$2,649,000

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245 Lakeland Crescent, Richmond Hill (Oak Ridges Lake Wilcox) - Single Family for Sale

245 Lakeland Crescent, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3A6

5 beds3 baths4 parking2,750 ft²45 × 160 ft (7,200 sq ft) lot sizeListed 64 days ago

Overview

This 5-bedroom, 3-bathroom home in Richmond Hill is for sale offering roughly 2,750 sq ft of space.

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Description

Cottage Living in the City**This exquisite 2.5 storey waterfront property nestles on the pristine shores of Lake Wilcox, offering direct access to fishing, boating, and water sports. This lakeside property is just steps from Yonge Street, scenic walking trails, parks, and the community centre, it perfectly blends natural beauty with urban convenience.Featuring 4 plus 1 spacious bedrooms and 3 luxurious full bathrooms, this meticulously designed residence showcases timeless craftsmanship and elegant finishes throughout. Gleaming hardwood floors and a cozy gas fireplace grace every level, creating an inviting and warm ambiance. The lower level boasts a private office, a laundry room and a fully finished in law apartment, ideal for multigenerational living or hosting guests with privacy and style.The main floor impresses with a chef inspired kitchen featuring custom cabinetry, granite countertops, a double oven, and premium stainless steel appliances. The open concept dining and family areas maximize stunning lake views, inviting natural light to fill the space. Step outside to a lakeside deck with a remote controlled retractable screen and heater, perfect for year round entertaining.The expansive lower deck offers lounge seating, a gas fire table, and a bespoke outdoor bar designed for memorable gatherings and relaxing evenings. Professionally landscaped grounds with ambient lighting and a heated workshop complete this exceptional backyard oasis.Upstairs, retreat to the elegant master suite featuring a generous walk in closet and spa inspired ensuite with double vanity, walk in shower, and a luxurious soaker tub. Enjoy breathtaking panoramic lake views from your private upper deck, a perfect sanctuary to unwind.This rare waterfront property marries refined cottage charm with sophisticated city living, offering an unparalleled lifestyle of comfort, elegance, and unforgettable lakefront experiences. (id:66096)

Property Details

MLS®: N13730176
Property Type: Single Family
Zoning: Residential
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 45 × 160 ft (7,200 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes

Rooms

Lower level

Office: 3.29 x 2.69 meters
Other: 4.45 x 2.73 meters
Foyer: 5.06 x 4.01 meters
Laundry room: 3.62 x 2.68 meters

Upper Level

Primary Bedroom: 8.6 x 4.45 meters

Main level

Dining room: 3.23 x 2.61 meters
Kitchen: 4.69 x 3.24 meters
Family room: 6.73 x 5.37 meters
Bedroom 2: 6.68 x 2.75 meters

Features

Appliances: Central Vacuum, Window Coverings
Foundation: Concrete
Exterior: Brick
Lot Features: Conservation/green belt

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Richmond Hill (Oak Ridges Lake Wilcox) listings, avg age

45d

Price / ft²

$963

List price

$2.65M

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.

Haho

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?

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Listed by NEW WORLD 2000 REALTY INC. · BRUNO F. CRISTINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $2,649,000, about 20.9× the local median household income of $127,000.

Carrying it typically needs a household income of about $517,442 (20% down, 25-yr amortization, stress-tested) — roughly 307% above the area median.

Median household income: $127,000
Population: 54,606
Median age: 40.4
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4E)

$2,649,000· $963/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $529,800

Min 20%50%

Mortgage payment$11,297/mo

Property tax (est.)$842/mo

Total monthly$12,139

Cash Needed to Close

Down payment (20%)$529,800

Land transfer tax$52,700

Est. closing costs$10,447

Total cash needed$592,947

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245 Lakeland Crescent, Richmond Hill (Oak Ridges Lake Wilcox) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4E)

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Full Cost Breakdown

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