49 Sunset Beach Road, Richmond Hill, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $3,000,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 88.74 x 228.04 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 15.0 total parking spaces available
- Notable attributes: Water Heater, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Situated on an expansive 0.377-acre lot, this property offers exceptional value and future potential in a highly desirable location just steps from Yonge Street. Enjoy unmatched convenience with only a 1-minute walk to Yonge Street and a 5-minute drive to Highway 404, providing seamless connectivity throughout the GTA.Within walking distance to the scenic Lake Wilcox, community centre, and a variety of supermarkets and daily amenities, the property supports a vibrant and convenient lifestyle.The existing home is well-maintained and features a total of 5 generously sized bedrooms across upper and lower levels. It presents flexible use options: ideal for a multi-generational family seeking both privacy and shared living, or as rental accommodation for construction crews, farm workers, or business staff. The large outdoor space also offers excellent potential for storage and operational use for contractors or building supply companies.From a development perspective, the possibilities are truly outstanding. Potential options include severing into two premium lots for luxury detached homes (over 4,000 sq ft each), or exploring townhouse, mid-rise residential, or senior housing developments (subject to approvals).A rare and versatile offering for investors, builders, and end-users alike-secure a prime parcel with strong current usability and exceptional future upside.
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Water Heater, Carpet Free
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 49 Sunset Beach Road, Richmond Hill, ON L4E 1A3
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 $3,000,000 in Richmond Hill, the legal minimum down payment is $600,000 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 $61,475 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 $61,475.
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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.
