3 days on Market

246 Douglas Rd, Richmond Hill, Ontario L4E 3H4

Detached
4 + 1
2
~1500-2000 sqft
$2,999,000
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Detached
4 + 1
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$1,749/sqft

Monthly cost

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CMA Subject Property

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+16

Properties sold*

$1.5M

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size48,174 SqFt(651 x 74)
Parking Spaces12
MLS ®NumberN12360724
Community NameOak Ridges
Data SourceTRREB
Listing byREAL WORLD REALTY INC.

Features

Heating: Forced Air
Fireplace
Basement: Part Fin

Bsmt Floor

Utility

6.0 x 3.8

Family

6.9 x 4.6

Wood Stove / Above Grade Window

5th Br

6.0 x 4.8

Broadloom / Above Grade Window


Features

Lot size: 48,174 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

Aug 23, 2025
ListedActive
$2,999,000
3 days on market
history photo preview49
Listing by trreb®

Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

32 days

2023

11 days

2022

10 days

New Listings

Past 30 days

66 listings

Compared to

2024

59 listings

2023

36 listings

2022

39 listings

Units sold

Past 30 days

22 units

Compared to

2024

16 units

2023

13 units

2022

10 units

Median Sold Price

Past 30 days

$1,542,500

Compared to

2024

$1,542,500

2023

$1,590,000

2022

$1,501,000


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
20 to 34
16%
35 to 49
23%
50 to 64
23%
65 and plus
12%

Household composition (%)

Single family
83%
Single person
13%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
51%
Mandarin
11%
Iranian Persian
10%
Yue (Cantonese)
6%
Russian
6%
Italian
5%
Arabic
2%
Korean
1%
Spanish
1%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget