36 FERGUS Avenue, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13857618

$1,498,000
For Sale
Listed 13 days agoNo offer date stated
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2Bedrooms
2Bathrooms
5Parking
1100-1500Sq ft

About this home

In short

  • Rare Opportunity In The Highly Sought-After Lake Wilcox Community.
  • This Impressive 50 X 150 Ft Property Has Been Severed Into Two 25 X 150 Ft Lots, Offering The Potential To Build Approximately 2,300 Sq.
  • An Exceptional Opportunity For Builders, Investors Or Buyers Looking To Create Two Custom Homes In One Of Richmond Hill's Most Desirable Communities.
  • The Existing Home Features 2 Bedrooms And 2 Bathrooms With A Bright And Functional Layout, Spacious Living Area, Combined Kitchen And Dining Space, And A Walkout To A...

Rare Opportunity In The Highly Sought-After Lake Wilcox Community! This Impressive 50 X 150 Ft Property Has Been Severed Into Two 25 X 150 Ft Lots, Offering The Potential To Build Approximately 2,300 Sq. Ft. On Each Lot. An Exceptional Opportunity For Builders, Investors Or Buyers Looking To Create Two Custom Homes In One Of Richmond Hill's Most Desirable Communities.Welcome To 36 Fergus Avenue, A Charming Detached Bungalow Situated On A Quiet, Family-Friendly Street Just Minutes From Beautiful Lake Wilcox. The Existing Home Features 2 Bedrooms And 2 Bathrooms With A Bright And Functional Layout, Spacious Living Area, Combined Kitchen And Dining Space, And A Walkout To A Large Private Backyard Surrounded By Mature Trees.Enjoy An Outstanding Family-Oriented Lifestyle With The Impressive Oak Ridges Community Centre Nearby, Offering Excellent Recreational Facilities And Programs. Only Minutes To Yonge Street For Shopping, Restaurants, Transit And Everyday Conveniences. Lake Wilcox Park Is Also Just Minutes Away, Featuring Tennis And Basketball Courts, Walking Trails By The Lake, Playground Areas And Plenty Of Fun Activities For The Entire Family.A Truly Unique Combination Of Development Potential, Location And Lifestyle In The Heart Of The Lake Wilcox Community!

Key facts

Property type
Detached, Bungalow
MLS®
N13857618
Bedrooms
2
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
50 × 150 ft
Cross streets
North Lake and Bayview
Parking
5 parking
Driveway
Private
Basement
Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,462 / 2026
Days on market
13
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Primary BedroomGround3.84 × 3.23 m
Bedroom 2Ground2.62 × 2.29 m
Family RoomGround3.96 × 3.84 m

b/i bookcase · coffered ceiling(s) · overlook patio

KitchenGround2.39 × 2.30 m

granite counters · b/i dishwasher · ceramic floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.49Mlikely sale price

Listed at $1,498,000. 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 $1.49M, if it sells. A realistic range is $1.39M to $1.67M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes about 2,300 sq ft, while the size on record is 1100 to 1500 sq ft.

List price
$1.39MBelow recent closings$1.67MAbove recent closings

Total price vs nearby homes. Likely closing about $1.49M, 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
13days on market so far
$2,905/moest. rent · 10 leases
2.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 8 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 $1,152/sqft against an area asking average of $1,358/sqft.

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 $838K. 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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

Priced above comparable homes overall, but the price per square foot ($1,152/sqft) is below the area, so you are paying for extra space rather than a premium.

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
$1.01Mavg 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 $817K, which is where my estimate comes from.

Per square foot, these ask about $943/sqft; this home lists at $1,152/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.50MThis home1000k999k1.09M948kThis 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
Rural Richmond Hill
$1.72M
Jefferson
$1.64M
Westbrook
$1.54M
Crosby
$1.01M

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
$6,827/mo
$274KIncome needed
5.5×Price ÷ income
$1,576Weekly cost
$26,435Land 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.

95%mortgage
Mortgage $6,827Property tax $372Total carry $7,199

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)
$6,626per month

Mortgage amount $1,198,400 · 4.49% over 25 years

$299,600Down payment (20.0%)
$1,198,400Loan before insurance
$0CMHC premium
$6,998Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,626
Property tax
$372
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,998

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

One-time closing costs

Ontario land transfer tax
$26,435
Estimated closing costs
$26,435

Plus your down payment of $299,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,020/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

$789,448Total interest paid
$1,987,848Total of all payments
Principal $1,198,400 Interest $789,448
YearPrincipalInterestBalance
1$26,743$52,771$1,171,657
2$27,957$51,556$1,143,699
3$29,227$50,287$1,114,473
4$30,554$48,960$1,083,919
5$31,941$47,573$1,051,978
6$33,391$46,123$1,018,586
7$34,907$44,606$983,679
8$36,492$43,022$947,186
9$38,149$41,365$909,037
10$39,881$39,632$869,156
11$41,692$37,822$827,464
12$43,585$35,929$783,878
13$45,564$33,950$738,314
14$47,633$31,881$690,681
15$49,796$29,718$640,886
16$52,057$27,457$588,829
17$54,420$25,094$534,409
18$56,891$22,623$477,518
19$59,474$20,040$418,044
20$62,174$17,339$355,869
21$64,997$14,516$290,872
22$67,949$11,565$222,923
23$71,034$8,480$151,890
24$74,259$5,255$77,631
25$77,631$1,883$0

At the end of your 5-year term

Total paid over the term
$397,570
Principal paid down
$146,422
Interest paid
$251,147
Balance remaining
$1,051,978

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$2,905/mo
$34,860Gross annual rent
1.7%Cap rate after taxes and upkeep
$2,528 to $3,248Typical rent range
~28 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 10 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $2,747 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,905. 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.

2.3%
Gross yield
− Property tax $4,462− Insurance $1,400− Vacancy & upkeep $3,835Net operating income $25,164

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

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