



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,930,000
Richmond Hill
197 Douglas Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3H5
This 5-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 2,250 sq ft of space.
Attention Developers, Builders & Investors! Rare Oversized Lot in Prime Richmond Hill ,Incredible opportunity to own an oversized 55 x 287 ft lot in one of Richmond Hills most desirable areas steps from Lake Wilcox. This property offers dual potential: Build your dream home now Unlock rear lot development as part of a future back-lot subdivision opportunity. Existing Home Features: Spacious 5-bedroom home, Finished basement with separate entrance ideal for in-law suite or rental income, Surrounded by mature trees and nature. Just a short walk to Sunset Beach and Lake Wilcox Whether you're looking to build now or land bank for future development, this is a rare find with huge upside in a high-demand neighborhood. (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.
Long Listed: 81 days on market, against an average age of 47 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 5-bed single family in Richmond Hill (Oak Ridges Lake Wilcox) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,930,000, about 15.2× the local median household income of $127,000.
Carrying it typically needs a household income of about $376,997 (20% down, 25-yr amortization, stress-tested) — roughly 197% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4E)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice