$3,499,000 - 429 North Lake Road, Richmond Hill
Detached for Sale in Richmond Hill
110 days on market- MLS Number
- N12830288
- Property Type
- Detached
- Status
- active
- Days on Site
- 110
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RIGHT AT HOME REALTY
Backing Onto Lake Wilcox w/South Exposure, This Custom-built Detached House in Richmond Hill , Large Lot 49.21*232 Feet ,Rarely Offered A Private 10 Meter Long Deck Full Access to Lake Wilcox ! Motorized Boats & Planes Allowed On Lake, Stone Exterior, Tandem 3 Gar Garage, with Long Interlocking Driveway Parking 6 Cars. $$$ Spent on Recent Renovations, Unique Floor Plan of almost 3400 Finished Above Grade Square Feet Boasts an Expansive Open-concept Layout ,16 Ceiling Living Room on Main, Framed by Floor-to-Ceiling Windows and Anchored by Elegant Granite Fireplaces, 10.5' on Between that includes one Lovely Bedroom, a Gourmet Kitchen W/High End Built-in Appliances, Modern Custom Cabinets, Valance Lighting, Fantastic Dining Room & Family Room w/Overlooking Garden & Lake. Upper, Primary Bedroom w/Brand New Modern Ensuite , Walkout to Balcony ,2 Guests Bedroom, Large Sitting Area Drag In a Bunch of Lights through Skylight. Fin. W/O Above Grade Bsmt with 1 New Full Kitchen, 1 Great Room, 2 Rooms. Quality Materials Used Throughout and a Comprehensive Alarm and Video Surveillance System. Outside: Professional Landscaping, Generous Patio, A Garden Kids Slide Set ,Direct access to Lake Wilcox .House is Virtually Staged!Very Convenient idyllic location , Close To Park, Trails, Schools & Public Transportation , Minutes Away From Yonge St, Bayview Ave, Hwy 404, Etc.
Estimate your monthly payments for this property
Estimated Payment
$15,477.26/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.
429 North Lake 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
Premium Pricing
At $1750/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 110 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.
Excellent Flexibility
With 6 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 4 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 $14,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.