21 Marylebone Crescent, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N12894872

$1,488,000
For Sale
Listed 186 days agoNo offer date statedSitting longer than typical
4Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • LOCATION, LOCATION, LOCATION.
  • Easy access to the 400 series highways, it maintains a distinct identity with a mix of housing, schools and growing retail options along Yonge Street, which is about...
  • 21 Marylebone Crescent has attractive curb appeal with its manicured property situated in a serene pocket of beautifully spaced out homes with no sidewalks and...
  • The interlocked driveway can accommodate four automobiles, in addition to two in the garage, for a total of six vehicles.
  • The 63.92' x 133.52' can easily accommodate an inground pool and is an entertainers' delight having easy access to the kitchen, which overlooks the entire back yard.

LOCATION, LOCATION, LOCATION!!! This conveniently situated well maintained home is now available, located in the heart of prestigious Oak Ridges' Lake Wilcox Community of Richmond Hill ON. Suitable for commuters as it has convenient access to Toronto, Vaughan, Markham, Aurora and Newmarket. Good access to public transit as well, including York Region Transit (YRT), VIVA bus services and the GO Train - great access to Toronto's downtown. Living in Oak Ridges offers a desirable suburban lifestyle characterized by natural beauty, strong family-friendly community and excellent access to parks with lakes, such as Lake Wilcox and the natural beauty of Bond Lake and George Lake with the Oak Ridges Community Centre nearby. Easy access to the 400 series highways, it maintains a distinct identity with a mix of housing, schools and growing retail options along Yonge Street, which is about a 7 minute walk. 21 Marylebone Crescent has attractive curb appeal with its manicured property situated in a serene pocket of beautifully spaced out homes with no sidewalks and well-maintained, mature trees lining the streets. It can almost be considered a cul-de-sac as all the streets in this pocket are dead-ended: minimal traffic. The interlocked driveway can accommodate four automobiles, in addition to two in the garage, for a total of six vehicles. The 63.92' x 133.52' can easily accommodate an inground pool and is an entertainers' delight having easy access to the kitchen, which overlooks the entire back yard. The side door is a desired convenience as it walks into the laundry room. The family room is conveniently situated off the kitchen and can easily be converted to a 5th bedroom for a nanny or an in-law suite, if required. The basement is unfinished, which is an open canvas to the next homeowner and is currently used as storage. The possibilities are endless with this property, which is a fantabulous opportunity for its next owner.

Key facts

Property type
Detached, 2-Storey
MLS®
N12894872
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
63.92 × 133.52 ft
Cross streets
Ashfield Dr. & Bayswater Ave.
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,950 / 2025
Days on market
186
Listing brokerage
INTERCITY REALTY INC.

Rooms

Primary BedroomSecond3.62 × 6.02 m

window · ensuite bath · walk-in closet(s)

Dining RoomMain3.52 × 5.26 m

window · broadloom · crown moulding

BathroomMain1.25 × 1.53 m

2 pc bath · ceramic floor

Bedroom 3Second3.80 × 3.33 m

window · broadloom · double closet

Family RoomMain3.56 × 5.46 m

window · fireplace · broadloom

LaundryMain2.15 × 2.65 m

side door · closet · laundry sink

BreakfastMain3.58 × 3.03 m

w/o to deck · ceramic floor · window

KitchenMain3.58 × 3.14 m

overlooks backyard · ceramic floor · ceramic backsplash

BathroomSecond3.55 × 4.48 m

window · ceramic floor · 5 pc ensuite

Bedroom 2Second3.35 × 4.05 m

window · broadloom · double closet

Living RoomMain3.52 × 5.28 m

window · broadloom · crown moulding

FoyerMain2.85 × 2.25 m

closet · ceramic floor · double doors

Our TakeTeam Asgarian · Broker
Above what recent sales support
$1.37Mautomated estimate, from recent sales

Listed at $1,488,000. Recent sales of homes like it put this one around $1.37M, so the ask is about 9% above what similar homes have sold for.

If it sells at this ask, expect about $1.50M, typically $1.41M to $1.49M: that is where homes here have closed against their asks in the last 90 days (25 closings).

Longer on the market than typical. 186 days on the market against about 27 for homes like it here, and asking 9% above where comparable closings put it.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$1.28MBelow recent closings$1.49MAbove recent closings

Total price vs nearby homes. Fair value about $1.37M, learned from recent GTA sales.

The market behind the math:

25sold nearby · 90 days
$1.22Mmedian sold price
101%of asking, on average
−18%prices vs a year ago
~21 dayshomes like this take to sell
186days on market so far
$4,381/moest. rent · 58 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 12 detached homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $541/sqft against an area asking average of $668/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 90 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.28M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Richmond Green SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($541/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 90 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 177 closings there.

Neighbourhood & location

Oak Ridges Lake Wilcox, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Oak Ridges
$2.05M
Jefferson
$1.64M
Rural Richmond Hill
$2.94M
Devonsleigh
$1.47M
Westbrook
$1.57M

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Lake Wilcox PS
69%
Lake Wilcox PSPublic · Elementary · JK-8 · 1.1 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 4 more schools within 2.5 km
Oak Ridges Public School · Public elementary1.5 km · 62% at standard
Bond Lake Public School · Public elementary1.6 km · 89% at standard
Our Lady of Hope Catholic Elementary School · Catholic elementary2.1 km · 84% at standard
Kettle Lakes Public School · Public elementary2.5 km · 82% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,782/mo
$280KIncome needed
5.3×Price ÷ income
$1,565Weekly cost
$26,235Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $6,782Property tax $579Total carry $7,361

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,516per month

Mortgage amount $1,190,400 · 4.39% over 25 years

$297,600Down payment (20.0%)
$1,190,400Loan before insurance
$0CMHC premium
$7,095Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,516
Property tax
$579
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,095

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$26,235
Estimated closing costs
$26,235

Plus your down payment of $297,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,894/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$764,383Total interest paid
$1,954,783Total of all payments
Principal $1,190,400 Interest $764,383
YearPrincipalInterestBalance
1$26,937$51,254$1,163,463
2$28,133$50,059$1,135,330
3$29,381$48,810$1,105,949
4$30,685$47,506$1,075,263
5$32,047$46,144$1,043,216
6$33,470$44,722$1,009,746
7$34,955$43,236$974,791
8$36,506$41,685$938,285
9$38,127$40,065$900,158
10$39,819$38,373$860,339
11$41,586$36,605$818,754
12$43,432$34,760$775,322
13$45,359$32,832$729,963
14$47,372$30,819$682,590
15$49,475$28,717$633,116
16$51,671$26,521$581,445
17$53,964$24,228$527,481
18$56,359$21,832$471,122
19$58,860$19,331$412,262
20$61,472$16,719$350,790
21$64,201$13,991$286,589
22$67,050$11,141$219,539
23$70,026$8,165$149,513
24$73,134$5,058$76,380
25$76,380$1,812$0

At the end of your 5-year term

Total paid over the term
$390,957
Principal paid down
$147,184
Interest paid
$243,772
Balance remaining
$1,043,216

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 58 whole-home leases in Oak Ridges Lake Wilcox$4,381/mo
$52,572Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,083 to $4,611Typical rent range
~29 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 58 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,238 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,381. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.5%
Gross yield
− Property tax $6,950− Insurance $1,400− Vacancy & upkeep $5,783Net operating income $38,439

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of INTERCITY REALTY INC.. MLS®/PropTx.

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