$1,280,000
Richmond Hill
130 Old Colony Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3V1
This 3-bedroom, 3-bathroom home in Richmond Hill is for sale offering roughly 1,750 sq ft of space. Listed at $1,280,000, it is attractively priced about 10% below the $1,428,000 median asking price in Richmond Hill. It has been on the market 8 days, fresher than the Richmond Hill average of 46 days.
LOCATION! LOCATION! LOCATION! Just Steps From The Serene Lake Wilcox, This 2-Storey Detached Home Sits On A 150 Ft Deep Ravine Lot In The Highly Desirable Oak Ridges Community! Step onto the covered front porch and into the welcoming foyer with interior access to the 2 car garage. Hardwood flooring flows throughout the principal living areas, leading to a stunning family room with a dramatic 20-ft ceiling, fireplace, and oversized windows that fill the space with natural light. The fully equipped kitchen offers stainless steel appliances, stylish backsplash, breakfast bar, and a breakfast nook with built-in cabinetry for extra pantry storage and a walkout to the backyard. A separate formal dining room with tray ceilings and an elegant accent light fixture completes the main level. Hardwood stairs with soft carpeting lead to the upper level, where an open landing overlooks the impressive family room below. The spacious primary bedroom features a walk-in closet with organizers and a 5-piece ensuite with double vanity, LED mirror, soaker tub, and glass-enclosed shower. Two additional bedrooms with ample closet space provide room for family, guests, or a home office. Outside, enjoy a private, fenced yard surrounded by mature trees, with plenty of space for a patio, gardening, and outdoor entertaining. A convenient side yard entrance adds flexibility. Ideally located near Lake Wilcox Park, scenic trails, recreational facilities, schools, and everyday amenities. Experience the tranquility of ravine living with nature and recreation just moments away. Don't miss out on this opportunity! *Some photos are virtually staged. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 46 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Richmond Hill (Oak Ridges Lake Wilcox) has been listed for 8 days, which is 38 days fresher than the city average of 46. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,280,000, about 10.1× the local median household income of $127,000.
Carrying it typically needs a household income of about $250,029 (20% down, 25-yr amortization, stress-tested) — roughly 97% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4E)
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