$1,140,000 - 379 Old Colony Road, Richmond Hill
Semi-Detached for Sale in Richmond Hill
108 days on market- MLS Number
- N12762394
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Privacy, space, and location come together effortlessly inside this exceptional semi-detached residence located in the centre of the coveted Lake Wilcox neighbourhood. Situated on a premium corner lot, it offers nearly 1,900 square feet of functional floorplan plus finished basement that provides an amazing addition to the living space. Rich, dark-stained hardwood floors span both the main and second levels, grounding the home in warmth and timeless style. The thoughtfully laid-out living and dining areas are generous yet inviting, ideal for everyday living and easy entertaining. At the centre of the home, the modern renovated kitchen pairs function with polish, featuring quartz counters, custom backsplash, stainless steel appliances & ample cabinetry, plus sunny breakfast area with walkout to the lovely yard. Step outside to a private deck and expansive yard-perfect for summer dinners, kids at play, or quiet mornings with coffee. Rounding off the incredible main floor is a cozy family room anchored by gas fireplace- creating the perfect space to unwind. Upstairs, three well-proportioned bedrooms offer comfort and flexibility for your entire family. A serene primary suite boasts an ample walk in closet & 5PC ensuite with new shower & quartz counters, while each secondary bedroom comes with a double closet & large windows for tons of natural light. Convenient second floor laundry tops off this perfectly laid out level. The finished basement extends your living space with a spacious recreation room, an additional bedroom, abundant storage, bathroom rough-in & potential for separate entrance through the garage. All of this is set in one of Oak Ridges' most coveted communities-steps to Lake Wilcox, winding trails, parks, top-rated schools, and lots of everyday amenities. This home isn't just a smart move-it's a chance to secure space, location, and long-term value in a neighbourhood people line up to call home.
Estimate your monthly payments for this property
Estimated Payment
$5,042.60/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.
379 Old Colony Road, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $760/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.
Negotiation Opportunity
At 108 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.