56 Sylvan Crescent
Oak Ridges Lake Wilcox, Richmond Hill
$798,800
ATTENTION BUILDERS, INVESTORS & END USERS A RARE OPPORTUNITY! Discover an exceptional offering in one of Richmond Hill's most desirable locations, nestled in the heart of Oak Ridges near Lake Wilcox. This premium property features an impressive 50- foot frontage, presenting outstanding potential for end users, builders, or investors alike.Enjoy stunning partial lake views from the second floor and the convenience of being within walking distance to beautiful Lake Wilcox. Residents can take full advantage of the vibrant lifestyle and amenities at Lake Wilcox Park, including a canoe club, waterfront access, splash pad, and a variety of year-round recreational activities.An existing survey is available, adding further value and convenience for future planning.A truly rare opportunity to own in a prestigious lakeside community-offering lifestyle, location, and long-term potential all in one.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,562 |
| Lot Size | 50 ft x 104 ft |
| mls© Number | N12714846 |
| Listed By | THE AGENCY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,089
- Property tax
- $380
- Heat allowance
- $150
- Housing costs
- $4,619 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,361 / mo
- Cash down
- $159,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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