365 Old Colony Road, Richmond Hill, ON
Oak Ridges Lake Wilcox, Richmond Hill · MLS® N14020386
About this home
In short
- Rare Corner Lot Backing Directly Onto Oak Ridges Conservation.
- Situated on one of the largest corner lots on the street, this impressive home backs directly onto the Oak Ridges Trail and Conservation Reserve, providing unblocked...
- The outdoor oasis is built for entertaining, showcasing a massive flagstone patio, a premium modern gazebo, two storage sheds, professionally manicured landscaping...
- Just minutes to Lake Wilcox Park, Oak Ridges Community Centre, Gormley and Bloomington GO Stations, and Highway 404 for effortless commuting.
- Note: Offered with existing appliances included in 'as-is' condition.
Rare Corner Lot Backing Directly Onto Oak Ridges Conservation! Nestled in the highly sought-after Oak Ridges / Lake Wilcox community, this sun-filled residence offers nearly 4,000 sq. ft. of total luxury living space. Situated on one of the largest corner lots on the street, this impressive home backs directly onto the Oak Ridges Trail and Conservation Reserve, providing unblocked, year-round nature views and exceptional privacy. The main residence boasts a spacious 2,800 sq. ft. floor plan featuring 4 oversized bedrooms and a bright, light-filled kitchen with a breakfast area that walks out to a raised deck. The outdoor oasis is built for entertaining, showcasing a massive flagstone patio, a premium modern gazebo, two storage sheds, professionally manicured landscaping, and a charming secret garden. The fully finished 1,000+ sq. ft. lower level is an entertainer's dream, complete with a sprawling recreation/game room equipped with a large TV and sound system(included!), a sleek wet bar, an additional bedroom, a 3-piece bath, a cold room, and abundant storage space. Unbeatable location-steps from Bond Lake Public School, school bus pickup routes, and YRT transit. Just minutes to Lake Wilcox Park, Oak Ridges Community Centre, Gormley and Bloomington GO Stations, and Highway 404 for effortless commuting. A rare balance of nature and urban convenience! Note: Offered with existing appliances included in 'as-is' condition.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14020386
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 65.62 × 96.86 ft
- Cross streets
- Bayview Ave./Stouffville Rd.
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Available, Covered, Private
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,137 / 2026
- Days on market
- 2
- Listing brokerage
- CENTURY 21 KENNECT REALTY
Rooms
walk-in closet(s) · overlooks backyard
ceramic floor · overlooks backyard · w/o to deck
walk-in closet(s) · overlooks frontyard
hardwood floor · open concept · overlooks frontyard
double closet · overlooks frontyard
4 pc ensuite · walk-in closet(s) · overlooks frontyard
hardwood floor · open concept
hardwood floor · overlooks frontyard · open concept
ceramic floor · granite counters · combined w/br
Listed at $1,590,000. 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 $1.58M, if it sells. A realistic range is $1.48M to $1.78M.
Independent value check: $1.46M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.36M and $1.53M).
Why $1.46M. 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 itIts tax bill, which follows the city's own assessment, is $7,137 a year; the typical home sold here pays about $6,700.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
Total price vs nearby homes. Likely closing about $1.58M, from 16 recent closings in this pocket.
The market behind the math:
About 3.4 months of inventory: 18 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $578/sqft against an area asking average of $612/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 $1.31M. 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($578/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 16 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 173 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $565/sqft; this home lists at $578/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 16, 2026); conventional rates run a little higher.
Mortgage amount $1,272,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,033
- Property tax
- $595
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,628
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,275
- Estimated closing costs
- $28,275
Plus your down payment of $318,000. 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
- $421,986
- Principal paid down
- $155,415
- Interest paid
- $266,571
- Balance remaining
- $1,116,585
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
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 58 whole-home leases in Oak Ridges Lake Wilcox signed at a median of $4,099 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,439. 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 CENTURY 21 KENNECT REALTY. MLS®/PropTx.