A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 127 Lake Ave, Richmond Hill Ontario L4E 3G5
6 hours on Market

127 Lake Ave, Richmond Hill, Ontario L4E 3G5

Detached
3 + 1
2
~700-1100 sqft
$1,215,000
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$12,150Cashback
Detached
3 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$1,420/sqft

Monthly cost

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CMA Subject Property

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+20

Properties sold*

$1.7M

Median sold price*

*Based on last 30 days

Description

Prime Oak Ridges location! Exceptional 50 ft x 265.42 ft lot situated just steps from Yonge Street and Lake Wilcox. Surrounded by multi-million-dollar custom homes, this property offers outstanding potential for builders, investors, or those looking to construct a dream home in a high-demand neighborhood. Close to parks, schools, trails, transit, and all amenities. Rare opportunity in one of the most desirable areas of Oak Ridges.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size13,271 SqFt(265.42 x 50)
Parking Spaces6
MLS ®NumberN12571346
Community NameOak Ridges
Data SourceTRREB
Listing byHOMELIFE LANDMARK REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance

Features

Lot size: 13,271 SqFt
Pool: On Ground

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

Nov 24, 2025
ListedActive
$1,215,000
6 hours on market
history photo preview33
Listing by trreb®

Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

26 days

2023

22 days

2022

17 days

New Listings

Past 30 days

60 listings

Compared to

2024

46 listings

2023

46 listings

2022

33 listings

Units sold

Past 30 days

16 units

Compared to

2024

20 units

2023

13 units

2022

19 units

Median Sold Price

Past 30 days

$1,445,000

Compared to

2024

$1,747,500

2023

$1,900,000

2022

$1,800,000


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
20 to 34
16%
35 to 49
23%
50 to 64
23%
65 and plus
12%

Household composition (%)

Single family
83%
Single person
13%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
51%
Mandarin
11%
Iranian Persian
10%
Yue (Cantonese)
6%
Russian
6%
Italian
5%
Arabic
2%
Korean
1%
Spanish
1%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget