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Listed 11 days ago

566 Sunset Beach Road

Oak Ridges Lake Wilcox, Richmond Hill

$4,179,000

Detached|2-Storey
6 | 6 | 8
About this home

Discover the potential for luxury at 566 Sunset Beach Road, a prime property on the prestigious south side of Lake Wilcox. Currently home to a charming older family residence with Tudor facade, this .75 acre lot offers breathtaking Lake Wilcox views from most rooms and private lake access across the 131 foot owned lake frontage, setting the stage for a future multi-family luxury estate. Nestled in one of Richmond Hills' most desireable neighbourhoods within the GTA, this location provides easy access to land and water sports without the long commute north, perfect for a lifestyle of relaxation and recreation across all four seasons. The existing home, originally a builder's showcase, has been lovingly maintained by the current owners for 27 years. In addition to the 4 or 5 bedroom main home, it features a 2 or 3 bedroom suite above the 3-car garage, ideal for extended family or caregiver plus a lower level self contained 1-bedroom nanny suite with living/dining, kitchen, bed & bath. Additionally, there is a large recreation room with wood-burning fireplace and a walk-out to ground-level swim-spa, gazebo, dry boathouse, firepit and dock. The south side of Lake Wilcox is celebrated for its sandy, shallow access, offering a superior experience compared to the north. Set high above manicured landscaping, this property provides a serene retreat even during nature's most intense storms. Noted as the the property with one of the widest individual lake frontages and with R3/N1 zoning, it presents endless possibilities for future customization and even allowing you to create a contemporary luxury home that reflects your vision. Explore the listing pictures, but for the ultimate experience, schedule a private tour to truly feel the potential of your next home at 566 Sunset Beach Road.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size5000 + sq. ft.
Property Tax$20,887
Lot Size125.88 ft x 303.73 ft
mls© NumberN13700502
Listed ByRIGHT AT HOME REALTY

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$21,390
Property tax
$1,741
Heat allowance
$150
Housing costs
$23,281 / mo

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

Down payment20% · $835,800
25-yr amortization

Income needed

$716,000

gross annual household income

Payment at 4%
$17,586 / mo
Cash down
$835,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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