$1,290,000

$1,360,000For salePrice drop↓ $70,000 (5%)

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

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

4 beds2 baths parking

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4 bd4 ba3 pk1,300 ft²Lot size 24 × 99 ft (2,403 sq ft)

Listed by HOMELIFE LANDMARK REALTY INC.

350 Sunset Beach Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3H9

For saleJust listed

3 days ago

$1.95M

350 Sunset Beach Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3H9

5 bd4 ba10 pk2,250 ft²Lot size 75 × 215 ft (16,125 sq ft)

Listed by RIGHT AT HOME REALTY

101 Old Colony Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3X2

For saleJust listed

4 days ago

$988K

101 Old Colony Road, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E3X2

2 bd2 ba5 pk1,300 ft²Lot size 39 × 110 ft (4,330 sq ft)

Listed by RIGHT AT HOME REALTY

Investment analysis

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$1,290,000

Richmond Hill

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Overview

This 4-bedroom, 2-bathroom home in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Listed at $1,290,000, it is attractively priced about 10% below the $1,428,000 median asking price in Richmond Hill. It has been on the market 40 days, fresher than the Richmond Hill average of 47 days.

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Description

Attention Investors and Builders! A rare find Premium 100 Ft x150 Ft lot located in prime location of Oak Ridges, Existing well maintained bungalow features a three beds and two baths with finished basement. This property offers incredible potential for townhomes development or severance into two 50 ft x 150 ft lots. One Of The Largest Frontage In The Neighbourhood. Close to Yonge St, shops, Transit and All Amenities. (id:66096)

Property Details

MLS®: N13832872
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 100 × 150 ft (15,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $8,145/yr
Listed: 40 days ago

Rooms

Main level

Living room: 5.74 x 3.63 meters
Dining room: 2.94 x 3.4 meters
Kitchen: 3.35 x 2.95 meters
Primary Bedroom: 4.32 x 3.31 meters
Bedroom 2: 3.25 x 2.84 meters
Bedroom 3: 3.35 x 3.04 meters

Lower level

Recreational, Games room: 4.01 x 4.05 meters
Bedroom 4: 3.96 x 3.81 meters
Den: 3.39 x 2.43 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

40d

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

47d

Price / ft²

$992

List price

$1.29M

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.

Area context

Neighbourhood profile (L4E)

This home lists at $1,290,000, about 10.2× the local median household income of $127,000.

Carrying it typically needs a household income of about $251,982 (20% down, 25-yr amortization, stress-tested) — roughly 98% 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)

$1,290,000· $992/ft²

For sale

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Full Cost Breakdown

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Down Payment8.06% · $104,000

Min 8.06%50%

Mortgage payment$6,575/mo

↳ CMHC premium ($47,440 capitalized)

Property tax (est.)$679/mo

Total monthly$7,254

Cash Needed to Close

Down payment (8.06%)$104,000

Land transfer tax$22,275

Est. closing costs$6,370

Total cash needed$132,645

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

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Description

Property Details

Rooms

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (L4E)

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