52 Wildwood Avenue, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13167592

$2,198,999
For Sale
Listed 119 days agoNo offer date statedSitting longer than typical
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4Bedrooms
6Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • Brand-new custom-built home, located just steps from the peaceful shores of Lake Wilcox.
  • From the moment you enter, you're welcomed by a modern, elegant design and a thoughtfully planned open-concept layout.
  • The home features 10-ft ceilings, sound-insulated fiberglass doors, pot lights, designer fixtures, and engineered hardwood flooring throughout the main and second floors.
  • The family room boasts soaring 20-ft ceilings and a striking floor-to-ceiling porcelain fireplace.
  • The finished basement offers 10-ftceilings, heated floors, a bar, second laundry, storage, and home theatre rough-ins.

Brand-new custom-built home, located just steps from the peaceful shores of Lake Wilcox. From the moment you enter, you're welcomed by a modern, elegant design and a thoughtfully planned open-concept layout. The living and dining areas feature dramatic floor-to-ceiling windows, filling the home with natural light and warmth. Enjoy a private balcony with a BBQ gas line overlooking the landscaped front yard and 6-carinterlock driveway. The home features 10-ft ceilings, sound-insulated fiberglass doors, pot lights, designer fixtures, and engineered hardwood flooring throughout the main and second floors. The kitchen is a true showpiece with premium appliances, a 16-ft quartz island, matching backsplash, servery with wine cooler, and ample cabinetry. The breakfast area opens to a spacious terrace, perfect for outdoor enjoyment. The family room boasts soaring 20-ft ceilings and a striking floor-to-ceiling porcelain fireplace. Upstairs offers a convenient laundry room and a luxurious primary suite with a private balcony, closets with a skylight, and a spa-inspired 5-piece ensuite. Additional bedrooms feature built-ins, large windows, and private bathrooms. The finished basement offers 10-ftceilings, heated floors, a bar, second laundry, storage, and home theatre rough-ins. A fully fenced backyard with a gazebo and exclusive access to a private lake and beach.

Key facts

Property type
Detached, 2-Storey
MLS®
N13167592
Bedrooms
4
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
35 × 148.45 ft
Cross streets
North Lake Rd / Bayview Ave
Parking
2 garage · 8 parking (built-in)
Driveway
Available
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,306 / 2025
Days on market
119
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Bedroom 3Second4.14 × 2.97 m

hardwood floor · double closet · window

Living RoomMain8.81 × 7.19 m

combined w/dining · plaster ceiling · w/o to balcony

Bedroom 2Second4.37 × 2.97 m

hardwood floor · b/i closet · window

Media RoomBasement5.11 × 1.48 m

pot lights · window

Primary BedroomSecond6.60 × 4.04 m

5 pc ensuite · his and hers closets · w/o to balcony

RecreationBasement7.01 × 5.51 m

heated floor · pot lights · wet bar

KitchenMain8.86 × 3.99 m

b/i appliances · centre island · quartz counter

Family RoomMain5.38 × 4.34 m

hardwood floor · window floor to ceiling · floor/ceil fireplace

Bedroom 4Second3.71 × 3.38 m

3 pc ensuite · b/i closet · w/o to balcony

BreakfastMain8.86 × 3.99 m

combined w/kitchen · breakfast bar · w/o to balcony

Dining RoomMain8.81 × 7.19 m

hardwood floor · window floor to ceiling · pot lights

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$2.21Mlikely closing

Listed at $2,198,999 with no offer date. Homes here have been closing close to ask, so my read is $2.21M, typically $2.08M to $2.20M. Comparable closings on their own put this home around $2.10M, which supports the ask, so this is a firm read.

Longer on the market than typical. 119 days on the market against about 27 for homes like it here, and asking 5% 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
$2.08MBelow recent closings$2.20MAbove recent closings

Total price vs nearby homes. Likely closing about $2.21M, from 25 recent closings in this pocket.

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
119days on market so far
$4,964/moest. rent · 56 leases
2.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 10 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 $677/sqft against an area asking average of $770/sqft. Size and $/sqft both feed the estimate above.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.45M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 ($677/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 25 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 177 closings there.

What sellers nearby are askingCurrently listed nearby in Oak Ridges Lake Wilcox · asking prices
$2.64Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $856/sqft; this home lists at $677/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.20MThis home1.58M2.04M1.58M5.35MThis home vs active comparables

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
Rural Richmond Hill
$2.94M
Jefferson
$1.64M
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 · 0.1 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 1 more schools within 2.5 km
Bond Lake Public School · Public elementary1.6 km · 89% at standard

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

Affordability & Mortgage

Affordability
$10,022/mo
$415KIncome needed
5.3×Price ÷ income
$2,313Weekly cost
$41,450Land 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.

91%mortgage
Mortgage $10,022Property tax $942Total carry $10,964

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$9,629per month

Mortgage amount $1,759,199 · 4.39% over 25 years

$439,800Down payment (20.0%)
$1,759,199Loan before insurance
$0CMHC premium
$10,572Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,629
Property tax
$942
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,572

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

One-time closing costs

Ontario land transfer tax
$41,450
Estimated closing costs
$41,450

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$11,666/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

$1,129,622Total interest paid
$2,888,821Total of all payments
Principal $1,759,199 Interest $1,129,622
YearPrincipalInterestBalance
1$39,809$75,744$1,719,391
2$41,575$73,978$1,677,815
3$43,420$72,132$1,634,395
4$45,348$70,205$1,589,047
5$47,360$68,193$1,541,687
6$49,462$66,091$1,492,225
7$51,657$63,896$1,440,568
8$53,950$61,603$1,386,618
9$56,344$59,208$1,330,274
10$58,845$56,708$1,271,429
11$61,457$54,096$1,209,972
12$64,184$51,369$1,145,788
13$67,033$48,520$1,078,755
14$70,008$45,545$1,008,747
15$73,115$42,438$935,632
16$76,360$39,193$859,272
17$79,749$35,804$779,523
18$83,288$32,265$696,235
19$86,985$28,568$609,250
20$90,845$24,708$518,405
21$94,877$20,676$423,528
22$99,088$16,465$324,440
23$103,486$12,067$220,954
24$108,079$7,474$112,875
25$112,875$2,678$0

At the end of your 5-year term

Total paid over the term
$577,764
Principal paid down
$217,512
Interest paid
$360,252
Balance remaining
$1,541,687

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 56 whole-home leases in Oak Ridges Lake Wilcox$4,964/mo
$59,568Gross annual rent
1.8%Cap rate after taxes and upkeep
$4,716 to $5,212Typical 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 56 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,239 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,964. 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.

2.7%
Gross yield
− Property tax $11,306− Insurance $1,400− Vacancy & upkeep $6,552Net operating income $40,310

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

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