$1,498,000 - 36 FERGUS Avenue, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 5 days agoNeighbourhood: Oak Ridges Lake Wilcox
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- MLS Number
- N13857618
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $4,462
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Rare Opportunity In The Highly Sought-After Lake Wilcox Community! This Impressive 50 X 150 Ft Property Has Been Severed Into Two 25 X 150 Ft Lots, Offering The Potential To Build Approximately 2,300 Sq. Ft. On Each Lot. An Exceptional Opportunity For Builders, Investors Or Buyers Looking To Create Two Custom Homes In One Of Richmond Hill's Most Desirable Communities.Welcome To 36 Fergus Avenue, A Charming Detached Bungalow Situated On A Quiet, Family-Friendly Street Just Minutes From Beautiful Lake Wilcox. The Existing Home Features 2 Bedrooms And 2 Bathrooms With A Bright And Functional Layout, Spacious Living Area, Combined Kitchen And Dining Space, And A Walkout To A Large Private Backyard Surrounded By Mature Trees.Enjoy An Outstanding Family-Oriented Lifestyle With The Impressive Oak Ridges Community Centre Nearby, Offering Excellent Recreational Facilities And Programs. Only Minutes To Yonge Street For Shopping, Restaurants, Transit And Everyday Conveniences. Lake Wilcox Park Is Also Just Minutes Away, Featuring Tennis And Basketball Courts, Walking Trails By The Lake, Playground Areas And Plenty Of Fun Activities For The Entire Family.A Truly Unique Combination Of Development Potential, Location And Lifestyle In The Heart Of The Lake Wilcox Community!
Estimate your monthly payments for this property
Estimated Payment
$6,626.16/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.
36 FERGUS Avenue, 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
Premium Pricing
At $1362/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.