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101 OLD COLONY ROAD, Richmond Hill (Oak Ridges Lake Wilcox) — listed at $988,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare opportunity in the highly sought-after Lake Wilcox community. This spacious detached bungalow offers the convenience of one-level living in one of Richmond Hill's most desirable neighbourhoods.Featuring 9-ft ceilings, hardwood and ceramic flooring, a bright and functional layout, and a large great room open to the kitchen, this home is ideal for both everyday living and entertaining. The well-designed floor plan includes 2 generous bedrooms, 2 bathrooms, main floor laundry with direct garage access, and a separate entrance to the unfinished basement, offering excellent potential for additional living space, an in-law suite, or future customization.Situated on a mature lot in a quiet, family-friendly neighbourhood, this home is just steps from Lake Wilcox, parks, trails, schools, community amenities, shopping, and transit.Whether you're looking to downsize, invest, or create your dream home in a prime location, this is a fantastic opportunity to own in the desirable Oak Ridges community. 2 hours notice on showing requests. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Ground level | 3.01 x 1.88 meters |
| Living room | Ground level | 4.24 x 3.42 meters |
| Laundry room | Ground level | 2.36 x 1.74 meters |
| Kitchen | Ground level | 2.72 x 2.82 meters |
| Great room | Ground level | 6.32 x 3.62 meters |
| Primary Bedroom | Ground level | 4.54 x 3.36 meters |
| Bedroom 2 | Ground level | 3.42 x 2.92 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What's the parking situation?+
This property includes 5 spaces — Attached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,041, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Who is 101 OLD COLONY ROAD best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Could this work as an investment property?+
The basement description mentions: Partially finished, Full, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Richmond Hill (Oak Ridges Lake Wilcox) before counting on it.
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