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For saleMLS® N13682022

197 Douglas Road, Richmond Hill, ON L4E 3H5

Oak Ridges Lake Wilcox · L4E 3H5

$1,930,000

$965 / sq ft

2 months on market

Bedrooms
5
Bathrooms
4
Interior
2,000 sf
Parking
8
Lot
55.92 × 287.61 ft

What's special

  • Built-in garage
  • Finished basement
  • Fireplace

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About this property

Attention Developers, Builders & Investors! Rare Oversized Lot in Prime Richmond Hill ,Incredible opportunity to own an oversized 55 x 287 ft lot in one of Richmond Hills most desirable areas steps from Lake Wilcox. This property offers dual potential: Build your dream home now Unlock rear lot development as part of a future back-lot subdivision opportunity. Existing Home Features: Spacious 5-bedroom home, Finished basement with separate entrance ideal for in-law suite or rental income, Surrounded by mature trees and nature. Just a short walk to Sunset Beach and Lake Wilcox Whether you're looking to build now or land bank for future development, this is a rare find with huge upside in a high-demand neighborhood.

Rooms

10 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Family RoomMain—Hardwood Floor
Living RoomMain—Hardwood Floor
KitchenMain—Ceramic Floor
Primary BedroomSecond——
Bedroom 2Second——
Bedroom 3Second——
Bedroom 4Second——
Bedroom 5Second——
RecreationBasement——
KitchenBasement——

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
5
Bathrooms
4
Interior size
2,000 sq ft
Lot size
55.92 × 287.61 ft
Possession
TBA

Interior

Basement
Finished
Heating
Forced Air · Gas
Cooling
Other
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick
Garage
Built-In
Parking spaces
8
Sewer
Sewer

Costs

List price
$1,930,000
Property taxes
$7,716 / year (2025)
Price per sq ft
$965

Listing

MLS® number
N13682022
Status
For sale
Listed
August 17, 2026
Days on market
80
Last updated
August 17, 2026
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 73% of comparable detached listings in Oak Ridges Lake Wilcox are asking less.

$976KMedian $1.48M$2.90M
This home
$965 / sq ft
Comparable median
$742 / sq ft

Based on 48 comparable active detached listings in Oak Ridges Lake Wilcox. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $386,000
$386,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$8,537.04
Property tax (est.)
$643.00
Estimated monthly
$9,180

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$35,075
Total due on closing
$35,075

An estimate on the asking price of $1,930,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REMAX YOUR COMMUNITY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,930,000

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