20 Wellman Drive, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13757012
About this home
In short
- Welcome To 20 Wellman Dr. A True Gem Of Luxury And Sophistication.
- Of Luxury Living Space (1st/2nd Floor As Per MPAC), Plus A Professionally Finished Basement With A Separate Entrance, Featuring Numerous Upgrades And High-End...
- The Thoughtfully Designed Open-Concept Layout Is Ideal For A Large Family, Featuring 5+2 Spacious Bedrooms, Elegant Living And Dining Areas, And An Inviting Family...
- The Stunning Chef's European-Style Kitchen Is A True Showpiece, Featuring Custom Cabinetry, Granite Countertops, S/S Appliances, A Centre Island, Spacious Pantry & A...
- All Bedrooms Are Bright & Well-Appointed, Ensuring Comfort & Elegance.Separate Entrance Basement Accessible Via 2 Staircases, Featuring A Kitchen With S/S Appliances...
Welcome To 20 Wellman Dr. **A True Gem Of Luxury And Sophistication**. Spectacular Family Home With UNIQUE Style & Modern Elegance, Designed For Exceptional Family Living In The Highly Sought-After Lake Wilcox Neighborhood Of Oak Ridges.*This 7-Years-Old Masterpiece Boasts 5+2 Bedrooms, 7 Washrooms & 2 Kitchens, Offering Approx. 3,443 Sq. Ft. Of Luxury Living Space (1st/2nd Floor As Per MPAC), Plus A Professionally Finished Basement With A Separate Entrance, Featuring Numerous Upgrades And High-End Finishes.*Step Inside To A Grand 20' Ceiling Foyer, Soaring 10' Ceilings On The Main Floor And 9' Ceilings On The Second Floor, Creating A Bright, Open & Impressive Sense Of Space. The Thoughtfully Designed Open-Concept Layout Is Ideal For A Large Family, Featuring 5+2 Spacious Bedrooms, Elegant Living And Dining Areas, And An Inviting Family Room With Fireplace. The Stunning Chef's European-Style Kitchen Is A True Showpiece, Featuring Custom Cabinetry, Granite Countertops, S/S Appliances, A Centre Island, Spacious Pantry & A Generous Breakfast Area With Walk-Out To The Serene Fully Interlocked Backyard, Seamlessly Blending Indoor And Outdoor Living.*The Primary Suite Is A True Retreat, Boasting A Vaulted Ceiling, Lavish Ensuite & Two Spacious Walk-In Closets.All Bedrooms Are Bright & Well-Appointed, Ensuring Comfort & Elegance.*Separate Entrance Basement Accessible Via 2 Staircases, Featuring A Kitchen With S/S Appliances, 2 Spacious Bedrooms, And 2 Washrooms & Laundry Offering Excellent Potential For An In-Law Suite, Multi-Generational Living, Or A Great Opportunity For Additional Rental Income.*The Backyard Is Beautifully Landscaped W/Interlock Paving, Creating A Stylish, Low-Maintenance Outdoor Oasis Ideal For Relaxation & Entertaining. Conveniently Located near Top Randed Schools, Highway 404, Lake Wilcox Trails, Community Centre & Parks**This Stunning, Move-In-Ready Home Offers The Perfect Blend Of Luxury, Comfort & Investment Potential. *A Must See Home*
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13757012
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 7 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 40.06 × 100.15 ft
- Cross streets
- Bayview Ave/Bloomington Rd
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,448 / 2026
- Days on market
- 12
- Listing brokerage
- SUPERSTARS REALTY LTD.
Rooms
hardwood floor · double closet · large window
3 pc ensuite · walk-in closet(s) · large window
hardwood floor · large window · pot lights
w/o to yard · pot lights · crown moulding
3 pc ensuite · double closet · large window
5 pc ensuite · walk-in closet(s) · hardwood floor
3 pc ensuite · closet
stainless steel appl · centre island · pantry
3 pc ensuite · closet
fireplace · hardwood floor · open concept
combined w/kitchen · pot lights
4 pc ensuite · double closet
hardwood floor · crown moulding · pot lights
Listed at $1,699,000, which is about 9% 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.
Total price vs nearby homes. Fair value about $1.87M, learned from recent GTA sales.
The market behind the math:
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.
Price per square foot: this home lists at $523/sqft against an area asking average of $1,446/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Oak Ridges Lake Wilcox: 20 of the 145 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.69M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. 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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Oak Ridges Lake Wilcox, so I widened the search to the surrounding area.
Based on 12 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 177 closings there.
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 $1.87M, which is where my estimate comes from.
Per square foot, these ask about $930/sqft; this home lists at $523/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
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: 2 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 $1,359,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,440
- Property tax
- $787
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,227
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Estimated closing costs
- $30,455
Plus your down payment of $339,800. 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
- $446,395
- Principal paid down
- $168,055
- Interest paid
- $278,340
- Balance remaining
- $1,191,145
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 67 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 $5,310. 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 SUPERSTARS REALTY LTD.. MLS®/PropTx.