$1,680,000Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom | ||||
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Oak Ridges Lake Wilcox, Richmond Hill is a north GTA neighbourhood notable for its executives, business and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from China, and Russian speakers. Residents tend to be younger with a significant number of kids aged 5 to 14 and adults aged 30 to 54.
Kids Per Family
1.4
kids per family
in the neighbourhood.
35%
of residents are
single and loving it.
35% singles
Richmond Hill (39%)
13%
of residents
are renters.
13% renters
Richmond Hill (19%)
50%
of residents are
university grads.
50% university grads
Richmond Hill (54%)Average Household Income
$160K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 13% |
| Sciences | 9% |
| Management | 9% |
| Government | 8% |
54%
of residents were
born outside of Canada.
54% immigrants
Richmond Hill (59%)14.2% from China
All-time
4.2% from China
Recent
Foreign Languages
| Mandarin | 13% |
| Cantonese | 10% |
| Persian | 9% |
| Russian | 5% |
| Italian | 3% |
Religions
| Christian | 50% |
| Muslim | 11% |
| Jewish | 4% |
| Hindu | 2% |
| Buddhist | 2% |