26 Douglas Road, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oak Ridges Lake Wilcox. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,680,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 58.51 x 661 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
A rare opportunity to acquire an exceptional 1+ acre property in the prestigious Oak Ridges community, surrounded by luxury custom estates. Situated on an expansive lot with impressive frontage, this property offers outstanding potential to build a spectacular custom residence of 5,000+ sq. ft. (subject to all required approvals).Nestled in one of Richmond Hill's most desirable neighbourhoods, enjoy a private, nature-inspired setting just steps from Lake Wilcox, Lake Wilcox Waterfront Park, and the Oak Ridges Community Centre, featuring scenic boardwalks, playgrounds, and year-round recreational amenities. Conveniently located close to top-rated schools, parks, public transit, the Oak Ridges Library, and the shops, restaurants, and everyday conveniences along Yonge Street.The existing home has been tastefully updated with new laminate flooring throughout, a renovated bathroom with a modern glass-enclosed shower, and a newly installed heat pump system. Currently tenanted, providing immediate rental income while you finalize plans, secure approvals, or build your dream luxury estate.An outstanding opportunity to invest, develop, or create a one-of-a-kind custom home in one of the GTA's most sought-after communities. Rarely does a property of this size and location become available in Oak Ridges-don't miss this exceptional opportunity.
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Property Summary
This detached home located at 26 Douglas Road, Richmond Hill is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,680,000 with an estimated mortgage of $5,592* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 26 Douglas Road, Richmond Hill is in the Oak Ridges Lake Wilcox neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 26 Douglas Road, Richmond Hill, ON L4E 3G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,680,000 in Richmond Hill, the legal minimum down payment is $336,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,075 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,075.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.