$1,998,000 - 20 Wellman Drive, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Oak Ridges Lake Wilcox
- MLS Number
- N13624084
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 7
- Bathrooms
- 7
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- SUPERSTARS REALTY LTD.
Welcome To 20 Wellman Dr. **A True Gem Of Luxury And Sophistication**. Spectacular Family Home With UNIQUE Style & Modern Elegance, Designed For Exceptional Family Living In The Highly Sought-After Lake Wilcox Neighborhood Of Oak Ridges.*This 7-Years-Old Masterpiece Boasts 5+2 Bedrooms, 7 Washrooms & 2 Kitchens, Offering Approx. 3,443 Sq. Ft. Of Luxury Living Space (1st/2nd Floor As Per MPAC), Plus A Professionally Finished Basement With A Separate Entrance, Featuring Numerous Upgrades And High-End Finishes.*Step Inside To A Grand 20' Ceiling Foyer, Soaring 10' Ceilings On The Main Floor And 9' Ceilings On The Second Floor, Creating A Bright, Open & Impressive Sense Of Space. The Thoughtfully Designed Open-Concept Layout Is Ideal For A Large Family, Featuring 5+2 Spacious Bedrooms, Elegant Living And Dining Areas, And An Inviting Family Room With Fireplace. The Stunning Chef's European-Style Kitchen Is A True Showpiece, Featuring Custom Cabinetry, Granite Countertops, S/S Appliances, A Centre Island, Spacious Pantry & A Generous Breakfast Area With Walk-Out To The Serene Fully Interlocked Backyard, Seamlessly Blending Indoor And Outdoor Living.*The Primary Suite Is A True Retreat, Boasting A Vaulted Ceiling, Lavish Ensuite & Two Spacious Walk-In Closets.All Bedrooms Are Bright & Well-Appointed, Ensuring Comfort & Elegance.*Separate Entrance Basement Accessible Via 2 Staircases, Featuring A Kitchen With S/S Appliances, 2 Spacious Bedrooms, And 2 Washrooms & Laundry Offering Excellent Potential For An In-Law Suite, Multi-Generational Living, Or A Great Opportunity For Additional Rental Income.*The Backyard Is Beautifully Landscaped W/Interlock Paving, Creating A Stylish, Low-Maintenance Outdoor Oasis Ideal For Relaxation & Entertaining. Conveniently Located near Top Randed Schools, Highway 404, Lake Wilcox Trails, Community Centre & Parks**This Stunning, Move-In-Ready Home Offers The Perfect Blend Of Luxury, Comfort & Investment Potential. *A Must See Home*
Estimate your monthly payments for this property
Estimated Payment
$8,837.83/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.
20 Wellman Drive, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $666/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 23 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 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 7 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.