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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N14110502For SaleFreehold Townhouse

23-56 North Lake Rd

Oak Ridges Lake Wilcox, Richmond Hill, Ontario L4E 0G5

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23-56 North Lake Rd, Richmond Hill, photo 1
Asking$949,888
Bedrooms
3
Bathrooms
3
Size
1,500–2,000sq ft
Per sq ft
$543at the range’s middle
Lot
17.06 x 110 ft
Tax a year
$4,1272026 tax year
Parking
31 attached
Days on market
Members

The brief

About 23-56 North Lake Rd

23-56 North Lake Rd is a 3-bedroom, 3-bathroom freehold townhouse in Oak Ridges Lake Wilcox, Richmond Hill, listed for sale at an asking price of $949,888 (MLS® N14110502).

Welcome To This Beautifully Renovated Bright & Spacious Freehold Townhome, Ideally Situated In One Of Richmond Hill's Most Sought-After Neighbourhoods. Designed With Modern Living In Mind, The Open-Concept Main Floor Features 9-Foot Smooth Ceilings, Hardwood Flooring And A Functional Layout Perfect For Both Everyday Living And Entertaining. The Kitchen Is Equipped With Stainless Steel Appliances, Quartz Countertops, Backsplash And Offers A Walk-Out To A Zero Maintenance Turf Backyard. No Mowing, Just Enjoy The Space. You Also Have Direct Access To The Garage And Basement From Within The Home, Along With A Second-Floor Laundry Room. Upstairs, The Spacious Primary Bedroom Features A Walk-In Closet And A Private 3-Piece Ensuite. The Finished Basement Provides Additional Living Space With A Large, Open Recreation Area-Ideal For A Family Room, Playroom, Home Gym Or Entertaining Space. Potential To Be Converted Into A Self-Contained Apartment With A Separate Entrance & Rough-In For A Kitchen. Enjoy An Exceptional Location Surrounded By Everyday Conveniences, Including Grocery Stores, Restaurants, Cafés, Top Rated Schools, A Community Centre With Pool Facilities, Transit And Scenic Walking Trails. Parks, Golf Courses And Beautiful Lake Wilcox Are Just Moments Away, While Gormley GO Station Is Approximately A 10-Minute Drive. A Fantastic Opportunity To Enjoy Comfortable Family Living In An Outstanding Richmond Hill Community!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,278/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 28 townhouses with 3 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,127 / 2026
MLS® number
N14110502
Board
TRREB MLS®
Property Type
Att/Row/Twnhouse
Days on market
Size
1500-2000 sqft
Lot Size
17.06 x 110 ft
Listed on
Parking
1 Attached, 3 Parking
Listing brokerage: RE/MAX REALTRON REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Att/Row/Twnhouse
Style
2-Storey
Community
Oak Ridges Lake Wilcox
Municipality
Richmond Hill

Building

Size
1500-2000 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 2pc Main
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
2
Total Parking
3

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
17.06 ft
Depth
110 ft
Lot Size
17.06 x 110 ft

Additional

Foundation
Concrete
Roof
Shingles
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Stainless Steel Appliances: Fridge, Stove, Over The Range Hood/Micro, Built-In Dishwasher. Washer & Dryer. All Window Coverings. All Electrical Light Fixtures. Cvac & Attachments. Roof(2021). All Appliances, Kitchen, Windows, Floors, Stairs, Master Bathroom & Basement(2019). Backyard Turf(2020)

Rooms

RoomSizeFeaturesLevel
Living4.0 × 4.02 mOpen Concept, hardwood floor, W/O To YardMain
Dining3.96 × 4.02 mCombined W/Kitchen, hardwood floor, Open ConceptMain
Kitchen3.96 × 4.02 mStainless Steel Appl, Quartz Counter, BacksplashMain
Primary3.21 × 7.47 mW/I Closet, Pot Lights, 3 Pc Ensuite2nd
2nd Br1.44 × 3.01 mCloset, Large Window2nd
3rd Br2.34 × 3.22 mCloset, Large Window2nd
Rec4.98 × 7.51 mPot Lights, Laminate, Open ConceptBsmt

Listing history

Buy/sell history for 23-56 North Lake Rd, Richmond Hill, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$949,888N/AFor SaleN14110502

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $189,978

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$189,978
Total mortgage amount
$759,910
Total interest payment
$540,290
Total purchase cost
$1,490,178
Mortgage payment
$4,334/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

44%

Monthly carrying cost

$4,678
−$1,278per month
  • Rent $3,400
  • Shortfall $1,278

Rental income opens at $3,400, the median asking rent of 28 comparable homes for lease in Richmond Hill. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$15,473
Total land transfer tax
$15,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$11,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $949,888
$10,998
Ontario total
$15,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
1,877 sq ft174 m²
Street frontage
17.06 ft5.2 m
Depth
110 ft33.5 m
17.06 × 110 ftNORTH LAKE RD

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 7 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaA mapped wetland is within 120 m4 water-supply wells recorded within 250 mGroundwater recorded about 16.8 m below ground nearbyInside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)No licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 100 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
  • 4 water-supply wells recorded within 250 m1 of them were drilled for domestic use; 13 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.250 m
  • Groundwater recorded about 16.8 m below ground nearbyThe middle water level in the well records within 500 m (91 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity1

  • Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Townhouses for sale in Oak Ridges Lake Wilcox right now

For sale now
12
Median asking price
$1.02M

Middle half: $907K to $1.16M

New in 7 days
1

9 in 28 days

Price cuts
17%

2 listings

This home is asking 7% below the median.

See all homes in Oak Ridges Lake Wilcox

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Yonge / KingYRT bus rapid transit: Viva Blue350 m
Yonge St / Regatta AvYRT bus rapid transit: Viva Blue500 m
Yonge / BloomingtonYRT bus rapid transit: Viva Blue1.7 km
Yonge / Jefferson SideroadYRT bus rapid transit: Viva Blue2.8 km
Gormley GOGO Transit train: Richmond Hill4.4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Académie de la MoraineConseil scolaire ViamondeFrench-language public · grades JK–6300 m87%Grade 6 average
Our Lady of the Annunciation Catholic Elementary SchoolYork CDSBCatholic · grades JK–8700 m68%Grade 6 average
Oak Ridges Public SchoolYork Region DSBPublic · grades JK–81.3 km67%Grade 6 average
Lake Wilcox Public SchoolYork Region DSBPublic · grades JK–81.5 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Cardinal Carter Catholic Secondary SchoolYork CDSBCatholic · grades 9–121.9 km69%Grade 9 math
ÉSC RenaissanceConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–122.7 km87%Grade 9 math
ACCESS ProgramYork Region DSBPublic · grades 9–124.8 km—
Richmond Hill High SchoolYork Region DSBPublic · grades 9–125.1 km81%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Oak Ridges Lake Wilcox are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record