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$2,999,000Asking Price

246 Douglas Road, Richmond Hill, ON L4E 3H4

Oak Ridges Lake Wilcox, Richmond Hill

Detached
4 + 1
Bedrooms
2
Baths
12
Parking
Days on Market

Attention Developers, Builders & Investors! Rare one acre lot by Lake Wilcox, Prime development opportunity in Richmond Hill featuring a bungalow on a rare oversized lot with 73.81 feet of frontage and 651 feet of depth, extending to the Lake Wilcox channel, totaling 0.997 acres. This exceptional parcel is ideal for custom home builders, developers, or land bankers, offering unmatched potential in the prestigious Oak Ridges Lake Wilcox community. Adjacent to Lake Wilcox, this rare lakeside property invites you to build your dream home now, surrounded by mature trees and nature, or pursue rear lot development as part of a future back-lot subdivision. Located just 10 minutes to Gormley GO Station and Hwy 404, and steps from Yonge Street and neighboring custom-built homes, the property sits in a superior luxury urban area with high-end developments nearby. This is the only opportunity in the neighborhood offering this size and scope, with an eye-catching lot that promises unmatched privacy, natural beauty, and long-term value. Whether you're envisioning a private estate or a multi-unit development, this is a fantastic investment with many possibilities. Don't miss your chance to secure this rare-find in one of Richmond Hills most coveted lakeside communities.

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Attention Developers, Builders & Investors! Rare one acre lot by Lake Wilcox, Prime development opportunity in Richmond Hill featuring a bungalow on a rare oversized lot with 73.81 feet of frontage and 651 feet of depth, extending to the Lake Wilcox channel, totaling 0.997 acres. This exceptional parcel is ideal for custom home builders, developers, or land bankers, offering unmatched potential in the prestigious Oak Ridges Lake Wilcox community. Adjacent to Lake Wilcox, this rare lakeside property invites you to build your dream home now, surrounded by mature trees and nature, or pursue rear lot development as part of a future back-lot subdivision. Located just 10 minutes to Gormley GO Station and Hwy 404, and steps from Yonge Street and neighboring custom-built homes, the property sits in a superior luxury urban area with high-end developments nearby. This is the only opportunity in the neighborhood offering this size and scope, with an eye-catching lot that promises unmatched privacy, natural beauty, and long-term value. Whether you're envisioning a private estate or a multi-unit development, this is a fantastic investment with many possibilities. Don't miss your chance to secure this rare-find in one of Richmond Hills most coveted lakeside communities.

Key Info

  • Bungalow Detached
  • 12-Car Driveway
  • No Garage
  • Yonge & King Road
  • 1500-2000 Approximate Sq Feet
  • 1 Kitchen
  • Forced Air Gas Heating
  • No A/C

Property

  • Lot Size 74 x 651 Feet
  • .50-1.99 Acreage
  • Brick Exterior
  • Indirect Waterfront Access
  • Taxes were $8,903 in 2025

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12360724
  • REAL WORLD REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.42' x 7.55' Ceramic Floor, Eat-in Kitchen
Washroom1 4-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

Oak Ridges Lake Wilcox, Richmond Hill is a north GTA neighbourhood notable for its executives, business and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from China, and Russian speakers. Residents tend to be younger with a significant number of kids aged 5 to 14 and adults aged 30 to 54.

Families

Kids Per Family

1.4

kids per family
in the neighbourhood.

Richmond Hill  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

35% of residents are
single and loving it.

35% singles

Richmond Hill (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

13% of residents
are renters.

13% renters

Richmond Hill (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

50% of residents are
university grads.

50% university grads

Richmond Hill (54%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$160K

is the average household
income in the neighbourhood.

Richmond Hill  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 13%
Sciences 9%
Management 9%
Government 8%

Immigrants

54% of residents were
born outside of Canada.

54% immigrants

Richmond Hill (59%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 14.2% of immigrants.
Iran 7.9%
Hong Kong 4.7%
India 2.2%
Italy 1.5%

14.2% from China
All-time

Birthplace - Recent

China was once home to 4.2% of immigrants.
Iran 3.3%
Hong Kong 0.6%
USA 0.3%
Philippines 0.3%

4.2% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 13%
Cantonese 10%
Persian 9%
Russian 5%
Italian 3%

Religions

Religions

Christian 50%
Muslim 11%
Jewish 4%
Hindu 2%
Buddhist 2%