24 Sundew Lane, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N14091144

$1,088,000
For Sale
Listed 2 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage
2000-2500Sq ft

About this home

Welcome to this beautifully maintained 4-bedroom home, designed for both comfort and convenience. Upstairs, you'll find two spacious en-suite bedrooms, perfect for added privacy and functionality.Nestled in a desirable neighborhood, this home offers easy access to nearby shopping centers, a scenic lake, and a vibrant community centermaking it an ideal choice for families and professionals alike. With its blend of modern amenities and a welcoming atmosphere, this property is truly a place to call home

Key facts

Property type
Detached, 2-Storey
MLS®
N14091144
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
34.64 × 111.97 ft
Cross streets
Yonge & Bloomington
Parking
2 garage (detached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,622 / 2025
Days on market
2
Listing brokerage
BAY STREET GROUP INC.

Rooms

Family RoomMain0.00 × 0.00 m

Hardwood Floor

Primary BedroomSecond0.00 × 0.00 m

4 Pc Ensuite

Dining RoomMain0.00 × 0.00 m

Hardwood Floor

Bedroom 3Second0.00 × 0.00 m

Bay Window

Living RoomMain0.00 × 0.00 m

Hardwood Floor

BreakfastMain0.00 × 0.00 m
Bedroom 4Second0.00 × 0.00 m
Bedroom 2Second0.00 × 0.00 m

3 Pc Ensuite

KitchenMain0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.08Mlikely sale price

Listed at $1,088,000. 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 $1.08M, if it sells. A realistic range is $1.01M to $1.22M.

Independent value check: $1.23M. Without looking at the asking price, our model values the home itself about 13% above the ask (homes like it typically land between $1.15M and $1.28M).

Why $1.23M. 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:

  • ▼ Lowers it slightly2 garage and 2 total parking spaces, against 2 and 6 typically.
List price
$1.01MBelow recent closings$1.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.08M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.26Mmedian sold price
101%of asking, on average
−14%prices vs a year ago
~19 dayshomes like this take to sell
2days on market so far
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 17 detached homes for sale in the area against 14 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 $484/sqft against an area asking average of $682/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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.21M. Condition and finishes remain an in-person call.

Based on 14 comparable homes that sold in Oak Ridges Lake Wilcox over the past two years, from 170 closings there.

What sellers nearby are askingCurrently listed nearby in Oak Ridges Lake Wilcox · asking prices
$1.24Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $528/sqft; this home lists at $484/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.09MThis home1.02M1.20M1.40M1.29M1.29MThis 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
$1.45M
Jefferson
$1.41M
Rural Richmond Hill
$1.66M
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
$4,959/mo
$210KIncome needed
5.2×Price ÷ income
$1,144Weekly cost
$18,235Land 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.

90%mortgage
Mortgage $4,959Property tax $552Total carry $5,511

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)
$4,813per month

Mortgage amount $870,400 · 4.49% over 25 years

$217,600Down payment (20.0%)
$870,400Loan before insurance
$0CMHC premium
$5,364Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,813
Property tax
$552
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,364

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

One-time closing costs

Ontario land transfer tax
$18,235
Estimated closing costs
$18,235

Plus your down payment of $217,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,825/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

$573,377Total interest paid
$1,443,777Total of all payments
Principal $870,400 Interest $573,377
YearPrincipalInterestBalance
1$19,424$38,327$850,976
2$20,306$37,446$830,671
3$21,227$36,524$809,443
4$22,191$35,560$787,252
5$23,199$34,552$764,053
6$24,252$33,499$739,801
7$25,353$32,398$714,448
8$26,504$31,247$687,943
9$27,708$30,043$660,235
10$28,966$28,785$631,269
11$30,281$27,470$600,988
12$31,656$26,095$569,332
13$33,093$24,658$536,239
14$34,596$23,155$501,643
15$36,167$21,584$465,476
16$37,809$19,942$427,668
17$39,525$18,226$388,142
18$41,320$16,431$346,822
19$43,196$14,555$303,626
20$45,157$12,594$258,469
21$47,208$10,543$211,261
22$49,351$8,400$161,910
23$51,592$6,159$110,318
24$53,934$3,817$56,383
25$56,383$1,368$0

At the end of your 5-year term

Total paid over the term
$288,755
Principal paid down
$106,347
Interest paid
$182,409
Balance remaining
$764,053

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$4,200/mo
$50,400Gross annual rent
3.4%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.

4.6%
Gross yield
− Property tax $6,622− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,834

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

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