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Attention Developers, Builders & Investors! Rare one acre lot by Lake Wilcox, Prime development opportunity in Richmond Hill featuring a bungalow on a rare oversized lot with 73.81 feet of frontage and 651 feet of depth, extending to the Lake Wilcox channel, totaling 0.997 acres. This exceptional parcel is ideal for custom home builders, developers, or land bankers, offering unmatched potential in the prestigious Oak Ridges Lake Wilcox community. Adjacent to Lake Wilcox, this rare lakeside property invites you to build your dream home now, surrounded by mature trees and nature, or pursue rear lot development as part of a future back-lot subdivision. Located just 10 minutes to Gormley GO Station and Hwy 404, and steps from Yonge Street and neighboring custom-built homes, the property sits in a superior luxury urban area with high-end developments nearby. This is the only opportunity in the neighborhood offering this size and scope, with an eye-catching lot that promises unmatched privacy, natural beauty, and long-term value. Whether you're envisioning a private estate or a multi-unit development, this is a fantastic investment with many possibilities. Don't miss your chance to secure this rare-find in one of Richmond Hills most coveted lakeside communities.
City: Richmond Hill
Neighborhood: Oak Ridges Lake Wilcox
Purchase Price | $2999000 |
Down Payment | $599800 |
Mortgage Insurance | $0 |
Total Mortgage | $2399200 |
Mortgage Payment | $14784 |
Property Taxes | $742 |
Maintenance Fees | $0 |
Monthly Payment | $15526 |
Sold Comparables homes near 246 Douglas Rd, Richmond Hill
Located at 246 Douglas Rd , this Richmond Hill house is available for sale. This property was listed for $2,999,000 on Mon Aug 25 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, 4th Br, Family, 5th Br, Utility. This property comes with 12 parking spots. 246 Douglas Rd, Richmond Hill is situated in the Oak Ridges Lake Wilcox neighbourhood.
MLS#: N12360724 · $2,999,000 · 4 bedroom house in Oak Ridges Lake Wilcox, Richmond Hill