54 Thornapple Lane, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13716628
About this home
In short
- Elegant and beautifully appointed, this impressive 4-bedroom, 4-bathroom residence offers approximately 3,000 sq. ft. of sophisticated living space in the prestigious...
- Featuring soaring 10-ft ceilings on the main floor and 9-ft ceilings on the second, this modern home is only about 6 years new.
- Thoughtfully finished with smooth ceilings, crown moulding, a cozy fireplace, and hardwood flooring throughout.
- The luxurious primary suite features a spacious ensuite and walk-in closet, while two additional bedrooms share a convenient semi-ensuite, and the fourth bedroom...
Elegant and beautifully appointed, this impressive 4-bedroom, 4-bathroom residence offers approximately 3,000 sq. ft. of sophisticated living space in the prestigious Oak Ridges community. Featuring soaring 10-ft ceilings on the main floor and 9-ft ceilings on the second, this modern home is only about 6 years new. The spacious eat-in kitchen showcases a large centre island, granite countertops, contemporary cabinetry, and stainless steel appliances. Thoughtfully finished with smooth ceilings, crown moulding, a cozy fireplace, and hardwood flooring throughout. The luxurious primary suite features a spacious ensuite and walk-in closet, while two additional bedrooms share a convenient semi-ensuite, and the fourth bedroom enjoys its own ensuite. Second-floor laundry adds everyday convenience. Loaded with quality upgrades! Nestled in the scenic Oak Ridges community, surrounded by beautiful natural landscapes and just minutes from Bond Lake, Lake Wilcox Park, trails, top-rated Richmond Hill High School, shopping, recreation, and everyday amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13716628
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 38.09 × 101.19 ft
- Cross streets
- Yonge St & Bloomington Rd
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $7,989 / 2025
- Days on market
- 25
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
semi ensuite · large window
granite floor · w/o to yard
5 pc ensuite · walk-in closet(s) · large window
hardwood floor · combined w/dining
semi ensuite · large window
granite floor · open concept · stainless steel appl
4 pc ensuite · large window
hardwood floor · combined w/living
Listed at $1,299,900, which is about 17% below what comparable homes suggest.
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 below their automated estimate sold at about 100% of the original ask, in a median 19 days (715 sales).
Total price vs nearby homes. Fair value about $1.57M, learned from recent GTA sales.
The market behind the math:
About 2 months of inventory: 17 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 $400/sqft against an area asking average of $638/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 89 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.41M. 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.
- 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
- 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.
Based on 89 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 177 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $503/sqft; this home lists at $400/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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.
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
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 $1,039,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,692
- Property tax
- $666
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,358
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,473
- Estimated closing costs
- $22,473
Plus your down payment of $259,980. 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
- $341,535
- Principal paid down
- $128,578
- Interest paid
- $212,957
- Balance remaining
- $911,342
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 51 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,109 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,748. 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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.