For SaleAtt/Row/Twnhouse · 2-StoreyMLS® #N14174282 · TRREB MLS®
5-56 North Lake Rd, Richmond Hill, Ontario
Oak Ridges Lake Wilcox, Richmond Hill, Ontario L4E 0G5
- Bedrooms
- 3
- Lot Size
- 17.06 x 113.19 ft
- Bathrooms
- 4
- Type
- Att/Row/Twnhouse
- Basement
- Finished
$869,988
Estimated market value
About 5-56 North Lake Rd
5-56 North Lake Rd is a 3-bedroom, 4-bathroom freehold townhouse in Oak Ridges Lake Wilcox, Richmond Hill, listed for sale at an asking price of $869,988 (MLS® N14174282).
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-ranked 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 (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!
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$931/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 27 townhouses with 3 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $4,333 / 2026
- MLS® number
- N14174282
- Board
- TRREB MLS®
- Property Type
- Att/Row/Twnhouse
- Building Age
- 16-30
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 17.06 x 113.19 ft
- Listed on
- Parking
- 1 Attached, 2 Parking
Listing history
Buy/sell history for 5-56 North Lake Rd, Richmond Hill, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $869,988 | — | For Sale | N14174282 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Att/Row/Twnhouse
- Style
- 2-Storey
- Community
- Oak Ridges Lake Wilcox
- Municipality
- Richmond Hill
Building
- Size
- 1500-2000 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 4pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 17.06 ft
- Depth
- 113.19 ft
- Lot Size
- 17.06 x 113.19 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Fridge, stove, range hood, dishwasher, washer and dryer. All electric light fixtures and chandeliers. All window coverings. Garage door opener and remote, garden shed.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.82 × 4.96 m | O/Looks Ravine, W/O To Deck, hardwood floor | Main |
| Dining | 3.88 × 2.38 m | O/Looks Ravine, Pot Lights, hardwood floor | Main |
| Kitchen | 3.89 × 2.57 m | Stainless Steel Appl, Centre Island, hardwood floor | Main |
| Primary | 7.37 × 3.33 m | O/Looks Ravine, 5 Pc Ensuite, hardwood floor | 2nd |
| 2nd Br | 3.23 × 2.95 m | O/Looks Garden, Closet, hardwood floor | 2nd |
| 3rd Br | 3.33 × 2.59 m | O/Looks Garden, Closet, hardwood floor | 2nd |
| Rec | 7.7 × 4.95 m | 4 Pc Bath, Double Closet, Ceramic Floor | Bsmt |
| Laundry | 6.73 × 2.29 m | Laundry Sink, B/I Shelves, Ceramic Floor | Bsmt |
Map and tour
Townhouses for sale in Oak Ridges Lake Wilcox right now
- For sale now
- 14
- Median asking price
- $1.02M
Middle half: $871K to $1.17M
This home is asking 15% below the median, lower than three quarters of them.
See all homes in Oak Ridges Lake WilcoxAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $13,875
- Total land transfer tax
- $13,875
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $9,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $869,988
- $9,400
- Ontario total
- $13,875
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.At the address
- A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
- 4 water-supply wells recorded within 250 m1 of them were drilled for domestic use; 13 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.250 m
- Groundwater recorded about 16.8 m below ground nearbyThe middle water level in the well records within 500 m (91 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity1
- Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Académie de la MoraineConseil scolaire Viamonde | French-language public · grades JK–6 | 300 m | 87%Grade 6 average |
| Our Lady of the Annunciation Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 700 m | 68%Grade 6 average |
| Oak Ridges Public SchoolYork Region DSB | Public · grades JK–8 | 1.3 km | 67%Grade 6 average |
| Lake Wilcox Public SchoolYork Region DSB | Public · grades JK–8 | 1.5 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Cardinal Carter Catholic Secondary SchoolYork CDSB | Catholic · grades 9–12 | 1.9 km | 69%Grade 9 math |
| ÉSC RenaissanceConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.7 km | 87%Grade 9 math |
| ACCESS ProgramYork Region DSB | Public · grades 9–12 | 4.8 km | — |
| Richmond Hill High SchoolYork Region DSB | Public · grades 9–12 | 5.1 km | 81%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / King | YRT bus rapid transit: Viva Blue | 350 m |
| Yonge St / Regatta Av | YRT bus rapid transit: Viva Blue | 500 m |
| Yonge / Bloomington | YRT bus rapid transit: Viva Blue | 1.7 km |
| Yonge / Jefferson Sideroad | YRT bus rapid transit: Viva Blue | 2.8 km |
| Gormley GO | GO Transit train: Richmond Hill | 4.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Lot
- Street frontage
- 17.06 ft5.2 m
- Depth
- 113.19 ft34.5 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $173,998
- Total mortgage amount
- $695,990
- Total interest payment
- $495,010
- Total purchase cost
- $1,364,998
- Mortgage payment
- $3,970/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
39%Monthly carrying cost
$4,331- Rent $3,400
- Shortfall $931
Rental income opens at $3,400, the median asking rent of 27 comparable homes for lease in Richmond Hill. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Oak Ridges Lake Wilcox are shown to signed-in members.