56 North Lake Rd Richmond Hill near Yonge St / North Lake Rd | Single Car Garage Town home for sale

Description

Imagine raising your children in family-oriented Richmond Hill Oak Ridges, in a freehold townhome on a quiet cul-de-sac, backing onto a ravine and walking trail, yet only minutes from Lake Wilcox, all the Yonge Street amenities and some of the top-ranking schools in Ontario. Welcome to Unit 5 at 56 North Lake Road! First time ever offered and well maintained by its original owner, this lovely townhome has been upgraded inside and out. 9' smooth ceilings, designer chandeliers and pot lights, together with upgraded 6" wide engineered hardwood flooring on 2/F (2025), make this home stylish and welcoming. The open-concept kitchen with centre island and newer appliances makes busy mornings more appealing and manageable. Renovated spa-inspired bathrooms (2025) and a huge 24-ft deep primary retreat give you the space to relax and unwind after a long day. The finished basement, with built-in kitchen cabinetry, a 4-piece bathroom, large double closets and direct access to the garage, is perfect for family gatherings, kids' playdates or extended family stays. Enjoy your morning coffee in the private, serene ravine backyard, or take a stroll to the nearby walking trail, Lake Wilcox Park, the Oak Ridges Community Centre or the Oak Ridges Public Library. A newer roof (2021), furnace (2021) and windows (2024) give the new owner peace of mind for years to come. Walk to No Frills, Food Basics and Dollarama, Newstead Academy daycare (4.8* Google Review) and the planned Oak Ridges Secondary School (opening 2027). Other sought-after schools include Richmond Green Secondary School (8.3/10), Alexander Mackenzie High School (Arts) and Dr. G.W. Williams Secondary School (IB). It's rare to have the best of both worlds. Let your dream come true and make this home your family's residence before Christmas this year!

Features

Facing: North
Bedrooms: 3
Bathrooms: 4
Garages: 1
Kitchens: 1

Details

Lot size: 17.06 x 113.19 Feet
Space: 1500-2000
Tax: $ 4332.59
N14174282
Listing contracted with: REMAX YOUR COMMUNITY REALTY

Room	Size(M)	Description
Living Rm	4.96x3.82	Overlooks Ravine, W/O To Deck, Hardwood Floor
Dining Rm	2.38x3.88	Overlooks Ravine, Pot Lights, Hardwood Floor
Kitchen	2.57x3.89	Stainless Steel Appl, Centre Island, Hardwood Floor
Primary B	3.33x7.37	Overlooks Ravine, 5 Pc Ensuite, Hardwood Floor
2nd Br	2.95x3.23	Overlooks Garden, Closet, Hardwood Floor
3rd Br	2.59x3.33	Overlooks Garden, Closet, Hardwood Floor
Recreatio	4.95x7.70	4 Pc Bath, Double Closet, Ceramic Floor
Laundry	2.29x6.73	Laundry Sink, B/I Shelves, Ceramic Floor

Bathroom	Pieces	Level
1xBath	2 pcs	Main
1xBath	5 pcs	Second
1xBath	4 pcs	Second
1xBath	4 pcs	Basement

Property Summary

Located close to the intersection of Yonge St and North Lake Rd, #5-56 North Lake Rd is a 3 bedrooms 4 washrooms Freehold Townhouse. The unit has a Single Attached Parking Space. The property has many nice features including Carpet Free, Auto Garage Door Remot, Storage and Water Heater. Living Room Rm, Dinning Room Rm and Kitchen are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 3.9% compared with the same period last year.

Rent levels have increased 4.6% compared with the same period last year.

Recent Comparable Value Range

$870,000 – $1,160,000

Recent 6-Month Rent Range

$3,350 – $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

49 Days

Similar homes are selling in about 49 days, slower than the same period last year.

Price Position

14.4% Lower

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

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 53% of residents hold a bachelor's degree or higher, while about 17% 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: 1.4 km (~26 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: 1.7 km (~31 min walk)
FATHER HENRI J.M. NOUWEN (Grade: JK - 8) | School Boundary

Catholic Gifted program school

Rank: 626 out of 3022 (Score: 7.4)

Distance to school: 6.0 km (~18 min drive)
ST. JOSEPH (AURORA) (Grade: 1 - 8) | School Boundary

Catholic French Immersion school

Distance to school: 4.3 km (~13 min drive)
Secondary Schools
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: 6.6 km (~20 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: 5.5 km (~16 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: 8.6 km (~26 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: 4.8 km (~14 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: 2.0 km (~6 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: 6.3 km (~19 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: 12.2 km (~37 min drive)