$1,399,000 - 315 North Lake Road, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 6 days agoNeighbourhood: Oak Ridges Lake Wilcox
- MLS Number
- N13509432
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- POWER 7 REALTY
Welcome to 315 North Lake Road-an entertainer's dream in one of Richmond Hill's most sought-after communities, just steps from Lake Wilcox and surrounded by the natural beauty of Jefferson Forest. This stunning 2-storey home offers a bright, sun-filled foyer with oversized windows and a modern open-concept layout designed for both everyday living and hosting.The gourmet chef's kitchen features built-in stainless steel appliances, quartz countertops, a stylish backsplash, and undermount lighting, all seamlessly connected to the main living space and sunken living room with a fireplace. Upstairs, the spacious primary bedroom offers a spa-inspired 5-piece ensuite, creating the perfect private retreat.The fully finished recreation room is ideal for entertaining, complete with a home theatre setup, wet bar, gas fireplace, and a 3-piece bath. Thoughtfully updated throughout, this home showcases modern finishes from top to bottom and has been meticulously maintained.Step outside to a beautifully upgraded backyard featuring a full deck transition from a poured stone patio-perfect for summer gatherings and outdoor relaxation.Enjoy an unbeatable lifestyle just a short walk to Lake Wilcox, with access to parks, trails, a community centre, beach volleyball, and swimming in the summer, plus skating and ice fishing in the winter. Explore scenic mountain biking and walking trails throughout Jefferson Forest, all while benefiting from quick access to Gormley GO Station and Highway 404-just a 5-minute drive away. Experience the charm of cottage-style living with all the conveniences of the city nearby.
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/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.
315 North Lake Road, 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 $560/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 5 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.