66 North Lake Road, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13832872

$1,360,000
For Sale
Listed 18 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
2Garage · 8 parking
1100-1500Sq ft

About this home

In short

  • Attention Investors and Builders.
  • A rare find Premium 100 Ft x150 Ft lot located in prime location of Oak Ridges, Existing well maintained bungalow features a three beds and two baths with finished...
  • This property offers incredible potential for townhomes development or severance into two 50 ft x 150 ft lots.
  • Close to Yonge St, shops, Transit and All Amenities.

Attention Investors and Builders! A rare find Premium 100 Ft x150 Ft lot located in prime location of Oak Ridges, Existing well maintained bungalow features a three beds and two baths with finished basement. This property offers incredible potential for townhomes development or severance into two 50 ft x 150 ft lots. One Of The Largest Frontage In The Neighbourhood. Close to Yonge St, shops, Transit and All Amenities.

Key facts

Property type
Detached, Bungalow
MLS®
N13832872
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
100 × 150 ft
Cross streets
Yonge/King
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,145 / 2025
Days on market
18
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Primary BedroomMain4.32 × 3.31 m

laminate · closet · window

RecreationLower4.01 × 4.05 m

laminate · pot lights · window

Bedroom 3Main3.35 × 3.04 m

laminate · closet · window

Bedroom 2Main3.25 × 2.84 m

laminate · closet · window

KitchenMain3.35 × 2.95 m

Ceramic Floor

Living RoomMain5.74 × 3.63 m

combined w/dining · moulded ceiling · large window

DenLower3.39 × 2.43 m

laminate · window · 3 pc bath

Bedroom 4Lower3.96 × 3.81 m

laminate · closet · window

Dining RoomMain2.94 × 3.40 m

combined w/living · moulded ceiling · w/o to deck

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.35Mlikely sale price

Listed at $1,360,000. 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 $1.35M, if it sells. A realistic range is $1.26M to $1.52M.

Independent value check: $1.37M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.28M and $1.43M).

Why $1.37M. The typical detached home sold in Oak Ridges Lake Wilcox over the past year went for about $1.37M (103 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,145 a year; the typical home sold here pays about $6,700.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▼ Lowers it3+1 bedrooms and 2 baths, against 4+1 and 4 typically.
  • ▲ Raises itIts lot is 100 by 150 ft; the typical lot sold here is 40 by 113.
List price
$1.26MBelow recent closings$1.52MAbove recent closings

Total price vs nearby homes. Likely closing about $1.35M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.26Mmedian sold price
102%of asking, on average
−13%prices vs a year ago
~19 dayshomes like this take to sell
18days on market so far
$2,972/moest. rent · 10 leases
2.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7.5 months of inventory: 40 detached homes for sale in the area against 16 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 $1,046/sqft against an area asking average of $828/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Oak Ridges Lake Wilcox: 21 of the 148 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. 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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.19M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. 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

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.

What sellers nearby are askingCurrently listed nearby in Oak Ridges Lake Wilcox · asking prices
$1.88Mavg asking

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 $1.37M, which is where my estimate comes from.

Per square foot, these ask about $1,446/sqft; this home lists at $1,046/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.36MThis home1.09M2.00M2.55MThis home vs active comparables

Sold 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.

Oct 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.58M7
November 2025$1.93M8
December 2025$1.48M5
January 2026$1.59M12
February 2026$1.36M5
March 2026$1.27M9
May 2026$1.28M14
June 2026$1.38M17
July 2026$1.22M11
August 2026$1.19M6

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
$1.60M
Jefferson
$1.64M
Rural Richmond Hill
$1.72M
Westbrook
$1.54M
Mill Pond
$1.94M

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

Affordability
$6,198/mo
$262KIncome needed
5.2×Price ÷ income
$1,430Weekly cost
$23,675Land 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 $6,198Property tax $679Total carry $6,877

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,016per month

Mortgage amount $1,088,000 · 4.49% over 25 years

$272,000Down payment (20.0%)
$1,088,000Loan before insurance
$0CMHC premium
$6,694Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,016
Property tax
$679
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,694

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

One-time closing costs

Ontario land transfer tax
$23,675
Estimated closing costs
$23,675

Plus your down payment of $272,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,281/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

$716,722Total interest paid
$1,804,722Total of all payments
Principal $1,088,000 Interest $716,722
YearPrincipalInterestBalance
1$24,280$47,909$1,063,720
2$25,382$46,807$1,038,339
3$26,534$45,655$1,011,804
4$27,739$44,450$984,065
5$28,999$43,190$955,066
6$30,315$41,874$924,751
7$31,692$40,497$893,060
8$33,131$39,058$859,929
9$34,635$37,554$825,294
10$36,207$35,981$789,087
11$37,851$34,337$751,235
12$39,570$32,619$711,665
13$41,367$30,822$670,299
14$43,245$28,944$627,054
15$45,208$26,981$581,845
16$47,261$24,928$534,585
17$49,407$22,782$485,178
18$51,650$20,539$433,528
19$53,995$18,194$379,532
20$56,447$15,742$323,086
21$59,010$13,179$264,076
22$61,689$10,500$202,387
23$64,490$7,699$137,897
24$67,418$4,771$70,479
25$70,479$1,710$0

At the end of your 5-year term

Total paid over the term
$360,944
Principal paid down
$132,934
Interest paid
$228,011
Balance remaining
$955,066

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 10 whole-home leases in Oak Ridges Lake Wilcox$2,972/mo
$35,664Gross annual rent
1.6%Cap rate after taxes and upkeep
$2,734 to $3,209Typical rent range
~28 daysTo find a tenant, on average

The suite is real income here: basements rent in Oak Ridges Lake Wilcox (21 of 148 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 numbers

The last 10 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $3,373 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,972. 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.

2.6%
Gross yield
− Property tax $8,145− Insurance $1,400− Vacancy & upkeep $3,923Net operating income $22,196

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

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