727 Sunset Beach Road, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13517040

$4,500,000
For Sale
Listed 80 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
5Bathrooms
2Garage · 6 parking
5,000Sq ft

About this home

Magnificent Appx 9,000 Sq Ft Living Space, Ultra Custom Home With The Most Majestic Views Of Lake Wilcox. Soaring 22 Ft Ceilings In Main Floor W/ Wood Paneling Thru Out, Entire House Wrapped In Natural Indiana Limestone, Cedar Roof, Elevator, Open Riser Staircase W/ Wrought Iron Railings, Huge Balcony View Of Lake, Theater Room , Wine Cellar, Bar, Prof Landscaped, Breathtaking View Of Lake ! Motivated Seller.

Key facts

Property type
Detached, 2-Storey
MLS®
N13517040
Bedrooms
3+1 (4 total)
Bathrooms
5 (1 half)
Size
5,000 sq ft
Lot
78 × 146 ft
Cross streets
Bayview / Bayview Park Ln
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$20,325 / 2026
Days on market
80
Listing brokerage
MASTER`S TRUST REALTY INC.

Rooms

Bedroom 3Second5.90 × 4.40 m

4 pc ensuite · walk-in closet(s)

KitchenGround7.30 × 5.50 m

overlook water · family size kitchen · breakfast area

Bedroom 2Second4.70 × 4.10 m

4 pc ensuite · walk-in closet(s)

Living RoomGround11.89 × 9.30 m

vaulted ceiling(s) · panelled · crown moulding

BedroomBasement7.10 × 5.20 m

overlook water · 7 pc ensuite · double closet

Family RoomGround12.19 × 7.32 m

overlook water · b/i bookcase

Game RoomBasement19.00 × 10.00 m

panelled · crown moulding

OfficeGround5.20 × 4.00 m

panelled · crown moulding

Primary BedroomSecond9.00 × 7.40 m

overlook water · 7 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Oak Ridges Lake Wilcox (3,500 sq ft and up) have sold between $1.60M and $6.00M over the last two years (28 sales).

Considering this property? Request a written price read

On schools, this address is zoned for Bond Lake PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

What sellers nearby are askingCurrently listed nearby in Oak Ridges Lake Wilcox · asking prices
$2.73Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.69M, which is where my estimate comes from.

Per square foot, these ask about $641/sqft; this home lists at $900/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
4.50MThis home3.18M2.50M2.49M3.68M1.79MThis 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
$1.94M
Rural Richmond Hill
$2.94M
Jefferson
$1.64M
Devonsleigh
$1.47M
Westbrook
$1.56M

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 Bond Lake PS
89%
Bond Lake PSPublic · Elementary · JK-8 · 1.3 km awayHigher-rated than most nearby · 89% meet the provincial standard
Also nearby: 1 more schools within 2.5 km
Lake Wilcox Public School · Public elementary0.9 km · 69% at standard

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

Affordability & Mortgage

Affordability
$20,510/mo
$836KIncome needed
5.4×Price ÷ income
$4,733Weekly cost
$98,975Land 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 $20,510Property tax $1,694Total carry $22,203

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)
$19,705per month

Mortgage amount $3,600,000 · 4.39% over 25 years

$900,000Down payment (20.0%)
$3,600,000Loan before insurance
$0CMHC premium
$21,399Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19,705
Property tax
$1,694
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21,399

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

One-time closing costs

Ontario land transfer tax
$98,975
Estimated closing costs
$98,975

Plus your down payment of $900,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$23,874/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

$2,311,642Total interest paid
$5,911,642Total of all payments
Principal $3,600,000 Interest $2,311,642
YearPrincipalInterestBalance
1$81,464$155,002$3,518,536
2$85,079$151,387$3,433,457
3$88,855$147,611$3,344,602
4$92,799$143,667$3,251,804
5$96,917$139,549$3,154,887
6$101,219$135,247$3,053,668
7$105,711$130,755$2,947,957
8$110,402$126,063$2,837,555
9$115,302$121,163$2,722,253
10$120,420$116,046$2,601,833
11$125,764$110,702$2,476,069
12$131,346$105,120$2,344,723
13$137,175$99,291$2,207,548
14$143,263$93,203$2,064,285
15$149,621$86,844$1,914,664
16$156,262$80,204$1,758,402
17$163,197$73,269$1,595,205
18$170,440$66,026$1,424,765
19$178,004$58,461$1,246,761
20$185,905$50,561$1,060,856
21$194,155$42,310$866,701
22$202,772$33,693$663,929
23$211,772$24,694$452,157
24$221,171$15,295$230,986
25$230,986$5,479$0

At the end of your 5-year term

Total paid over the term
$1,182,328
Principal paid down
$445,113
Interest paid
$737,215
Balance remaining
$3,154,887

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 10 whole-home leases in Oak Ridges Lake Wilcox$5,811/mo
$69,732Gross annual rent
0.9%Cap rate after taxes and upkeep
$5,155 to $6,276Typical rent range
~29 daysTo find a tenant, on average

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 numbers

The last 10 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,974 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,811. 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.

1.5%
Gross yield
− Property tax $20,325− Insurance $1,400− Vacancy & upkeep $7,671Net operating income $40,336

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

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