The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Attention Builders, Investors & End Users! Exceptional opportunity in the highly sought-after Lake Wilcox community of Oak Ridges! Situated on a private, mature lot approximately 150 ft. deep, this charming and bright detached bungalow is tucked away on a quiet cul-de-sac and surrounded by impressive newer custom homes. Featuring a rear extension/addition, spacious kitchen, large eat-in dining area and walkout to a private backyard. Excellent opportunity to live in, renovate, invest, or explore the potential to build a new custom home of approximately 3,600 sq.ft. plus basement, subject to municipal approvals and applicable zoning requirements. Just a short walk to beautiful Lake Wilcox, parks and trails, with convenient access to Bayview Ave, Hwy 404, schools and amenities. With significant redevelopment taking place throughout the neighbourhood, this is a rare opportunity to secure a deep lot in one of Richmond Hill's most desirable communities. Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building potential, lot coverage and development possibilities.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,856/mo
Mortgage (principal + interest)$3,546
Property taxFrom listing: $3,715/yr$310
Minimum $69,800 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$189,600
Ontario land transfer taxProvincial brackets, no first-time refund$15,435
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$207,835
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
