10 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

Estimated ValueNot available

Price/Sqft$170/sqft

Est. Mortgage$11,547/mo

Tax Amount (2025)$7,716/yr

Days On Market10 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
10 days on market
history photo preview15
Listing by trreb®
Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage

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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

22 days

Compared to

2024

11 days

2023

15 days

2022

10 days

New Listings

Past 30 days

98 listings

Compared to

2024

114 listings

2023

58 listings

2022

101 listings

Units sold

Past 30 days

19 units

Compared to

2024

33 units

2023

41 units

2022

27 units

Median Sold Price

Past 30 days

$1,230,000

Compared to

2024

$1,519,000

2023

$1,501,800

2022

$1,725,000


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
50 to 64
23%
35 to 49
23%
20 to 34
16%
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