230 Paradelle Drive, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13745188

$1,190,000
For Sale
Listed 16 days agoNo offer date stated
Request a showing
◎ Directions
4Bedrooms
5Bathrooms
2Garage
2000-2500Sq ft

About this home

In short

  • Welcome To This Luxurious 2-Car Garage Detached Home, Nestled In The Highly Sought-After Oak Ridges Lake Wilcox Community.
  • This NEVER BEEN RENTED Well Loved Home Has A Fully Renovated Basement You Can Actually Use.
  • Paver Stoned Boasting An Elegant Brick and Stone Exterior, This Residence Features A Bright, Modern Open-Concept Layout Highlighted By Extended Soaring Ceilings and...
  • The Chef-Inspired Gourmet Kitchen Offers Premium Stone Countertops, Contemporary Cabinetry, And A Seamless Flow Into The Main-Floor Living Areas, Complete With...
  • Upstairs Features 4 Spacious Bedrooms And 4 Washrooms (2 Are On-Suite), Offering Ample Space For Growing Families.

Welcome To This Luxurious 2-Car Garage Detached Home, Nestled In The Highly Sought-After Oak Ridges Lake Wilcox Community. This NEVER BEEN RENTED Well Loved Home Has A Fully Renovated Basement You Can Actually Use! Paver Stoned Boasting An Elegant Brick and Stone Exterior, This Residence Features A Bright, Modern Open-Concept Layout Highlighted By Extended Soaring Ceilings and High-End Finishes Throughout. The Chef-Inspired Gourmet Kitchen Offers Premium Stone Countertops, Contemporary Cabinetry, And A Seamless Flow Into The Main-Floor Living Areas, Complete With Ground-Level Laundry For Ultimate Convenience. Upstairs Features 4 Spacious Bedrooms And 4 Washrooms (2 Are On-Suite), Offering Ample Space For Growing Families. Situated Just Steps From Beautiful Lake Wilcox Park, Community Centres, Scenic Trails, And Shopping. Commuting Is A Breeze With Quick Access To Hwy 404/400 And The GO Station. This Exceptional Home Delivers The Perfect Blend Of Luxury, Comfort, And Everyday Convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
N13745188
Bedrooms
4
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
28.22 × 113.02 ft
Cross streets
Yonge/Bloomington
Parking
2 garage (detached)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,403 / 2026
Days on market
16
Listing brokerage
HOMECOMFORT REALTY INC.

Rooms

Bedroom 3Second3.26 × 3.02 m
Living RoomMain6.88 × 3.25 m
Bedroom 2Second3.00 × 3.27 m
KitchenMain2.61 × 4.00 m
Primary BedroomSecond5.43 × 3.97 m
Family RoomMain4.60 × 3.98 m
Mud RoomMain2.00 × 3.70 m
BreakfastMain3.52 × 4.89 m
Bedroom 4Second3.32 × 3.01 m
Our TakeTeam Asgarian · Broker
Below what recent sales support
$1.39Mautomated estimate, from recent sales

Listed at $1,190,000, which is about 15% below what comparable homes suggest.

The usual discount does not apply here. Homes listed this far under their comparable sales often close at or above the ask, so no closing range is shown.

List price
$1.19MBelow recent closings$1.46MAbove recent closings

Total price vs nearby homes. Fair value about $1.39M, 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
16days on market so far
$4,135/moest. rent · 55 leases
4.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 8 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 $529/sqft against an area asking average of $578/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 92 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.30M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. 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 92 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 177 closings there.

What sellers nearby are askingCurrently listed nearby in Oak Ridges Lake Wilcox · asking prices
$1.47Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $534/sqft; this home lists at $529/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.19MThis home1.58M1.40M1.58M1.20M1.59MThis 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
$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 · 1.4 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 2 more schools within 2.5 km
Oak Ridges Public School · Public elementary2.1 km · 62% at standard
Our Lady of Hope Catholic Elementary School · Catholic elementary2.4 km · 84% at standard

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

Affordability & Mortgage

Affordability
$5,424/mo
$230KIncome needed
5.2×Price ÷ income
$1,252Weekly cost
$20,275Land 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.

90%mortgage
Mortgage $5,424Property tax $617Total carry $6,041

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%
$
%
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)
$5,211per month

Mortgage amount $952,000 · 4.39% over 25 years

$238,000Down payment (20.0%)
$952,000Loan before insurance
$0CMHC premium
$5,828Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,211
Property tax
$617
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,828

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

One-time closing costs

Ontario land transfer tax
$20,275
Estimated closing costs
$20,275

Plus your down payment of $238,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,313/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

$611,301Total interest paid
$1,563,301Total of all payments
Principal $952,000 Interest $611,301
YearPrincipalInterestBalance
1$21,543$40,989$930,457
2$22,499$40,033$907,959
3$23,497$39,035$884,462
4$24,540$37,992$859,921
5$25,629$36,903$834,292
6$26,767$35,765$807,526
7$27,955$34,577$779,571
8$29,195$33,337$750,376
9$30,491$32,041$719,885
10$31,844$30,688$688,040
11$33,258$29,274$654,783
12$34,734$27,798$620,049
13$36,275$26,257$583,774
14$37,885$24,647$545,889
15$39,567$22,965$506,322
16$41,323$21,209$465,000
17$43,157$19,375$421,843
18$45,072$17,460$376,771
19$47,072$15,460$329,699
20$49,161$13,371$280,538
21$51,343$11,189$229,194
22$53,622$8,910$175,572
23$56,002$6,530$119,570
24$58,487$4,045$61,083
25$61,083$1,449$0

At the end of your 5-year term

Total paid over the term
$312,660
Principal paid down
$117,708
Interest paid
$194,952
Balance remaining
$834,292

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 55 whole-home leases in Oak Ridges Lake Wilcox$4,135/mo
$49,620Gross annual rent
3.0%Cap rate after taxes and upkeep
$3,853 to $4,342Typical 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 55 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $3,990 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,135. 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.

4.2%
Gross yield
− Property tax $7,403− Insurance $1,400− Vacancy & upkeep $5,458Net operating income $35,358

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

CallRequest a showing