20 Dunn Drive, Richmond Hill

Price: $2,429,000

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: New Construction

MLS#: N12999368

Exceptional 5-Year-New Custom-Built Luxury Residence On A Quiet, Prestigious Street In Oak Ridges, Offering Superior Italian Craftsmanship, Thoughtful Design, And Turn-Key Living. Featuring 10 Ft Ceilings On The Main Floor, 9 Ft Upper And Lower Levels, Solid 8 Ft Doors, Full Spray Foam Insulation, And Extensive High-End Finishes Throughout. The Home Offers A Bright, Functional Layout With A Designer Chef's Kitchen, Elegant Family Room, And Multiple Spacious Bedrooms Including A Luxurious Primary Retreat And A Secondary Ensuite Suite, Ideal For Family Or Multi-Generational Living. A Fully Finished Walk-Up Basement With Heated Floors Provides Exceptional Versatility For Recreation Or Extended Living. Meticulously Upgraded And Maintained With Premium Mechanical Systems, Integrated Technology, And Quality Craftsmanship. Located In One Of Richmond Hill's Most Sought-After Communities, Surrounded By Luxury Homes, Steps To Parks, Trails, And Community Centre, Minutes To Lake Wilcox, Top-Ranked Schools, Yonge Street, GO Transit, Hwy 404, Shopping, Dining, And Everyday Amenities. A Rare Opportunity To Own A Modern Luxury Home In A Prime Family-Oriented Neighbourhood.

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$2,429,000 - 20 Dunn Drive, Richmond Hill

New Construction for Sale in Richmond Hill

60 days on market

Neighbourhood: Oak Ridges Lake Wilcox

7Beds
5Baths
3,000 - 3,499Sq Ft
New Construction
Property Details
MLS Number
N12999368
Property Type
New Construction
Status
active
Days on Site
60
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
SMART SOLD REALTY
Description

Exceptional 5-Year-New Custom-Built Luxury Residence On A Quiet, Prestigious Street In Oak Ridges, Offering Superior Italian Craftsmanship, Thoughtful Design, And Turn-Key Living. Featuring 10 Ft Ceilings On The Main Floor, 9 Ft Upper And Lower Levels, Solid 8 Ft Doors, Full Spray Foam Insulation, And Extensive High-End Finishes Throughout. The Home Offers A Bright, Functional Layout With A Designer Chef's Kitchen, Elegant Family Room, And Multiple Spacious Bedrooms Including A Luxurious Primary Retreat And A Secondary Ensuite Suite, Ideal For Family Or Multi-Generational Living. A Fully Finished Walk-Up Basement With Heated Floors Provides Exceptional Versatility For Recreation Or Extended Living. Meticulously Upgraded And Maintained With Premium Mechanical Systems, Integrated Technology, And Quality Craftsmanship. Located In One Of Richmond Hill's Most Sought-After Communities, Surrounded By Luxury Homes, Steps To Parks, Trails, And Community Centre, Minutes To Lake Wilcox, Top-Ranked Schools, Yonge Street, GO Transit, Hwy 404, Shopping, Dining, And Everyday Amenities. A Rare Opportunity To Own A Modern Luxury Home In A Prime Family-Oriented Neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,744.29/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,943,200Interest: $1,280,086
Mortgage Amount$1,943,200
Total Interest$1,280,086
Est. Property Tax$1,721/mo
Total Cost$3,223,286

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.

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Neighbourhood Guide: Oak Ridges Lake Wilcox

Discover Oak Ridges Lake Wilcox

Oak Ridges Lake Wilcox 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 Oak Ridges Lake Wilcox

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Oak Ridges Lake Wilcox 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.

70
Walk Score
Varies
Price Range

20 Dunn Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,721
Insurance (est.)-$506
Net Cash Flow+$2,773

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $810/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 60 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Larger Home Realities

At 3,000 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 5 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.

About Oak Ridges Lake Wilcox

I know Oak Ridges Lake Wilcox well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    20 Dunn Drive, Richmond Hill — $2,429,000 | Battaglia Team