$1,528,888 - 106 Wood Rim Drive, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Oak Ridges Lake Wilcox
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- MLS Number
- N13776780
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $6,803
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Ravine! Ravine! Ravine! Premium Lot With Unobstructed Ravine Views And Direct Access To Nature And Scenic Trails In Sought-After Oak Ridges / Lake Wilcox! This Beautiful 4-Bedroom Detached Home Offers Over 2,500 Sq Ft Above Grade And A Rare Cottage-Like Setting. Spacious Layout With 9-Ft Main-Floor Ceilings And Pot Lights. Bright Kitchen Features Breakfast Area, Freshly Painted Cabinet Doors (2026), New Dishwasher (2026) And Walk-Out To Professionally Landscaped Backyard Overlooking The Ravine. Backyard Interlock Professionally Power-Washed And Re-Sanded (2026). Upstairs Offers Generously Sized, Sun-Filled Bedrooms. Primary Suite Features Large Closets With Organizers And Renovated Ensuite. Both Second-Floor Bathrooms Renovated (2026). Extensive 2026 Improvements Include All New Windows Throughout, Nearly $50K Investment, Attic Insulation Top-Up, New Main-Floor Laundry, Electric Vehicle Charger, Basement Fridge And Freshly Painted Exterior Window Trim. Shingles Replaced (2020). 200-Amp Electrical Panel. Finished Basement With Separate Entrance Features Full Kitchen, Bedroom, Full Bathroom, Large Rec Room, Separate Laundry And New Fridge (2026), Offering Excellent In-Law Or Income Potential. Professionally Landscaped Front And Side Yards With Stone Interlock. Steps To Lake Wilcox, Parks, Scenic Trails And Community Centre. Close To Highly Rated Schools Including Richmond Green Secondary School And Cardinal Carter Catholic High School, An IB World School Offering The International Baccalaureate Program. A Must-See!
Estimate your monthly payments for this property
Estimated Payment
$6,762.79/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Oak Ridges Lake Wilcox
Oak Ridges Lake Wilcox is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Oak Ridges Lake Wilcox
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Oak Ridges Lake Wilcox offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
106 Wood Rim Drive, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $612/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Oak Ridges Lake Wilcox
I know Oak Ridges Lake Wilcox well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.