566 Sunset Beach Road, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oak Ridges Lake Wilcox. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $4,679,000 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.
- 8 Bedrooms and 6 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 125.88 x 303.73 ft lot
- Features a apartment, finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Accessory Apartment, Auto Garage Door Remote, Generator - Full
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover the potential for luxury at 566 Sunset Beach Road, a prime property on the prestigious south side of Lake Wilcox. Currently home to a charming traditional, 7+1 bedroom / 5+1 bathroom family residence, this .75-acre lot offers breathtaking Lake Wilcox views from most rooms and private lake access across the 131 feet of lake frontage, setting the stage for a future multi-family luxury estate. Nestled in one of Richmond Hills' most desirable neighbourhoods within the GTA, this location provides easy access to land and water sports without the long commute north, perfect for a lifestyle of relaxation and recreation across all four seasons.The existing home, originally a builder's showcase, has been lovingly maintained by the current owners for 27 years. It features a 2-bedroom in-law / teenager suite apartment above the 3-car garage, ideal for extended family or guests, and a self-contained nanny suite on the lower level with a bedroom, kitchen, and sitting / dining areas. Additionally, there is a large recreation room with a wood-burning fireplace and a walkout to a ground-level swim-spa (offering hot tub and swim against the current options), gazebo, dry boathouse, fire pit and the stunning lake.The south side of Lake Wilcox is celebrated for its sandy, shallow access, offering a superior experience compared to the north. Set high above the manicured & landscaped lawns, this property provides a serene retreat, even during nature's most intense storms. With its R3/N1 zoning, the property presents endless possibilities for customization, allowing you to create a contemporary luxury home that reflects your vision.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Lake Access, Park, Rec./Commun.Centre, School Bus Route, Sloping
Interior Features
Accessory Apartment, Auto Garage Door Remote, Generator - Full, In-Law Suite, Guest Accommodations, Separate Heating Controls, Solar Owned, Suspended Ceilings, Water Heater
Security Features
Carbon Monoxide Detectors, Heat Detector, Smoke Detector
Community Features
Location
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 566 Sunset Beach Road, Richmond Hill, ON L4E 3J8
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 $4,679,000 in Richmond Hill, the legal minimum down payment is $935,800 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 $103,450 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 $103,450.
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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.