173 Lakeland Cres, Richmond Hill - Detached Home

173 Lakeland Cres

LocationOak Ridges Lake Wilcox, Richmond Hill, L4E 3A4
$4.948M For Sale
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Description

Exceptional custom-built estate directly on the shores of Lake Wilcox, in the prestigious Oak Ridges community of Richmond Hill. Set on a rare 75 x 211 ft irregular direct-waterfront lot, this magnificent 4+1 bedroom, 7-bathroom residence offers over 8,500 sq. ft. of luxurious living space with unobstructed panoramic views of the largest kettle lake on the Oak Ridges Moraine. Built to commercial-grade engineering standards, this one-of-a-kind home showcases soaring coffered ceilings, custom millwork, hardwood floors, premium granite and porcelain finishes, and a built-in surround sound system throughout. The gourmet chef's kitchen features top-tier appliances, two oversized islands, a walk-in pantry, and a sun-filled breakfast area overlooking the pool and lake. The Great Room impresses with 14-foot ceilings, a custom gas fireplace, and breathtaking waterfront views, while the elegant living and dining rooms are designed for entertaining. The luxurious primary suite offers a private lakeside sitting area, fireplace, and a spa-inspired ensuite with a freestanding soaking tub overlooking the private backyard. The finished 2,500 sq. ft. walk-up lower level features a home theatre, custom wine cellar, wet bar, fitness room, indoor cedar sauna, and an additional bedroom. The professionally landscaped backyard is a private waterfront retreat featuring a heated saltwater pool, built-in hot tub, cabana, outdoor kitchen, gas fire pit, and direct lake access for boating, kayaking, paddle boarding, and winter skating. Just steps to Lake Wilcox Park, canoe and kayak clubs, and Oak Ridges Moraine trails, with easy access to Bloomington GO Station and Highway 404. 3-car garage with heated floors and an automatic car lift accommodates four vehicles, plus a private driveway for six more, offering 10 parking spaces. A rare opportunity to own one of Richmond Hill's finest custom waterfront estates.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 7
  • Garages
    Garages: 4
  • Kitchens
    Kitchens: 2

Details

  • Front Lot
    Lot size: 75.06 x 210.99 Feet
  • Lot Depth
    Space: 5000 +
  • Tax Amount
    Tax: $ 17438.00
  • MLS
    N13794006
  • Listing contracted with: RE/MAX REALTRON REALTY INC.
Room Size(M) Description
Foyer3.05x7.69

Porcelain Floor, Crown Moulding

Living Rm5.22x4.46

Hardwood Floor, Fireplace, Combined w/Dining

Dining Rm5.41x4.44

Hardwood Floor, Crown Moulding, Combined w/Living

Kitchen5.87x5.55

Porcelain Floor, Stone Counters, Stainless Steel Appl

Breakfast7.50x4.71

Porcelain Floor, Bay Window, Overlooks Backyard

Family Rm7.50x4.71

Hardwood Floor, Large Window, Overlooks Backyard

Office3.97x3.45

Hardwood Floor, Panelled, Pot Lights

Primary B9.88x4.78

Hardwood Floor, 7 Pc Ensuite, Walk-In Closet(s)

2nd Br5.28x4.52

Hardwood Floor, 4 Pc Ensuite, Walk-In Closet(s)

3rd Br6.35x4.67

Hardwood Floor, 4 Pc Ensuite, Walk-In Closet(s)

4th Br4.88x4.43

Hardwood Floor, 4 Pc Ensuite, Walk-In Closet(s)

5th Br5.49x3.37

Heated Floor, Above Grade Window, Pot Lights



Bathroom Pieces Level
2xBaths2 pcs

Ground

2xBaths4 pcs

Second

1xBath7 pcs

Second

1xBath3 pcs

Basement

1xBath2 pcs

Basement



Property Summary

Located close to the intersection of Yonge St and King Rd, 173 Lakeland Cres is a 4+1 bedrooms 7 washrooms Detached. The unit has a 4 Built-In Parking Spaces. The property has a finished Walk-Up basement. The property has many nice features including Sauna, In-Law Capability, Central Vacuum, Carpet Free, Built-In Oven and Auto Garage Door Remot. Foyer, Living Room Rm, Dinning Room Rm, Kitchen, Breakfast Room, Family Room Rm and Office are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 15.5% compared with the same period last year.

Rent levels have decreased 3.2% compared with the same period last year.

Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan
Recent 6-Month Rent Range
$2,400 – $4,300/month

How This Home Compares

Market Temperature
Buyer's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Higher inventory gives buyers more choice and negotiating leverage.
Typical Selling Time
30 Days
Similar homes are selling in about 30 days, slower than the same period last year.
Price Position
Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan

Local Area Profile

This property is located in an area with a mix of homeowners and renters with a mix of detached homes, townhouses and apartments and condominiums. Approximately 45% of residents hold a bachelor's degree or higher, while about 23% have a college credential. The large majority of local commuters travel by car.





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