112 Lake Ave Richmond Hill near Yonge St & Lake Ave | Single Car Garage Town home for sale

Description

Welcome to 112 Lake Ave, a beautifully appointed executive freehold townhome in the highly sought-after Oak Ridges community of Richmond Hill. Surrounded by multi-million dollar homes. This spacious 4-bedroom, 4-bathroom home features a bright open-concept layout, generous living spaces, upgraded hardwood flooring, crown moulding, 9ft ceiling height on main & 2nd floors, and a spacious chef-inspired kitchen with a large custom island ideal for everyday living and entertaining. Enjoy an exceptional location just steps from Lake Wilcox, offering easy access to nature and recreational opportunities, while Yonge St, Ozark Community Park, Oak Ridges Community Centre, public transit, Hwy 404, shops, restaurants, and everyday amenities are all conveniently nearby.The versatile ground-floor bedroom features a spa-inspired ensuite bathroom and separate rear entrance, offering excellent potential for an in-law suite, multi-generational living, or private teen retreat. A unique opportunity for buyers with potential extra income possibilities. Don't miss this exceptional opportunity in Oak Ridges!

Features

Facing: North
Bedrooms: 4
Bathrooms: 4
Garages: 1
Kitchens: 1

Details

Lot size: 22.67 x --- Feet
Space: 1500-2000
Tax: $ 4481.00
N13877164
Listing contracted with: RE/MAX WEST REALTY INC.

Room	Size(M)	Description
Living Rm	5.46x3.29	Hardwood Floor, Open Concept, Large Window
Dining Rm	3.77x3.29	Hardwood Floor, Juliette Balcony, Open Concept
Kitchen	4.47x3.37	Ceramic Floor, Centre Island, Sliding Doors
Primary B	4.14x3.43	Broadloom, 3 Pc Ensuite, Walk-In Closet(s)
2nd Br	3.19x2.85	Broadloom, Closet
3rd Br	3.38x3.26	Broadloom, Closet, Large Window
Br	6.79x3.12	Broadloom, 3 Pc Ensuite, W/O To Yard

Bathroom	Pieces	Level
1xBath	4 pcs	Second
1xBath	3 pcs	Second
1xBath	3 pcs	Ground
1xBath	2 pcs	Main

Property Summary

Located close to the intersection of Yonge St & Lake Ave, 112 Lake Ave is a 4 bedrooms 4 washrooms Freehold Townhouse. The unit has a Single Attached Parking Space. The property has many nice features including Auto Garage Door Remot. Living Room Rm, Dinning Room Rm and Kitchen are on the Main floor; Br is on the Ground floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 14.2% compared with the same period last year.

Rent levels have increased 3.8% compared with the same period last year.

Recent Comparable Value Range

$870,000 – $1,160,000

Recent 6-Month Rent Range

$3,300 – $3,500/month

How This Home Compares

Market Temperature

Balanced Market

Strong SellerSellerBalancedBuyerStrong Buyer

Supply and recent sales are relatively balanced for similar homes.

Typical Selling Time

22 Days

Similar homes are selling in about 22 days, faster than the same period last year.

Price Position

12.7% Lower

The asking price is below the estimated value of comparable homes.

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.

School Information

Elementary Schools
Lake Wilcox Public School (Grade: JK-08) | School Boundary

Home school

Rank: 1026 out of 3022 (Score: 6.8)

Distance to school: 1.6 km (~28 min walk)
Windham Ridge Public School (Grade: 01-08) | School Boundary

French Immersion school

Rank: 476 out of 3022 (Score: 7.7)

Distance to school: 2.2 km (~7 min drive)
OUR LADY HELP OF CHRISTIANS (Grade: JK - 8) | School Boundary

Catholic Gifted program school

Rank: 175 out of 3022 (Score: 8.5)

Distance to school: 7.0 km (~21 min drive)
ST. JOSEPH (AURORA) (Grade: 1 - 8) | School Boundary

Catholic French Immersion school

Distance to school: 4.9 km (~15 min drive)
Secondary Schools
Dr. Bette Stephenson SS (Grade: 09-12)

Home school

Distance to school: 1.2 km (~22 min walk)
Richmond Green Secondary School (Grade: 09-12) | School Boundary

Home school

Rank: 77/746 (Score: 8.1) 5 year average: 76/746 (Score: 7.8)

Distance to school: 6.1 km (~18 min drive)
King City Secondary School (Grade: 09-12) | School Boundary

French Immersion school

Rank: 163/746 (Score: 7.3) 5 year average: 280/746 (Score: 6.5)

Distance to school: 5.6 km (~17 min drive)
Alexander Mackenzie High School (Grade: 09-12) | School Boundary

AP program school

Rank: 67/746 (Score: 8.2) 5 year average: 109/746 (Score: 7.5)

Distance to school: 8.1 km (~24 min drive)
Dr. G.W. Williams Secondary School (Grade: 09-12) | School Boundary

AP program school

Rank: 1/746 (Score: 10.0) 5 year average: 2/746 (Score: 9.3)

Distance to school: 5.4 km (~16 min drive)
CARDINAL CARTER (Grade: 9 - 12) | School Boundary

Catholic Home school

Rank: 141/746 (Score: 7.5) 5 year average: 130/746 (Score: 7.4)

Distance to school: 2.6 km (~8 min drive)
ST. MAXIMILIAN KOLBE (Grade: 9 - 12) | School Boundary

Catholic AP program school

Rank: 244/746 (Score: 6.9) 5 year average: 262/746 (Score: 6.6)

Distance to school: 6.8 km (~20 min drive)
SACRED HEART (Grade: 9 - 12) | School Boundary

Catholic Gifted program school

Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)

Distance to school: 12.7 km (~38 min drive)