$3,000,000Asking Price
Situated on an expansive 0.377-acre lot, this property offers exceptional value and future potential in a highly desirable location just steps from Yonge Street. Enjoy unmatched convenience with only a 1-minute walk to Yonge Street and a 5-minute drive to Highway 404, providing seamless connectivity throughout the GTA.Within walking distance to the scenic Lake Wilcox, community centre, and a variety of supermarkets and daily amenities, the property supports a vibrant and convenient lifestyle.The existing home is well-maintained and features a total of 5 generously sized bedrooms across upper and lower levels. It presents flexible use options: ideal for a multi-generational family seeking both privacy and shared living, or as rental accommodation for construction crews, farm workers, or business staff. The large outdoor space also offers excellent potential for storage and operational use for contractors or building supply companies.From a development perspective, the possibilities are truly outstanding. Potential options include severing into two premium lots for luxury detached homes (over 4,000 sq ft each), or exploring townhouse, mid-rise residential, or senior housing developments (subject to approvals).A rare and versatile offering for investors, builders, and end-users alike-secure a prime parcel with strong current usability and exceptional future upside.
Situated on an expansive 0.377-acre lot, this property offers exceptional value and future potential in a highly desirable location just steps from Yonge Street. Enjoy unmatched convenience with only a 1-minute walk to Yonge Street and a 5-minute drive to Highway 404, providing seamless connectivity throughout the GTA.Within walking distance to the scenic Lake Wilcox, community centre, and a variety of supermarkets and daily amenities, the property supports a vibrant and convenient lifestyle.The existing home is well-maintained and features a total of 5 generously sized bedrooms across upper and lower levels. It presents flexible use options: ideal for a multi-generational family seeking both privacy and shared living, or as rental accommodation for construction crews, farm workers, or business staff. The large outdoor space also offers excellent potential for storage and operational use for contractors or building supply companies.From a development perspective, the possibilities are truly outstanding. Potential options include severing into two premium lots for luxury detached homes (over 4,000 sq ft each), or exploring townhouse, mid-rise residential, or senior housing developments (subject to approvals).A rare and versatile offering for investors, builders, and end-users alike-secure a prime parcel with strong current usability and exceptional future upside.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 11.35' x 11.15' | Laminate, Window, Stainless Steel Appliances |
| 2 | Den | Main | 12.40' x 10.10' | Hardwood Floor, Window |
| 3 | Office | Lower | 14.50' x 13.09' | Ceramic Floor, Gas Fireplace |
| 4 | Kitchen | Lower | 9.28' x 5.31' | Ceramic Floor, Above Grade Window |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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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.
Kids Per Family
1.4
kids per family
in the neighbourhood.
35%
of residents are
single and loving it.
35% singles
Richmond Hill (39%)
13%
of residents
are renters.
13% renters
Richmond Hill (19%)
50%
of residents are
university grads.
50% university grads
Richmond Hill (54%)Average Household Income
$160K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 13% |
| Sciences | 9% |
| Management | 9% |
| Government | 8% |
54%
of residents were
born outside of Canada.
54% immigrants
Richmond Hill (59%)14.2% from China
All-time
4.2% from China
Recent
Foreign Languages
| Mandarin | 13% |
| Cantonese | 10% |
| Persian | 9% |
| Russian | 5% |
| Italian | 3% |
Religions
| Christian | 50% |
| Muslim | 11% |
| Jewish | 4% |
| Hindu | 2% |
| Buddhist | 2% |