22 Queensborough Court, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13621008

$1,588,000
For Sale
Listed 52 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • 2,800 SQFT home plus finished basement.
  • Cathedral Ceiling in living room.
  • Hardwood and ceramic throughout, crown mouldings & pot lights.
  • 4 bedroom plan with 4th bedroom has a walkout (to a partial balcony at the front of the home).
  • 6 yrs ago), new front door , kitchen sliding doors.

Approx. 2,800 SQFT home plus finished basement. Situated on a quiet court steps to conservation. Lake Wilcox & Yonge Street ( Public Transit). Cathedral Ceiling in living room. Hardwood and ceramic throughout, crown mouldings & pot lights. Spacious eat in kitchen with breakfast bar & granite tops. Gas fire place in family room. 4 bedroom plan with 4th bedroom has a walkout (to a partial balcony at the front of the home). 2 cold storage rooms. Improvements roof shingles ( approx. 6 yrs ago), new front door , kitchen sliding doors. Balcony door (Approx. 2 yrs ago), new gas furnace (Approx. 4 yrs ago).

Key facts

Property type
Detached, 2-Storey
MLS®
N13621008
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
55.53 × 135.4 ft
Cross streets
Yonge & King Rd.
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,282 / 2026
Days on market
52
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

BreakfastMain3.20 × 4.88 m

granite floor · eat-in kitchen · w/o to yard

KitchenMain3.69 × 3.34 m

breakfast bar · granite counters

Bedroom 3Second3.72 × 3.28 m

hardwood floor · closet

Primary BedroomSecond6.87 × 4.91 m

4 pc ensuite · walk-in closet(s) · hardwood floor

RecreationBasement10.60 × 11.38 m

Ceramic Floor

Bedroom 2Second3.59 × 3.62 m

hardwood floor · double closet

Family RoomMain3.79 × 5.08 m

hardwood floor · gas fireplace

Bedroom 4Second3.78 × 3.40 m

hardwood floor · closet · walk-out

Dining RoomMain3.69 × 3.95 m

hardwood floor · crown moulding

Living RoomMain3.69 × 3.92 m

hardwood floor · cathedral ceiling(s)

Our TakeTeam Asgarian · Broker
Above what recent sales support
$1.46Mautomated estimate, from recent sales

Listed at $1,588,000. Recent sales of homes like it put this one around $1.46M, so the ask is about 9% above what similar homes have sold for.

If it sells at this ask, expect about $1.60M, typically $1.50M to $1.59M: that is where homes here have closed against their asks in the last 90 days (25 closings).

Longer on the market than typical. 52 days on the market against about 27 for homes like it here, and asking 9% above where comparable closings put it.

List price
$1.37MBelow recent closings$1.59MAbove recent closings

Total price vs nearby homes. Fair value about $1.46M, 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
52days on market so far
$4,488/moest. rent · 45 leases
3.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 16 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 $577/sqft against an area asking average of $643/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 52 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.38M. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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 ($577/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 52 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: 5 more schools within 2.5 km
Bond Lake Public School · Public elementary1.5 km · 89% at standard
Oak Ridges Public School · Public elementary1.5 km · 62% at standard
Our Lady of Hope Catholic Elementary School · Catholic elementary2.2 km · 84% at standard
Kettle Lakes Public School · Public elementary2.4 km · 82% at standard
Windham Ridge Public School · Public elementary2.5 km · 88% at standard

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

Affordability & Mortgage

Affordability
$7,238/mo
$298KIncome needed
5.3×Price ÷ income
$1,670Weekly cost
$28,235Land 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 $7,238Property tax $607Total carry $7,844

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)
$6,954per month

Mortgage amount $1,270,400 · 4.39% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,561Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,954
Property tax
$607
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,561

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

One-time closing costs

Ontario land transfer tax
$28,235
Estimated closing costs
$28,235

Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,425/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

$815,753Total interest paid
$2,086,153Total of all payments
Principal $1,270,400 Interest $815,753
YearPrincipalInterestBalance
1$28,748$54,699$1,241,652
2$30,023$53,423$1,211,629
3$31,356$52,090$1,180,273
4$32,748$50,699$1,147,525
5$34,201$49,245$1,113,324
6$35,719$47,727$1,077,606
7$37,304$46,142$1,040,301
8$38,960$44,486$1,001,342
9$40,689$42,757$960,653
10$42,495$40,951$918,158
11$44,381$39,065$873,777
12$46,350$37,096$827,427
13$48,408$35,039$779,019
14$50,556$32,890$728,463
15$52,800$30,646$675,664
16$55,143$28,303$620,521
17$57,590$25,856$562,930
18$60,146$23,300$502,784
19$62,816$20,630$439,968
20$65,604$17,842$374,364
21$68,515$14,931$305,849
22$71,556$11,890$234,293
23$74,732$8,714$159,561
24$78,049$5,397$81,513
25$81,513$1,934$0

At the end of your 5-year term

Total paid over the term
$417,231
Principal paid down
$157,076
Interest paid
$260,155
Balance remaining
$1,113,324

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 45 whole-home leases in Oak Ridges Lake Wilcox$4,488/mo
$53,856Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,183 to $4,713Typical 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 45 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,258 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,488. 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.

3.4%
Gross yield
− Property tax $7,282− Insurance $1,400− Vacancy & upkeep $5,924Net operating income $39,250

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

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