3 Wheelwright Drive, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N13885604

$1,099,000
For Sale
Listed 9 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 3 Wheelwright Dr-a sun-filled masterpiece in Richmond Hill's prime Oak Ridges community.
  • Freshly painted throughout, this spacious residence showcases a seamless open-concept floor plan accented by warm hardwood flooring and brilliant natural light.
  • The upgraded chef's kitchen boasts modern countertops and premium appliances, perfectly designed for effortless entertaining.
  • Step down to a fully finished basement complete with a sleek full bathroom-ideal for a rec room, home office, or guest suite.
  • Steps to Lake Wilcox Park, top-ranking schools (Bond Lake PS, Windham Ridge FI, St.

Welcome to 3 Wheelwright Dr-a sun-filled masterpiece in Richmond Hill's prime Oak Ridges community! Freshly painted throughout, this spacious residence showcases a seamless open-concept floor plan accented by warm hardwood flooring and brilliant natural light. The upgraded chef's kitchen boasts modern countertops and premium appliances, perfectly designed for effortless entertaining. Upstairs features oversized bedrooms, including a serene primary retreat. Step down to a fully finished basement complete with a sleek full bathroom-ideal for a rec room, home office, or guest suite. Steps to Lake Wilcox Park, top-ranking schools (Bond Lake PS, Windham Ridge FI, St. Theresa of Lisieux CHS), GO Transit, and Yonge St amenities!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13885604
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
29.53 × 87.27 ft
Cross streets
Stouffville Rd and Bayview Ave
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,702 / 2025
Days on market
9
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

RecreationBasement6.09 × 3.97 m
Family RoomMain4.00 × 4.30 m
Living RoomMain4.31 × 6.25 m
BreakfastMain2.81 × 2.87 m
RecreationBasement3.61 × 2.16 m
RecreationBasement6.02 × 2.10 m
Bedroom 2Second3.06 × 3.12 m
LaundrySecond2.81 × 2.50 m
KitchenMain2.81 × 3.30 m
Primary BedroomSecond4.19 × 4.30 m
Bedroom 3Second4.31 × 4.57 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Oak Ridges Lake Wilcox, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$5,009/mo
$206KIncome needed
5.3×Price ÷ income
$1,156Weekly cost
$18,455Land 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.

93%mortgage
Mortgage $5,009Property tax $392Total carry $5,401

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,861per month

Mortgage amount $879,200 · 4.49% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,253Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,861
Property tax
$392
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,253

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

One-time closing costs

Ontario land transfer tax
$18,455
Estimated closing costs
$18,455

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,884/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

$579,174Total interest paid
$1,458,374Total of all payments
Principal $879,200 Interest $579,174
YearPrincipalInterestBalance
1$19,620$38,715$859,580
2$20,511$37,824$839,069
3$21,442$36,893$817,627
4$22,416$35,919$795,211
5$23,433$34,902$771,778
6$24,497$33,838$747,281
7$25,610$32,725$721,671
8$26,772$31,563$694,898
9$27,988$30,347$666,910
10$29,259$29,076$637,652
11$30,587$27,748$607,064
12$31,976$26,359$575,088
13$33,428$24,907$541,660
14$34,946$23,389$506,715
15$36,532$21,803$470,182
16$38,191$20,144$431,991
17$39,925$18,410$392,066
18$41,738$16,597$350,329
19$43,633$14,702$306,696
20$45,614$12,721$261,082
21$47,685$10,650$213,397
22$49,850$8,485$163,547
23$52,114$6,221$111,433
24$54,480$3,855$56,953
25$56,953$1,382$0

At the end of your 5-year term

Total paid over the term
$291,675
Principal paid down
$107,422
Interest paid
$184,253
Balance remaining
$771,778

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$3,150/mo
$37,800Gross annual rent
2.5%Cap rate after taxes and upkeep

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.

3.4%
Gross yield
− Property tax $4,702− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,540

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

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