$1,899,000 - 129 Lakeland Crescent, Richmond Hill
Detached for Sale in Richmond Hill
- MLS Number
- N13148070
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 5,199 sqft
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
Your Clients will fall in-LOVE with this immaculate *5+2 large bedrooms & 6 Washrooms* Lake Wilcox custom built Executive 2 story Detached Home. Welcome to Beautiful Lake Wilcox Community, This gorgeous house is 5 minutes walking distance to Lake Wilcox. Coffered Ceiling throughout the house, New custom Entry Door with touch key pad code 2023 (NO KEYS NEEDED) New upper Laundry with *PERMIT* separate entrance SE 2025, New Flooring extra wide Waterproof Laminate Sep 2025, New Kitchen with waterfall large center Island Oct 2025, new built In S/S Appliances Sep 2025, New basement Laundry room with new Washing machine & new Dryer Sep 2025, New Basement 8x11 Marble Slab wall Entertainment Sep 2025. New Furnace Aug 2025, New AC Aug 2025, New large Water Tank Aug 2025, New triple heavy duty sump pump with Marine backup alarm Sep 2025, New 4" pipe basement to Curb Sep 2025, ****THIS IS THE ONLY HOUSE ON LAKELAND CRES WITH CITY OF RICHMOND HILL VARIANCE ALLOWED AND CONNECTED TO CITY BASIN SYSTEM OCT 2025*** Absolutely amazing house with too many items to list, your family will make unforgettable memories in this 5+2 bedrooms. come visit and enjoy. 10" Ceiling on Main & Second Floor, 9" ceiling in Basement, feels like main floor & very bright with many windows.
Estimate your monthly payments for this property
Estimated Payment
$8,399.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Richmond Hill
Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Richmond Hill
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
129 Lakeland Crescent, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $543/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.