42 Kaitlin Drive, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13800436

$1,299,900
For Sale
Listed 3 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 42 Kaitlin Drive, a meticulously maintained detached home nestled in the prestigious Lake Wilcox community of Richmond Hill.
  • Offering approximately 2,260 sq. ft. of thoughtfully designed living space, this 4-bedroom home features an ideal family-friendly layout with spacious principal rooms...
  • The open-concept living and dining areas provide an inviting setting for entertaining, while the separate family room with a cozy gas fireplace overlooks the true...
  • Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat with a walk-in closet and 4-piece ensuite, while the fourth bedroom...
  • Enjoy the convenience of direct access to the attached double garage, plus an unfinished basement offering a blank canvas for additional living space, recreation, a...

Welcome to 42 Kaitlin Drive, a meticulously maintained detached home nestled in the prestigious Lake Wilcox community of Richmond Hill. Offering approximately 2,260 sq. ft. of thoughtfully designed living space, this 4-bedroom home features an ideal family-friendly layout with spacious principal rooms and plenty of natural light throughout. The open-concept living and dining areas provide an inviting setting for entertaining, while the separate family room with a cozy gas fireplace overlooks the true showpiece of the home: a beautifully landscaped backyard garden oasis lovingly created and cared for by the owner. The bright eat-in kitchen and breakfast area offer a walkout to the yard, making indoor-outdoor living effortless. Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat with a walk-in closet and 4-piece ensuite, while the fourth bedroom features a charming cathedral ceiling. Enjoy the convenience of direct access to the attached double garage, plus an unfinished basement offering a blank canvas for additional living space, recreation, a home gym, or whatever suits your lifestyle. Set on a 40 x 110 ft. lot in one of Richmond Hill's most sought-after communities, you're just minutes from Lake Wilcox, scenic trails, parks, schools, Yonge Street amenities, golf courses, and convenient access to Highways 404 and 400. A lovingly cared-for home, a spectacular garden, and an exceptional location ready for its next chapter.

Key facts

Property type
Detached, 2-Storey
MLS®
N13800436
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
40 × 110 ft
Cross streets
Yonge/Kingside Rd.
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,590 / 2026
Days on market
3
Listing brokerage
EXP REALTY

Rooms

KitchenGround3.47 × 2.87 m

ceramic floor · breakfast bar · eat-in kitchen

BreakfastGround3.47 × 3.01 m

ceramic floor · w/o to yard · open concept

Bedroom 4Second5.15 × 3.19 m

broadloom · large closet · cathedral ceiling(s)

Primary BedroomSecond5.60 × 3.66 m

broadloom · 4 pc ensuite · walk-in closet(s)

Dining RoomGround6.10 × 3.75 m

hardwood floor · open concept · combined w/living

Bedroom 3Second3.60 × 3.35 m

broadloom · large closet · picture window

Family RoomGround4.79 × 3.69 m

hardwood floor · 2 way fireplace · overlooks backyard

Living RoomGround6.10 × 3.75 m

hardwood floor · open concept · combined w/dining

Bedroom 2Second3.63 × 3.35 m

2 way fireplace · large closet · large window

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.31Mlikely closing

Listed at $1,299,900 with no offer date. Homes here have been closing close to ask, so my read is $1.31M, typically $1.23M to $1.30M. Comparable closings on their own put this home around $1.26M, which supports the ask, so this is a firm read.

Compared as a project. The listing presents this home as one to renovate or rebuild, so the finished homes among its comparable sales were adjusted for that before comparing.

List price
$1.23MBelow recent closings$1.30MAbove recent closings

Total price vs nearby homes. Likely closing about $1.31M, from 25 recent closings in this pocket.

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
3days on market so far
$3,908/moest. rent · 57 leases
3.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 9 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 $578/sqft against an area asking average of $728/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 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.14M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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 25 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
$1.43Mavg 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 $521/sqft; this home lists at $578/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home1.49M1.40M1.59M1.20M1.49MThis 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
Rural Richmond Hill
$2.94M
Jefferson
$1.64M
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 · 0.3 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 2 more schools within 2.5 km
Bond Lake Public School · Public elementary1.6 km · 89% at standard
Oak Ridges Public School · Public elementary2.3 km · 62% at standard

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

Affordability & Mortgage

Affordability
$5,925/mo
$247KIncome needed
5.3×Price ÷ income
$1,367Weekly cost
$22,473Land 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.

92%mortgage
Mortgage $5,925Property tax $549Total carry $6,474

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)
$5,692per month

Mortgage amount $1,039,920 · 4.39% over 25 years

$259,980Down payment (20.0%)
$1,039,920Loan before insurance
$0CMHC premium
$6,241Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,692
Property tax
$549
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,241

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

6.39%Qualifying rate
$6,896/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

$667,756Total interest paid
$1,707,676Total of all payments
Principal $1,039,920 Interest $667,756
YearPrincipalInterestBalance
1$23,532$44,775$1,016,388
2$24,577$43,731$991,811
3$25,667$42,640$966,144
4$26,806$41,501$939,338
5$27,996$40,311$911,342
6$29,239$39,068$882,103
7$30,536$37,771$851,567
8$31,892$36,415$819,675
9$33,307$35,000$786,368
10$34,785$33,522$751,583
11$36,329$31,978$715,254
12$37,941$30,366$677,312
13$39,625$28,682$637,687
14$41,384$26,923$596,303
15$43,221$25,086$553,083
16$45,139$23,168$507,944
17$47,142$21,165$460,802
18$49,234$19,073$411,567
19$51,420$16,888$360,148
20$53,702$14,605$306,446
21$56,085$12,222$250,361
22$58,574$9,733$191,787
23$61,174$7,133$130,613
24$63,889$4,418$66,724
25$66,724$1,583$0

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.

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 57 whole-home leases in Oak Ridges Lake Wilcox$3,908/mo
$46,896Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,651 to $4,103Typical 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 57 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 $3,908. 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.

3.6%
Gross yield
− Property tax $6,590− Insurance $1,400− Vacancy & upkeep $5,159Net operating income $33,747

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

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