$1,660,000 - 66 Lakeland Crescent, Richmond Hill
Detached for Sale in Richmond Hill
104 days on market- MLS Number
- N12856078
- Property Type
- Detached
- Status
- active
- Days on Site
- 104
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Walking Distance To Lake Wilcox! Welcome To 66 Lakeland Cres, A Fully Renovated Side-Split 4 Home Set On A Rare & Expansive 96 X 165 Ft Premium Lot, Just 1.6km From Lake Wilcox In One Of The Best Lakeside Communities In The GTA! A Legal 800 Sq Ft Addition Completed In 2012 Significantly Enhances The Home's Living Space & Functionality. In A City Where Land Is Increasingly Scarce, This Property Offers The True Luxury Of Space, Privacy & Nature-Connected Living Without Giving Up Urban Convenience! The Home Features A Flexible Multi-Level Layout That Lives Larger Than It Appears, Ideal For Growing Families Or Downsizers Seeking Comfort Without Compromise. The Sun-Filled Main & Upper Levels Showcase Hardwood Floors, An Open-Concept Living & Dining Area, Two Skylights & Oversized Bay Windows. A Fully Renovated Quartz Kitchen With High-End Stainless Steel Appliances, Custom Cabinetry & A Breakfast Bar Anchors The Living Space. The Main-Floor Primary Bedroom Includes A Fireplace & A 5-Piece Ensuite, While 3 Additional Bedrooms Provide Ample Space For Family Or Guests. The Fully Finished Lower Level With 2 Separate Staircases Offers Excellent Versatility With Recreation Space, A Wet Bar, Multiple Washrooms & Generous Storage. Over $200k Has Been Invested In Upgrades Including New Flooring, Updated Wiring And Electrical Panel, Modern Glass Staircase Railings, Pot Lighting, Built-In Speakers, Central Vacuum & Fresh Paint Throughout. Multiple Walkouts Lead To An Oversized Deck Overlooking Mature Trees And Ravine Views, Creating A Peaceful Backyard Retreat Where Long-Term Value Is Rooted In The Land Itself. Minutes From Lake Wilcox, Trails, Parks, Top-Rated Schools, The Oak Ridges Community Centre, Golf Courses, And Yonge Street Amenities, This Home Delivers A Rare Balance Of Natural Serenity And City Living. Must See!
Estimate your monthly payments for this property
Estimated Payment
$7,342.74/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.
66 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
Fair Market Value
At $830/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 104 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 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 $6,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.