81 Old Colony Road, Richmond Hill, ON

$1,350,000
MLS#:N13046296
5 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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This listing is no longer active (Terminated)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oak Ridges Lake Wilcox. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,350,000 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 39.37 x 109.91 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully upgraded 4-bedroom detached home nestled in the highly sought-after Oak Ridges community of Richmond Hill - one of GTA's most desirable and family-friendly neighbourhoods. Boasting over $60,000 in renovations, this move-in-ready detached house delivers a refined blend of modern style, comfort, and functionality. Featuring over 2600 sqft of living space, this home is ideal for families seeking a turnkey home in one of Richmond Hill's top communities. The fully renovated kitchen (2024) showcases elegant marble countertops, sleek modern cabinetry, and an open-concept layout perfect for entertaining or everyday family living. Bright, sun-filled principal rooms and a smart floor plan create a warm, inviting atmosphere year-round. Step outside to your professionally upgraded backyard patio (2024) featuring an elite outdoor lighting system - ideal for summer entertaining, outdoor dining, or relaxing evenings in a private setting. Additional highlights include a new roof (2022) with a 15-year warranty, in-ground sprinkler system, upgraded driveway lighting, and custom floor-toceiling his-and-hers closets in the basement for exceptional storage. Prime location - steps to top-ranked schools including Bayview Secondary School's prestigious IB program, Lake Wilcox, Parks, trails, shopping centres, grocery stores, and easy access to Major Highways & Yonge Street. A rare opportunity to own a fully renovated, move-in-ready detached home in one of Richmond Hill's most sought-after family communities. Don't miss this one.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date4/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size39.37 × 109.91 Feet
CountyYork
Annual Tax$5,837.11
Legal DescriptionLOT 14, PLAN 65M3271, RICHMOND HILL

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake/Pond, Park, Public Transit, Rec./Commun.Centre, School, Electric Car Charger

Interior Features

Other

Security Features

Community Features

Location

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81 Old Colony 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 81 Old Colony Road, Richmond Hill, ON L4E 3X2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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 Rate5.25%
Down Payment$270,000 (20.0%)
* Minimum Canadian down payment required for this price is $270,000.
Amortization Period25 Years
Estimated Monthly Payment$6,436Based on a loan of $1,080,000 over 25 years.
Purchase Price$1,350,000
Loan Amount$1,080,000
Provincial Land Transfer Tax:$23,475
Total Estimated Closing Taxes:$23,475

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,350,000 in Richmond Hill, the legal minimum down payment is $270,000 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 $23,475 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 $23,475.

Nearby Listings

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No current listings found in Richmond Hill.

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City & 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$1,616,452

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%

Local Schools Guide

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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Homes & Housing

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.