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25 days on Market

246 Douglas Rd, Richmond Hill, Ontario L4E 3H4

Detached
4 + 1
2
~1500-2000 sqft
$2,999,000
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$29,990Cashback
Detached
4 + 1
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market25 days

Estimated valueNot available

Price/Sqft$1,749/sqft

Monthly cost

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CMA Subject Property

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+11

Properties sold*

$1.5M

Median sold price*

*Based on last 30 days

Description

Attention Developers, Builders & Investors! Rare one acre lot by Lake Wilcox, Prime development opportunity in Richmond Hill featuring a bungalow on a rare oversized lot with 73.81 feet of frontage and 651 feet of depth, extending to the Lake Wilcox channel, totaling 0.997 acres. This exceptional parcel is ideal for custom home builders, developers, or land bankers, offering unmatched potential in the prestigious Oak Ridges Lake Wilcox community. Adjacent to Lake Wilcox, this rare lakeside property invites you to build your dream home now, surrounded by mature trees and nature, or pursue rear lot development as part of a future back-lot subdivision. Located just 10 minutes to Gormley GO Station and Hwy 404, and steps from Yonge Street and neighboring custom-built homes, the property sits in a superior luxury urban area with high-end developments nearby. This is the only opportunity in the neighborhood offering this size and scope, with an eye-catching lot that promises unmatched privacy, natural beauty, and long-term value. Whether you're envisioning a private estate or a multi-unit development, this is a fantastic investment with many possibilities. Don't miss your chance to secure this rare-find in one of Richmond Hills most coveted lakeside communities.


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Sep 20Sat2:00 PM - 4:00 PM
Sep 21Sun2:00 PM - 4:00 PM

Property Details

StyleBungalow
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size48,174 SqFt(651 x 74)
Parking Spaces12
MLS ®NumberN12360724
Community NameOak Ridges
Data SourceTRREB
Listing byREAL WORLD REALTY INC.

Features

Heating: Forced Air
Fireplace
Basement: Part Fin

Main Floor

Living

6.2 x 4.6

Combined W/Dining

Dining

6.2 x 4.6

Combined W/Living

Kitchen

4.7 x 2.3

Ceramic Floor / Eat-In Kitchen

Primary

3.8 x 2.8

Parquet Floor / Double Closet


Features

Lot size: 48,174 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

Aug 23, 2025
ListedActive
$2,999,000
25 days on market
history photo preview28
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

33 days

Compared to

2024

36 days

2023

20 days

2022

27 days

New Listings

Past 30 days

45 listings

Compared to

2024

34 listings

2023

38 listings

2022

24 listings

Units sold

Past 30 days

7 units

Compared to

2024

11 units

2023

13 units

2022

19 units

Median Sold Price

Past 30 days

$1,362,000

Compared to

2024

$1,500,000

2023

$1,638,000

2022

$1,505,000


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