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New3 days ago

365 Old Colony Road

Oak Ridges Lake Wilcox, Richmond Hill

$1,590,000

Detached|2-Storey
4 | 4 | 6
About this home

Rare Corner Lot Backing Directly Onto Oak Ridges Conservation! Nestled in the highly sought-after Oak Ridges / Lake Wilcox community, this sun-filled residence offers nearly 4,000 sq. ft. of total luxury living space. Situated on one of the largest corner lots on the street, this impressive home backs directly onto the Oak Ridges Trail and Conservation Reserve, providing unblocked, year-round nature views and exceptional privacy. The main residence boasts a spacious 2,800 sq. ft. floor plan featuring 4 oversized bedrooms and a bright, light-filled kitchen with a breakfast area that walks out to a raised deck. The outdoor oasis is built for entertaining, showcasing a massive flagstone patio, a premium modern gazebo, two storage sheds, professionally manicured landscaping, and a charming secret garden. The fully finished 1,000+ sq. ft. lower level is an entertainer's dream, complete with a sprawling recreation/game room equipped with a large TV and sound system(included!), a sleek wet bar, an additional bedroom, a 3-piece bath, a cold room, and abundant storage space. Unbeatable location-steps from Bond Lake Public School, school bus pickup routes, and YRT transit. Just minutes to Lake Wilcox Park, Oak Ridges Community Centre, Gormley and Bloomington GO Stations, and Highway 404 for effortless commuting. A rare balance of nature and urban convenience! Note: Offered with existing appliances included in 'as-is' condition.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,137
Lot Size65.62 ft x 96.86 ft
mls© NumberN14020386
Listed ByCENTURY 21 KENNECT REALTY

Listing History

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  • 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%
$8,138
Property tax
$595
Heat allowance
$150
Housing costs
$8,883 / mo

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

Down payment20% · $318,000
25-yr amortization

Income needed

$273,000

gross annual household income

Payment at 4%
$6,691 / mo
Cash down
$318,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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