129 Lakeland Crescent, Richmond Hill, ON

Oak Ridges Lake Wilcox, Richmond Hill · MLS® N14095068

$1,799,000
For Sale
Listed 1 day agoNo offer date stated
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5+2Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Your Clients will fall in-LOVE with this immaculate 5+2 large bedrooms & 6 Washrooms Lake Wilcox custom built Executive 2 story Detached Home.
  • Coffered Ceiling throughout the house, New custom Entry Door with touch key pad code 2023 (NO KEYS NEEDED) New upper Laundry with PERMIT separate entrance SE 2025...
  • New Furnace Aug 2025, New AC Aug 2025, New large Water Tank Aug 2025, New triple heavy duty sump pump with Marine backup alarm Sep 2025, New 4" pipe basement to Curb...
  • 10" Ceiling on Main & Second Floor, 9" ceiling in Basement, feels like main floor & very bright with many windows.

Your Clients will fall in-LOVE with this immaculate *5+2 large bedrooms & 6 Washrooms* Lake Wilcox custom built Executive 2 story Detached Home. Welcome to Beautiful Lake Wilcox Community, This gorgeous house is 5 minutes walking distance to Lake Wilcox. Coffered Ceiling throughout the house, New custom Entry Door with touch key pad code 2023 (NO KEYS NEEDED) New upper Laundry with *PERMIT* separate entrance SE 2025, New Flooring extra wide Waterproof Laminate Sep 2025, New Kitchen with waterfall large center Island Oct 2025, new built In S/S Appliances Sep 2025, New basement Laundry room with new Washing machine & new Dryer Sep 2025, New Basement 8x11 Marble Slab wall Entertainment Sep 2025. New Furnace Aug 2025, New AC Aug 2025, New large Water Tank Aug 2025, New triple heavy duty sump pump with Marine backup alarm Sep 2025, New 4" pipe basement to Curb Sep 2025, ****THIS IS THE ONLY HOUSE ON LAKELAND CRES WITH CITY OF RICHMOND HILL VARIANCE ALLOWED AND CONNECTED TO CITY BASIN SYSTEM OCT 2025*** Absolutely amazing house with too many items to list, your family will make unforgettable memories in this 5+2 bedrooms. come visit and enjoy. 10" Ceiling on Main & Second Floor, 9" ceiling in Basement, feels like main floor & very bright with many windows.

Key facts

Property type
Detached, 2-Storey
MLS®
N14095068
Bedrooms
5+2 (7 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
50.04 × 104.09 ft
Cross streets
Yonge St & North Lake Rd
Parking
2 garage · 6 parking (attached)
Driveway
Available, Private Triple
Basement
Apartment, Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$8,413 / 2025
Days on market
1
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Bedroom 4Second5.09 × 3.99 m

hardwood floor · coffered ceiling(s) · walk-in closet(s)

BreakfastMain5.09 × 3.34 m

hardwood floor · breakfast bar · w/o to patio

Primary BedroomLower5.80 × 4.57 m

laminate · 4 pc ensuite · window

Living RoomMain6.99 × 4.29 m

hardwood floor · fireplace · bay window

Primary BedroomSecond6.19 × 5.29 m

hardwood floor · coffered ceiling(s) · w/o to balcony

Dining RoomMain4.99 × 3.79 m

hardwood floor · coffered ceiling(s) · window

Bedroom 2Second4.09 × 4.09 m

hardwood floor · coffered ceiling(s) · juliette balcony

KitchenMain5.02 × 3.96 m

ceramic floor · granite counters · w/o to yard

Family RoomMain4.49 × 3.70 m

hardwood floor · coffered ceiling(s) · crown moulding

Living RoomLower7.01 × 4.88 m

laminate · window

LaundrySecond3.09 × 1.39 m

marble floor · large window · linen closet

Bedroom 5Second4.20 × 3.49 m

hardwood floor · coffered ceiling(s) · double closet

Bedroom 2Lower4.26 × 3.96 m

laminate · double closet · window

Bedroom 3Second4.09 × 4.99 m

hardwood floor · crown moulding · semi ensuite

LaundryLower1.24 × 2.16 m

pot lights · b/i shelves

KitchenLower4.57 × 3.65 m

marble floor · centre island · window

Our TakeTeam Asgarian · Broker
No automatic estimate

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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
$8,199/mo
$338KIncome needed
5.3×Price ÷ income
$1,892Weekly cost
$32,455Land 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.

92%mortgage
Mortgage $8,199Property tax $701Total carry $8,900

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,659Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$701
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,659

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

One-time closing costs

Ontario land transfer tax
$32,455
Estimated closing costs
$32,455

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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$7,350/mo
$88,200Gross annual rent
3.8%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.9%
Gross yield
− Property tax $8,413− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $68,685

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

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