63 days on Market

197 Douglas Rd, Richmond Hill, Ontario L4E 3H5

Land
-
-
~15785 sqft
$2,688,800
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Land
-
-
~15785 sqft

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Highlights

Property Estimate

Days on market63 days

Estimated valueNot available

Price/Sqft$170/sqft

Monthly cost

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CMA Subject Property

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+21

Properties sold*

$1.6M

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleDesignated
View-
Age of property-
SqFt~15785 SqFt
Lot Size16,083 SqFt(287.61 x 55.92)
Parking Spaces-
MLS ®NumberN12145821
Community NameOak Ridges
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 16,083 SqFt

Property History

May 14, 2025
ListedActive
$2,688,800
63 days on market
history photo preview15
Listing by trreb®

Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Strong Buyer's Market

View Market Data

Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

14 days

2023

20 days

2022

19 days

New Listings

Past 30 days

110 listings

Compared to

2024

105 listings

2023

88 listings

2022

72 listings

Units sold

Past 30 days

27 units

Compared to

2024

21 units

2023

33 units

2022

33 units

Median Sold Price

Past 30 days

$1,205,000

Compared to

2024

$1,620,000

2023

$1,610,000

2022

$1,500,000


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