$1,299,888 - 45 Colonial Crescent, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed todayNeighbourhood: Oak Ridges Lake Wilcox
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- MLS Number
- N14109620
- Property Type
- Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2025)
- $5,579
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 45 Colonial Crescent, a recently renovated luxury home in Richmond Hill's desirable Oak Ridges-Lake Wilcox community! This move-in-ready residence blends sophisticated design, premium finishes and smart-home convenience. Featuring 9-foot ceilings, upgraded hardwood flooring and baseboards, beautifully renovated stairs, fresh paint, designer chandeliers, pot lights and elegant LED lighting throughout. The spectacular chef-inspired kitchen showcases custom two-tone, ceiling-height cabinetry, a magnificent 10-foot island with waterfall quartz countertops, matching backsplash, pantry, servery, pot filler and premium built-in Bosch appliances, including a refrigerator, gas cooktop, dishwasher, double ovens, microwave and luxurious coffee maker. The inviting family room features a striking three-sided gas fireplace, custom feature wall and ambient lighting, perfect for relaxing or entertaining. Smart-home upgrades include Lutron Caséta switches, Alexa-compatible lighting, a Google Nest thermostat, connected appliances and a smart-lock front entrance. Beautifully renovated bathrooms offer custom vanities and contemporary finishes, while the luxurious primary ensuite boasts a freestanding bathtub, frameless glass shower and smart toilet. Enjoy a beautifully updated primary bedroom, private second-floor balcony and renovated laundry room with quartz countertops, custom cabinetry and premium LG washer and dryer. Additional upgrades include new tile flooring, sleek black interior door hardware and a tankless water heater. The fully finished one-bedroom basement apartment with a separate entrance offers flexible space for an in-law suite, guests or multigenerational living. Ideally situated within walking distance of parks, scenic trails and Lake Wilcox, and close to Oak Ridges Community Centre & Pool, schools, shopping, restaurants and amenities. A remarkable opportunity to enjoy luxury, comfort and modern living in an exceptional neighbourhood!
Estimate your monthly payments for this property
Estimated Payment
$5,749.84/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.
45 Colonial Crescent, 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
Fair Market Value
At $867/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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.