7 Sundew Lane, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13844714
About this home
In short
- 7 Sundew Lane in Richmond Hill's Oak Ridges Lake Wilcox community is a spacious, multi-generational home featuring 4 bedrooms and 5 bathrooms.
- The property includes a finished basement apartment with 3 bedrooms, ideal for extended family.
- This home is perfectly situated minutes to HWY 404, GO Station & Lake Wilcox, Incredible Restaurants; Minami Sushi, Locale Aurora & Grocery Stores; Longo's, Greco's...
- Steps To Park, Trails, Community Centres.
7 Sundew Lane in Richmond Hill's Oak Ridges Lake Wilcox community is a spacious, multi-generational home featuring 4 bedrooms and 5 bathrooms. The property includes a finished basement apartment with 3 bedrooms, ideal for extended family. The main floor is designed for entertaining, offering a walkout to a backyard that overlooks a conservation area, providing a serene, forest-like setting. A laundry room located on the second level offers pure convenience, and organization. Additional features include a double garage and a large lot, making it one of the more substantial properties in the Oak Knoll area. This home is perfectly situated minutes to HWY 404, GO Station & Lake Wilcox, Incredible Restaurants; Minami Sushi, Locale Aurora & Grocery Stores; Longo's, Greco's Food Centre & Summerhill Market. Steps To Park, Trails, Community Centres.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13844714
- Bedrooms
- 4+3 (7 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 30 × 130 ft
- Cross streets
- Yonge/Bloomington Rd
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Apartment, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,122 / 2025
- Days on market
- 19
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
broadloom · closet · window
3 pc ensuite · closet · window
ceramic floor · w/o to patio · overlook greenbelt
hardwood floor · fireplace · overlook greenbelt
broadloom · closet · window
hardwood floor · window · open concept
ceramic floor · electric fireplace
5 pc ensuite · walk-in closet(s) · overlook greenbelt
hardwood floor · window · open concept
ceramic floor · backsplash · stainless steel appl
Ceramic Floor
Listed at $1,700,000. Going by how homes in Oak Ridges Lake Wilcox and the wider GTA have actually closed against their asking prices (about 99%, 14 local closings in 90 days), the likely sale price is near $1.69M, if it sells. A realistic range is $1.58M to $1.90M.
Independent value check: $1.59M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.49M and $1.66M).
Why $1.59M. 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 $8,122 a year; the typical home sold here pays about $6,700.
- ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it slightly4+3 bedrooms and 5 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $1.69M, from 14 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 8 detached homes for sale in the area against 14 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 $675/sqft.
- basement apartment features. A finished 3 bed basement apartment with a second kitchen. 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 $1,700 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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.51M. Condition and finishes remain an in-person call.
What the listing highlights2 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
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($523/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 14 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 170 closings there.
For sale
For sale
For sale
For sale
For saleNothing 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 $1.59M, which is where my estimate comes from.
Per square foot, these ask about $798/sqft; this home lists at $523/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 7 |
| November 2025 | $1.93M | 8 |
| December 2025 | $1.48M | 5 |
| January 2026 | $1.59M | 12 |
| February 2026 | $1.36M | 5 |
| March 2026 | $1.27M | 9 |
| May 2026 | $1.28M | 14 |
| June 2026 | $1.38M | 17 |
| July 2026 | $1.22M | 11 |
| August 2026 | $1.19M | 6 |
Neighbourhood & 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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,360,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,520
- Property tax
- $677
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,197
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,475
- Estimated closing costs
- $30,475
Plus your down payment of $340,000. 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
- $451,180
- Principal paid down
- $166,167
- Interest paid
- $285,014
- Balance remaining
- $1,193,833
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 (21 of 148 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 18 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,519 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,943. 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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.