566 Sunset Beach Road, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13700502
About this home
In short
- Newly reduced by motivated sellers - don't miss out discovering the potential for luxury at 566 Sunset Beach Road, a prime property on the prestigious south side of...
- Currently home to a charming older family residence with Tudor facade, this .75 acre lot offers breathtaking Lake Wilcox views from most rooms and private lake access...
- The existing home, originally a builder's showcase, has been lovingly maintained by the current owners for 27 years.
- In addition to the 4 or 5 bedroom main home, it features a 2 or 3 bedroom suite above the 3-car garage, ideal for extended family or caregiver plus a lower level self...
- Noted as the the property with one of the widest individual lake frontages and with R3/N1 zoning, it presents endless possibilities for future customization and even...
Newly reduced by motivated sellers - don't miss out discovering the potential for luxury at 566 Sunset Beach Road, a prime property on the prestigious south side of Lake Wilcox. This property has the widest lakefront of any single family home on the lake. Currently home to a charming older family residence with Tudor facade, this .75 acre lot offers breathtaking Lake Wilcox views from most rooms and private lake access across the 131 foot owned lake frontage, setting the stage for a future multi-family luxury estate. Nestled in one of Richmond Hills' most desireable neighbourhoods within the GTA, this location provides easy access to land and water sports without the long commute north, perfect for a lifestyle of relaxation and recreation across all four seasons. The existing home, originally a builder's showcase, has been lovingly maintained by the current owners for 27 years. In addition to the 4 or 5 bedroom main home, it features a 2 or 3 bedroom suite above the 3-car garage, ideal for extended family or caregiver plus a lower level self contained 1-bedroom nanny suite with living/dining, kitchen, bed & bath. Additionally, there is a large recreation room with wood-burning fireplace and a walk-out to ground-level swim-spa, gazebo, dry boathouse, firepit and dock. The south side of Lake Wilcox is celebrated for its sandy, shallow access, offering a superior experience compared to the north. Set high above manicured landscaping, this property provides a serene retreat even during nature's most intense storms. Noted as the the property with one of the widest individual lake frontages and with R3/N1 zoning, it presents endless possibilities for future customization and even allowing you to create a contemporary luxury home that reflects your vision. Explore the listing pictures, but for the ultimate experience, schedule a private tour to truly feel the potential of your next home at 566 Sunset Beach Road.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13700502
- Bedrooms
- 6+1 (7 total)
- Bathrooms
- 6 (2 half)
- Size
- 5,000 sq ft
- Lot
- 125.88 × 303.73 ft
- Cross streets
- Stouffville Road / Bayview
- Parking
- 3 garage · 8 parking (built-in)
- Driveway
- Private Triple
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Full, Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- On Ground
- Property tax
- $20,887 / 2025
- Days on market
- 30
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
gas fireplace · w/o to sunroom · overlook water
overlook water · double closet
b/i desk · b/i closet
6 pc ensuite · walk-in closet(s) · w/o to balcony
b/i desk · b/i closet · track lighting
overlook water · double closet
overlook water · tile floor
ceramic floor · custom backsplash · b/i appliances
overlook water · brick fireplace · hardwood floor
overlook water · wainscoting · hardwood floor
walk-in closet(s) · west view
access to garage · circular stairs · tile floor
Stainless Steel Sink
Overlook Water
walk-out · tile floor · closet
overlook water · double closet · w/o to balcony
south view · combined w/dining
overlook water · double closet
stainless steel appl · bow window · breakfast area
circular oak stairs · cathedral ceiling(s) · stair assist
This is a rare parcel: about 0.88 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Oak Ridges Lake Wilcox have sold between $2.22M and $6.00M over the last two years (5 sales).
Considering this property? Request a written price readIts public catchment (Richmond Green SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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 $3.76M, which is where my estimate comes from.
Per square foot, these ask about $833/sqft; this home lists at $776/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Oak Ridges Lake Wilcox, Richmond Hill, ON
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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.
Also nearby: 1 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 $3,103,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,986
- Property tax
- $1,741
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,727
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,450
- Estimated closing costs
- $83,450
Plus your down payment of $775,800. 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
- $1,019,167
- Principal paid down
- $383,688
- Interest paid
- $635,479
- Balance remaining
- $2,719,512
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 18 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $5,097 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,558. 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 RIGHT AT HOME REALTY. MLS®/PropTx.