74 Formosa Drive
Richmond Hill, ON
- 5 bed
- 5 bath
- approx. 2000-2500 sqft
- Detached
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.
Listing Details
- Taxes (2026)
- $8,079
- Listed
- September 7, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Other
- Interior
- Other
- Lot Size
- 31.5 x 109.91 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bayview & Major Mac
- Parcel Number
- 031860480
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- All New Existing LEDs, Light Fixtures & Window Coverings, New Fridge With Wifi, B/I Dishwasher, Washer & Dryer. New Heat Pump Air Conditioner.
- Rental Items
- Hot Water Tank
Schools
Elementary
- Richmond Rose Public School0.3 km
Public · York Region DSB · 465 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 90% met the provincial standard
- Silver Stream Public School0.6 km
Public · York Region DSB · 620 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 92% met the provincial standard
- Michaelle Jean Public School0.7 km
Public · York Region DSB · 305 students
Secondary
- Our Lady Queen of the World CA High School0.8 km
Catholic · York CDSB · 1200 students
Grade 10 literacy: 93% met the provincial standard
- Bayview Secondary School0.9 km
Public · York Region DSB · 1940 students
Grade 10 literacy: 95% met the provincial standard
- Richmond Green Secondary School2.2 km
Public · York Region DSB · 1160 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L4S
- Population
- 36,688
- Private dwellings
- 11,480
- Median age
- 43.2
- Average household size
- 3.2
- Median household income
- $119,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Richmond Hill · last 12 months
- Median sold price
- $1,101,400
- Homes sold
- 1,974
- Median days on market
- 24
- Sale-to-list price
- 98.5%
Based on 1,974 recorded sales of residential freehold properties in Richmond Hill over the last 12 months.
Rooms
5-piece on Second, 4-piece on Second, 3-piece on Second, 2-piece on Main, 3-piece on Basement
Second
- Bedroom 210'11" x 10'4"
- Bedroom 310'11" x 10'4"
- Bedroom 411'5" x 13'11"
- Primary Bedroom11'10" x 15'10"
Ground
- Breakfast10'1" x 9'4"
- Dining Room11'6" x 20'1"
- Family Room11'3" x 17'5"
- Kitchen10'1" x 10'
- Living Room11'6" x 20'1"
Other
- Bedroom 5
- Kitchen
- Recreation
Listed by
Rebecca Fang Signature Realty Brokerage Corp.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$296,000
Estimated Monthly Payment
$7,271
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,271/mo (20% down, 5.5%)
Taxes: $673/mo · Insurance: $370/mo
Estimates only. Consult a financial advisor.
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