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Oak Ridges Lake Wilcox, Richmond Hill
$4,179,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 5000 + sq. ft. |
| Property Tax | $20,887 |
| Lot Size | 125.88 ft x 303.73 ft |
| mls© Number | N13700502 |
| Listed By | RIGHT AT HOME REALTY |
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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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