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Listed 16 days ago

88 Lakeland Crescent

Oak Ridges Lake Wilcox, Richmond Hill

$1,195,000

Detached|Sidesplit
3 | 2 | 8
About this home

This beautiful side-split sits on an extraordinary 111 ft x 153/137 ft double-wide lot, siding onto tranquil greenspace with only one neighbour and a babbling brook running through the backyard - a truly rare blend of nature, privacy, and space. Just steps to Lake Wilcox in one of the area's most coveted lakeside communities, close to parks, schools and amenities, this property offers exceptional width, seclusion, and endless possibilities... Whether enjoying the home as it is, planning a future addition, exploring redevelopment, or simply maximizing the scale and setting, the long-term value is outstanding. The updated home features 3 bedrooms, 2 full bathrooms, and a functional open-concept layout and is flooded with natural light. The lovely updated kitchen with stainless appliances provides ample storage and large windows overlooking the backyard and creek, where you can watch ducks float by as you cook. Upstairs, the king-size primary bedroom is joined by two inviting bedrooms and a generous, updated main bath. The renovated lower level includes a separate entrance, new flooring, pot lights, a 3-piece bathroom, laundry room, and a crawlspace for storage. A double-car garage includes a rear roll-up door with garden access - perfect for boaters - plus a spacious standalone workshop heated with a wood stove and offering impressive ceiling height. The massive backyard features a charming gazebo, and brick sitting area. A remarkable opportunity in an established, highly desirable neighbourhood. Don't miss this special lakeside living offering!

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,105
Lot Size111.09 ft x 153.84 ft
mls© NumberN13585548
Listed ByRE/MAX HALLMARK ESTATE GROUP REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,117
Property tax
$592
Heat allowance
$150
Housing costs
$6,859 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $239,000
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,029 / mo
Cash down
$239,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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