$1,479,000

For sale

315 North Lake Road, Richmond Hill (Oak Ridges Lake Wilcox) - Single Family for Sale

315 North Lake Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3A2

4 beds5 baths8 parking2,750 ft²43 × 105 ft (4,509 sq ft) lot sizeListed 41 days ago

Overview

This 4-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 2,750 sq ft of space. Its $1,479,000 asking price sits right in line with the $1,428,000 median in Richmond Hill. It has been on the market 41 days, fresher than the Richmond Hill average of 47 days.

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Description

Welcome to 315 North Lake Road-an entertainer's dream in one of Richmond Hill's most sought-after communities, just steps from Lake Wilcox and surrounded by the natural beauty of Jefferson Forest. This stunning 2-storey home offers a bright, sun-filled foyer with oversized windows and a modern open-concept layout designed for both everyday living and hosting.The gourmet chef's kitchen features built-in stainless steel appliances, quartz countertops, a stylish backsplash, and undermount lighting, all seamlessly connected to the main living space and sunken living room with a fireplace. Upstairs, the spacious primary bedroom offers a spa-inspired 5-piece ensuite, creating the perfect private retreat.The fully finished recreation room is ideal for entertaining, complete with a home theatre setup, wet bar, gas fireplace, and a 3-piece bath. Thoughtfully updated throughout, this home showcases modern finishes from top to bottom and has been meticulously maintained.Step outside to a beautifully upgraded backyard featuring a full deck transition from a poured stone patio-perfect for summer gatherings and outdoor relaxation.Enjoy an unbeatable lifestyle just a short walk to Lake Wilcox, with access to parks, trails, a community centre, beach volleyball, and swimming in the summer, plus skating and ice fishing in the winter. Explore scenic mountain biking and walking trails throughout Jefferson Forest, all while benefiting from quick access to Gormley GO Station and Highway 404-just a 5-minute drive away. Experience the charm of cottage-style living with all the conveniences of the city nearby. (id:66096)

Property Details

MLS®: N13830754
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 5
Half Baths: 1
Parking: 8
Interior Size: 2,750 ft²
Lot Size: 43 × 105 ft (4,509 sq ft)
Frontage: 42 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Library: 3.8 x 3.63 meters
Dining room: 4.17 x 3.41 meters
Kitchen: 3.8 x 4.05 meters
Eating area: 4.87 x 3.57 meters
Family room: 4.89 x 3.83 meters

Basement

Cold room: 4.88 x 2.16 meters
Recreational, Games room: 6.55 x 11.91 meters
Media: 5.16 x 3.74 meters

Second level

Primary Bedroom: 5.23 x 4.87 meters

Features

Appliances: Washer, Refrigerator, Stove, Range, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Window Coverings, Garage door opener remote(s), Water Heater
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Ravine, Conservation/green belt, Lighting, Carpet Free, Gazebo, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

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

47d

Price / ft²

$538

List price

$1.48M

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 4-bed single family in Richmond Hill (Oak Ridges Lake Wilcox) has been listed for 41 days, which is 6 days fresher than the city average of 47. Act while there is still low competition.

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Listed by POWER 7 REALTY · ABRAM YUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,479,000, about 11.6× the local median household income of $127,000.

Carrying it typically needs a household income of about $288,900 (20% down, 25-yr amortization, stress-tested) — roughly 127% 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)

$1,479,000· $538/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.31% · $122,900.00

Min 8.31%50%

Mortgage payment$7,518/mo

↳ CMHC premium ($54,244 capitalized)

Property tax (est.)$598/mo

Total monthly$8,116

Cash Needed to Close

Down payment (8.31%)$122,900

Land transfer tax$26,055

Est. closing costs$6,937

Total cash needed$155,892

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice