56 North Lake Road, Richmond Hill, ON

$978,800
MLS#:N12207231
3 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
56 North Lake Road 9, Richmond Hill, ON L4E 0G5
⚠️

Property no longer active

This property was sold on June 23, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Oak Ridges Lake Wilcox. Expertly crafted featuring premium stone and brick veneer construction, this residence presents an exceptional opportunity offered at $978,800 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 17.06 x 113.19 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other, Rough-In Bath
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled between walkable Yonge St and the tranquility of protected greenspace, this rarely offered 3 bed, 3 bath freehold townhome has been exceptionally cared for and upgraded. Set on the preferred eastern side of this boutique complex, you'd never know you were in the heart of sought after Oak Ridges. Get swept away by scenic conservation views and an entirely private backyard with nature as your only rear neighbour. The open concept main level features solid oak hardwood floors, pot lights throughout and an ample kitchen with centre island. The living and dining room offer spacious places to entertain, with a walk-out deck for BBQ-ing, hosting and play space. Enjoy the convenience of a main floor powder room, direct entry into the built-in garage and a private driveway. Upstairs, the king-sized principal bedroom overlooks peaceful greenspace and features an ensuite and walk-in closet. The 2nd and 3rd bedrooms give you all the flexibility for living/guests/work. And the dream second floor laundry room makes chores a breeze. A finished lower level that's oh so perfect for additional living space, or explore the income potential of a separate apartment with entrance through the garage and roughed-in washroom/plumbing. A quiet complex with great neighbours, visitor parking and a laughably low common element fee (water, waste, snow removal, landscaping & road maintenance). Located in one of Richmond Hill's most desirable neighbourhoods, with groceries, restaurants, cafes, excellent schools, community centre/pool, transit, walking trails, parks, golf courses and Lake Wilcox only steps away. 10 minute drive to Gormley GO Train Station.

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Property Summary

This townhouse located at 56 North Lake Road, Richmond Hill is currently for sale and has been available on SousaSells for 423 days. This property is listed at $978,800 with an estimated mortgage of $3,258* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 56 North Lake 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.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Oak Ridges Lake Wilcox, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 23, 2025
Sold price information is available to members only
Listed Date6/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionStone, Brick Veneer
BasementFinished, Separate Entrance
Lot Size17.06 × 113.19 Feet
CountyYork
Annual Tax$4,076.86
Legal DescriptionPART LOT 7 PLAN 169, PT 9 65R28619, RICHMOND HILL. S/T EASEMENT IN GROSS OVER PT 1 65R28457 AS IN YR730293. S/T EASE IN GROSS OVER PT 1 65R28457 AS IN YR730293. T/W AN UNDIVIDED COMMON INTEREST IN YORK REGION COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 1080. S/T AN EASEMENT IN FAVOUR OF YORK REGION COMMON ELEMENTS CONDOMINIUM PLAN NO. 1080.

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • Wooded/Treed
  • School

Interior Features

  • Other
  • Rough-In Bath

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 56 North Lake Road, Richmond Hill, ON

Q.What is the asking price for 56 North Lake Road, Richmond Hill, ON ?

The current listing price for 56 North Lake Road, Richmond Hill, ON in Oak Ridges Lake Wilcox, Richmond Hill is $978,800.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 56 North Lake Road, Richmond Hill, ON ?

56 North Lake Road, Richmond Hill, ON is a Att/Row/Townhouse (2-Storey) featuring a Finished, Separate Entrance basement.

Q.What key property features does 56 North Lake Road, Richmond Hill, ON offer?

Key property features include: Library, Park, Public Transit, Rec./Commun.Centre, Wooded/Treed, School.

Q.What interior features are included in this home?

Interior highlights include: Other, Rough-In Bath.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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56 North Lake Road, Richmond Hill, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 56 North Lake Road 9, Richmond Hill, ON L4E 0G5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate4.00%
Down Payment$293,640 (30.0%)
* Minimum Canadian down payment required for this price is $72,880.
Amortization Period30 Years
Estimated Monthly Payment$3,258Based on a loan of $685,160 over 30 years.
Purchase Price$978,800
Loan Amount$685,160
Provincial Land Transfer Tax:$16,051
Total Estimated Closing Taxes:$16,051

About Purchasing a Home in Richmond Hill, ON

For a property listed at $978,800 in Richmond Hill, the legal minimum down payment is $72,880 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 $16,051 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 $16,051.

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Oak Ridges Lake Wilcox, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges Lake Wilcox, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,266,182

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Oak Ridges Lake Wilcox, Richmond Hill

Elementary Schools

Lake Wilcox
Public80 Wildwood Avenue, Wilcox Lake, Richmond Hill, Ontario, L4E 3B5
5.9
Our Lady of the Annunciation
Public30 Bayswater Avenue, Oak Ridges, Richmond Hill, Ontario, L4E 2L3
7.2
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7
Bond Lake
PublicWilcox Lake, Richmond Hill, Ontario
8.6
Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1

Secondary Schools

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Oak Ridges Lake Wilcox, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.