46 Fergus Avenue, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13703458
About this home
In short
- Attention Builders, Investors & End Users.
- Featuring a rear extension/addition, spacious kitchen, large eat-in dining area and walkout to a private backyard.
- Excellent opportunity to live in, renovate, invest, or explore the potential to build a new custom home of approximately 3,600 sq.ft. plus basement, subject to...
- Just a short walk to beautiful Lake Wilcox, parks and trails, with convenient access to Bayview Ave, Hwy 404, schools and amenities.
- Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building potential, lot coverage and development possibilities.
Attention Builders, Investors & End Users! Exceptional opportunity in the highly sought-after Lake Wilcox community of Oak Ridges! Situated on a private, mature lot approximately 150 ft. deep, this charming and bright detached bungalow is tucked away on a quiet cul-de-sac and surrounded by impressive newer custom homes. Featuring a rear extension/addition, spacious kitchen, large eat-in dining area and walkout to a private backyard. Excellent opportunity to live in, renovate, invest, or explore the potential to build a new custom home of approximately 3,600 sq.ft. plus basement, subject to municipal approvals and applicable zoning requirements. Just a short walk to beautiful Lake Wilcox, parks and trails, with convenient access to Bayview Ave, Hwy 404, schools and amenities. With significant redevelopment taking place throughout the neighbourhood, this is a rare opportunity to secure a deep lot in one of Richmond Hill's most desirable communities. Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building potential, lot coverage and development possibilities.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13703458
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 30 × 150 ft
- Cross streets
- Bayview & North Lake
- Parking
- 4 parking
- Basement
- None
- Heating
- Baseboard
- A/C
- None
- Exterior
- Aluminum Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,715 / 2025
- Days on market
- 54
- Listing brokerage
- CENTURY 21 PERCY FULTON LTD.
Listed at $948,000. Going by how homes in Oak Ridges Lake Wilcox and the wider GTA have actually closed against their asking prices (about 99%, 16 local closings in 90 days), the likely sale price is near $940K, if it sells. A realistic range is $881K to $1.06M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes about 3,600 sq ft, while the size on record is 700 to 1100 sq ft.
Longer on the market than typical. 54 days on the market against about 28 for homes like it here, and asking 53% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $940K, from 16 recent closings in this pocket.
The market behind the math:
About 10.1 months of inventory: 54 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,053/sqft against an area asking average of $852/sqft.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $701K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal
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.
There were not many closely comparable homes right in Oak Ridges Lake Wilcox, so I widened the search to the surrounding area.
Based on 16 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 173 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $802K, which is where my estimate comes from.
Per square foot, these ask about $897/sqft; this home lists at $1,053/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Oak Ridges Lake Wilcox: $1.19M in August 2026, down 26% from a year ago, on 94 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 7 |
| November 2025 | $1.93M | 8 |
| December 2025 | $1.48M | 5 |
| January 2026 | $1.59M | 12 |
| February 2026 | $1.36M | 5 |
| March 2026 | $1.27M | 9 |
| May 2026 | $1.28M | 14 |
| June 2026 | $1.38M | 17 |
| July 2026 | $1.22M | 11 |
| August 2026 | $1.19M | 6 |
Neighbourhood & 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) →
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $758,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,193
- Property tax
- $310
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,503
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,435
- Estimated closing costs
- $15,435
Plus your down payment of $189,600. 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
- $251,599
- Principal paid down
- $92,662
- Interest paid
- $158,937
- Balance remaining
- $665,738
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
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 6 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $2,663 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,224. 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 CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.