- Finished with Walk-Out
$1,480,000
Estimated market value
About 74 Formosa Dr
74 Formosa Dr is a 4+1-bedroom, 5-bathroom detached house in Rouge Woods, Richmond Hill, listed for sale at an asking price of $1,480,000 (MLS® N13750534).
A Fantastic Family Home Ideally Located In One Of Richmond Hill's Most Desirable Neighbourhoods - The Prestigious Rouge Woods Community! Mins To The Top Ranking Bayview Secondary School, Parks, Shopping, Restaurants, Transit And All Amenities. This Beautifully Upgraded And Spacious 4+1 Bedroom, 5-Bathroom Family Home Features A Functional Open-Concept Layout, 9-Ft Smooth Ceilings On The Main Floor, All New Hardwood Flooring throughout the house, New Bathroom in Basement, New Pot Lights And All light fixtures. An Elegant Living/Dining Area. A Modern Kitchen Boasts Quartz Countertops, Stylish Backsplash, Ample Cabinetry, Large Centre Island, 4 Burner Gas Stove, Double Door Fridge With Wifi Feature And Breakfast Area With Walk-Out To A Generous and New Deck Which Is Perfect For Entertaining. Bright And Inviting Family Room With Gas Fireplace. Upstairs Offers 4 Spacious Bedrooms, Including Multiple Ensuite Baths. The Professionally Finished Walk-Out Basement Features A Wet Bar Which Can Be Converted Into A Second Kitchen, One Additional Full Size Bedroom, Full Bathroom And Recreation/Living Space, Offering Excellent Flexibility For Extended Family Or Additional Living Space. New Window Coverings. New Garage Door & Remote Opener. Private And Attached Double Garage With Super Long Driveway, No Sidewalk Which Provides Ample Parking.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$2,676/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 22 detached homes with 5 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $8,079 / 2026
- MLS® number
- N13750534
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 31.5 x 109.91 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Listing history
Buy/sell history for 74 Formosa Dr, Richmond Hill, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,480,000 | N/A | For Sale | N13750534 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Domin Kurian for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Rouge Woods
- Municipality
- Richmond Hill
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 5
- Bathroom Details
- 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 2pc Main, 1 × 3pc Bsmt
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 31.5 ft
- Depth
- 109.91 ft
- Lot Size
- 31.5 x 109.91 ft
Additional
- Foundation
- Other
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All New Existing LEDs, Light Fixtures & Window Coverings, New Fridge With Wifi, B/I Dishwasher, Washer & Dryer. New Heat Pump Air Conditioner.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.12 × 3.5 m | hardwood floor, Combined W/Dining, Open Concept | Ground |
| Dining | 6.12 × 3.5 m | hardwood floor, Combined W/Living, Pot Lights | Ground |
| Family | 5.32 × 3.44 m | hardwood floor, Gas Fireplace, Bow Window | Ground |
| Kitchen | 3.06 × 3.07 m | Porcelain Floor, Centre Island, Breakfast Bar | Ground |
| Breakfast | 2.84 × 3.07 m | Porcelain Floor, O/Looks Family, W/O To Deck | Ground |
| Primary | 4.83 × 3.61 m | hardwood floor, W/I Closet, 4 Pc Ensuite | 2nd |
| 2nd Br | 3.16 × 3.32 m | hardwood floor, B/I Closet, 3 Pc Bath | 2nd |
| 3rd Br | 3.16 × 3.32 m | hardwood floor, Large Closet, O/Looks Frontyard | 2nd |
| 4th Br | 4.24 × 3.49 m | hardwood floor, Large Closet, 4 Pc Ensuite | 2nd |
| Rec | — | Pot Lights, O/Looks Backyard | — |
| Kitchen | — | Illuminated Ceiling, W/O To Patio | — |
| 5th Br | — | Laminate, Above Grade Window, 3 Pc Bath | — |
Map and tour
Detached homes for sale in Rouge Woods right now
- For sale now
- 20
- Median asking price
- $1.65M
- New in 7 days
- 2
- Price cuts
- 0%
Middle half: $1.4M to $1.89M
5 in 28 days
0 listings
This home is asking 10% below the median.
See all homes in Rouge WoodsAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $26,075
- Total land transfer tax
- $26,075
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $22,075
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,480,000
- $21,600
- Ontario total
- $26,075
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
- Groundwater recorded about 6.4 m below ground nearbyThe middle water level in the well records within 500 m (9 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 3.5 km3.5 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Gamma Foundries Inc. — Richmond Hill, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Dotto One, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Richmond Rose Public SchoolYork Region DSB | Public · grades JK–8 | 350 m | 94%Grade 6 average |
| Silver Stream Public SchoolYork Region DSB | Public · grades JK–8 | 600 m | 96%Grade 6 average |
| Our Lady Help of Christians Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1 km | 79%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 4.7 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Our Lady Queen of the World CA High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 750 m | 79%Grade 9 math |
| Bayview Secondary SchoolYork Region DSB | Public · grades 9–12 | 950 m | 91%Grade 9 math |
| Richmond Green Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.2 km | 82%Grade 9 math |
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 90%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Richmond Hill GO | GO Transit train: Richmond Hill | 1.9 km |
| Yonge / Crosby | YRT bus rapid transit: Viva Blue | 2.5 km |
| Yonge / Elgin Mills | YRT bus rapid transit: Viva Blue | 2.7 km |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 2.8 km |
| Bernard Terminal | YRT bus rapid transit: Viva Blue | 2.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Lot
- Lot area
- 3,462 sq ft322 m²
- Street frontage
- 31.5 ft9.6 m
- Depth
- 109.91 ft33.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $296,000
- Total mortgage amount
- $1,184,000
- Total interest payment
- $841,900
- Total purchase cost
- $2,321,900
- Mortgage payment
- $6,753/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$7,426- Rent $4,750
- Shortfall $2,676
Rental income opens at $4,750, the median asking rent of 22 comparable homes for lease in Richmond Hill. Type over it with the rent you expect. This is a planning tool, not advice.
Market area · filters apply to the charts below
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Sold prices in Rouge Woods are shown to signed-in members.