54 Thornapple Lane, Richmond Hill

Price: $1,299,900

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13716628

Elegant and beautifully appointed, this impressive 4-bedroom, 4-bathroom residence offers approximately 3,000 sq. ft. of sophisticated living space in the prestigious Oak Ridges community. Featuring soaring 10-ft ceilings on the main floor and 9-ft ceilings on the second, this modern home is only about 6 years new. The spacious eat-in kitchen showcases a large centre island, granite countertops, contemporary cabinetry, and stainless steel appliances. Thoughtfully finished with smooth ceilings, crown moulding, a cozy fireplace, and hardwood flooring throughout. The luxurious primary suite features a spacious ensuite and walk-in closet, while two additional bedrooms share a convenient semi-ensuite, and the fourth bedroom enjoys its own ensuite. Second-floor laundry adds everyday convenience. Loaded with quality upgrades! Nestled in the scenic Oak Ridges community, surrounded by beautiful natural landscapes and just minutes from Bond Lake, Lake Wilcox Park, trails, top-rated Richmond Hill High School, shopping, recreation, and everyday amenities.

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active

$1,299,900 - 54 Thornapple Lane, Richmond Hill

Detached for Sale in Richmond Hill

42 days on market

Neighbourhood: Oak Ridges Lake Wilcox

4Beds
4Baths
3,000 - 3,499Sq Ft
Detached

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Property Details
MLS Number
N13716628
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$7,989
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Elegant and beautifully appointed, this impressive 4-bedroom, 4-bathroom residence offers approximately 3,000 sq. ft. of sophisticated living space in the prestigious Oak Ridges community. Featuring soaring 10-ft ceilings on the main floor and 9-ft ceilings on the second, this modern home is only about 6 years new. The spacious eat-in kitchen showcases a large centre island, granite countertops, contemporary cabinetry, and stainless steel appliances. Thoughtfully finished with smooth ceilings, crown moulding, a cozy fireplace, and hardwood flooring throughout. The luxurious primary suite features a spacious ensuite and walk-in closet, while two additional bedrooms share a convenient semi-ensuite, and the fourth bedroom enjoys its own ensuite. Second-floor laundry adds everyday convenience. Loaded with quality upgrades! Nestled in the scenic Oak Ridges community, surrounded by beautiful natural landscapes and just minutes from Bond Lake, Lake Wilcox Park, trails, top-rated Richmond Hill High School, shopping, recreation, and everyday amenities.

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Estimated Payment

$5,749.90/mo

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5-yr fixed avg.

Principal: $1,039,920Interest: $685,049
Mortgage Amount$1,039,920
Total Interest$685,049
Est. Property Tax$921/mo
Total Cost$1,724,969

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.

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Neighbourhood Guide: Oak Ridges Lake Wilcox

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

54 Thornapple Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$2,608

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $433/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 42 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

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.

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    54 Thornapple Lane, Richmond Hill | $1,299,900 | Battaglia Team