12 Sachet Drive, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13210106
About this home
In short
- Luxury Living In The Prestigious Fontainbleu Estates On A Premium Fully-Fenced Lot & Fengshui Certified.
- Offering approx 4,900 sqft of total living space, this 2-storey home showcases hardwood floors, crown moulding & LED pot lights throughout the home.
- Step inside to a bright living area framed by soaring windows overlooking the frontyard, while the elegant dining area features tray ceilings, a stunning chandelier &...
- The spacious primary retreat features a 5pc ensuite w/ soaker tub, glass shower, double vanity & his & hers closets.
- Professionally finished walkout basement featuring custom millwork throughout, built-in AV system w/ sound, speakers & projector, open-concept entertainment layout...
Luxury Living In The Prestigious Fontainbleu Estates On A Premium Fully-Fenced Lot & Fengshui Certified! Offering approx 4,900 sqft of total living space, this 2-storey home showcases hardwood floors, crown moulding & LED pot lights throughout the home. Step inside to a bright living area framed by soaring windows overlooking the frontyard, while the elegant dining area features tray ceilings, a stunning chandelier & large window. The cozy family room is anchored by a fireplace creating the perfect space for everyday living. The kitchen is equipped w/ stainless steel appliances including fridge, stove, hood fan, dishwasher, combined w/ a centre island w/ breakfast bar & a servery area w/ additional cabinetry ideal for a coffee station. Surrounded by large windows, the breakfast area overlooks the backyard & offers a walkout to the deck. A main floor study w/ French doors provides a private home office space. The hardwood staircase w/ iron railings leads to an open upper hallway overlooking the main floor. The spacious primary retreat features a 5pc ensuite w/ soaker tub, glass shower, double vanity & his & hers closets. Three additional bedrooms each offer their own ensuite bathroom & closet space. The upper level laundry room adds everyday convenience w/ full-sized washer & dryer, sink & built-in cabinetry. Professionally finished walkout basement featuring custom millwork throughout, built-in AV system w/ sound, speakers & projector, open-concept entertainment layout, custom office cabinetry, spa-inspired bath, wet bar w/ bar fridge, dishwasher & wine rack, separate exercise room w/ designer mirror wall & storage. Walk out to the backyard complete w/ patio space & swing set play area. The 2-car garage w/ a garage door opener & double-car driveway provide ample parking. Located in one of the most sought-after communities surrounded by luxury homes, top-rated schools, parks, golf courses & convenient access to major highways and amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13210106
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 44.32 × 138.71 ft
- Cross streets
- Bloomington Rd / Bayview Ave
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,274 / 2025
- Days on market
- 115
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
pot lights · wet bar · w/o to yard
hardwood floor · 5 pc ensuite · his and hers closets
hardwood floor · fireplace · pot lights
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · picture window · overlooks frontyard
pot lights · b/i shelves · open concept
hardwood floor · 5 pc ensuite · closet
crown moulding · large window · w/o to deck
pot lights · mirrored walls · double closet
stainless steel appl · centre island · pot lights
hardwood floor · crown moulding · french doors
hardwood floor · coffered ceiling(s) · pot lights
hardwood floor · 5 pc ensuite · closet
Listed at $2,500,000. Recent sales of homes like it put this one around $1.96M, so the ask is about 27% above what similar homes have sold for.
If it sells at this ask, expect about $2.52M, typically $2.37M to $2.50M: that is where homes here have closed against their asks in the last 90 days (25 closings).
The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).
Longer on the market than typical. 115 days on the market against about 27 for homes like it here, and asking 27% 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.
Total price vs nearby homes. Fair value about $1.96M, learned from recent GTA sales.
The market behind the math:
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.
Price per square foot: this home lists at $588/sqft against an area asking average of $695/sqft. Size and $/sqft both feed the estimate above.
- Walk-out 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 23 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.79M. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- 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 ($588/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 23 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 177 closings there.
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 $655/sqft; this home lists at $588/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Oak Ridges Lake Wilcox, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $2,000,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,947
- Property tax
- $856
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,804
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,975
- Estimated closing costs
- $48,975
Plus your down payment of $500,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $656,849
- Principal paid down
- $247,285
- Interest paid
- $409,564
- Balance remaining
- $1,752,715
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.
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
The suite is real income here: basements rent in Oak Ridges Lake Wilcox (20 of 145 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 16 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $5,393 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,674. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.