20 Wellman Drive, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13843330

$1,849,000
For Sale
Listed 19 days agoNo offer date stated
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5+2Bedrooms
7Bathrooms
2Garage · 4 parking
3000-3500Sq ft

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®
N13843330
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
19
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

Living RoomMain5.18 × 3.96 m

hardwood floor · large window · pot lights

KitchenMain4.97 × 2.43 m

stainless steel appl · centre island · pantry

RecreationBasement8.09 × 4.95 m

combined w/kitchen · pot lights

Bedroom 3Second3.80 × 3.66 m

3 pc ensuite · walk-in closet(s) · large window

BedroomBasement3.53 × 3.19 m

3 pc ensuite · closet

Bedroom 5Second3.87 × 3.65 m

hardwood floor · double closet · large window

Primary BedroomSecond5.14 × 4.77 m

5 pc ensuite · walk-in closet(s) · hardwood floor

Family RoomMain5.82 × 3.63 m

fireplace · hardwood floor · open concept

BedroomBasement3.82 × 3.62 m

3 pc ensuite · closet

BreakfastMain4.97 × 2.66 m

w/o to yard · pot lights · crown moulding

Dining RoomMain3.96 × 3.31 m

hardwood floor · crown moulding · pot lights

Bedroom 4Second3.96 × 3.33 m

4 pc ensuite · double closet

Bedroom 2Second3.96 × 3.33 m

3 pc ensuite · double closet · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Oak Ridges Lake Wilcox · asking prices
$2.72Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $805/sqft; this home lists at $569/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.85MThis home1.80M1.70M2.04M5.35MThis 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
$1.45M
Rural Richmond Hill
$1.66M
Jefferson
$1.41M
Westbrook
$1.58M
Rouge Woods
$1.77M

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
$8,427/mo
$349KIncome needed
5.3×Price ÷ income
$1,945Weekly cost
$33,455Land 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.

91%mortgage
Mortgage $8,427Property tax $787Total carry $9,214

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$8,179per month

Mortgage amount $1,479,200 · 4.49% over 25 years

$369,800Down payment (20.0%)
$1,479,200Loan before insurance
$0CMHC premium
$8,966Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,179
Property tax
$787
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,966

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

One-time closing costs

Ontario land transfer tax
$33,455
Estimated closing costs
$33,455

Plus your down payment of $369,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,899/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

$974,425Total interest paid
$2,453,625Total of all payments
Principal $1,479,200 Interest $974,425
YearPrincipalInterestBalance
1$33,009$65,136$1,446,191
2$34,508$63,637$1,411,682
3$36,075$62,070$1,375,607
4$37,713$60,432$1,337,894
5$39,425$58,720$1,298,469
6$41,215$56,930$1,257,254
7$43,087$55,058$1,214,167
8$45,043$53,102$1,169,124
9$47,088$51,057$1,122,036
10$49,226$48,919$1,072,810
11$51,461$46,684$1,021,349
12$53,798$44,347$967,551
13$56,240$41,905$911,310
14$58,794$39,351$852,517
15$61,463$36,682$791,053
16$64,254$33,891$726,799
17$67,171$30,974$659,628
18$70,221$27,924$589,406
19$73,410$24,735$515,997
20$76,743$21,402$439,254
21$80,227$17,918$359,027
22$83,870$14,275$275,157
23$87,678$10,467$187,479
24$91,659$6,486$95,820
25$95,820$2,325$0

At the end of your 5-year term

Total paid over the term
$490,725
Principal paid down
$180,731
Interest paid
$309,994
Balance remaining
$1,298,469

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
Estimate$6,300/mo
$75,600Gross annual rent
3.1%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.1%
Gross yield
− Property tax $9,448− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,436

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

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