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New8 hours ago

81 Old Colony Road

Oak Ridges Lake Wilcox, Richmond Hill

$1,288,000

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

Space to grow, upgrades to enjoy and a location designed for family living, this spacious 4- bedroom detached home offers over 2,600 sq. ft. of total living space in the sought-after Oak Ridges community. Freshly painted and filled with natural light, the home features spacious principal rooms and a practical layout for everyday living and entertaining. At its heart is a renovated kitchen with marble countertops, modern cabinetry and an open-concept design that connects naturally with the surrounding living spaces. 9ft ceilings featured on the main and second floors. The finished basement provides valuable additional space for an additional bedroom, in law suite, recreation room, home office, gym or guest area, along with custom his-and-hers closets. Outside, the professionally upgraded backyard patio and outdoor lighting create an inviting setting for summer dining, entertaining and relaxed evenings at home. Conveniently located near Bond Lake Recreation Centre and its year-round recreation and community activities, as well as Lake Wilcox, parks, trails, schools, shopping, Yonge Street and major commuter routes. Move in and enjoy the meaningful upgrades already completed, with the flexibility to add your own style over time. An exceptional opportunity to own a spacious detached home at outstanding value in one of Richmond Hill's most family-friendly communities.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,837
Lot Size39.37 ft x 109.91 ft
mls© NumberN14084920
Listed ByRIGHT 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%
$6,593
Property tax
$486
Heat allowance
$150
Housing costs
$7,229 / mo

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

Down payment20% · $257,600
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,420 / mo
Cash down
$257,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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