For SaleDetached · 1 1/2 StoreyMLS® #N12714846 · TRREB MLS®
56 Sylvan Cres, Richmond Hill, Ontario
Oak Ridges Lake Wilcox, Richmond Hill, Ontario L4E 3A1
- Bedrooms
- 2+1
- Lot Size
- 50 x 104 ft
- Bathrooms
- 2
- Type
- Detached
- Basement
- Partly Finished
$798,800
Estimated market value
About 56 Sylvan Cres
56 Sylvan Cres is a 2+1-bedroom, 2-bathroom detached house in Oak Ridges Lake Wilcox, Richmond Hill, listed for sale at an asking price of $798,800 (MLS® N12714846).
ATTENTION BUILDERS, INVESTORS & END USERS A RARE OPPORTUNITY! Discover an exceptional offering in one of Richmond Hill's most desirable locations, nestled in the heart of Oak Ridges near Lake Wilcox. This premium property features an impressive 50- foot frontage, presenting outstanding potential for end users, builders, or investors alike.Enjoy stunning partial lake views from the second floor and the convenience of being within walking distance to beautiful Lake Wilcox. Residents can take full advantage of the vibrant lifestyle and amenities at Lake Wilcox Park, including a canoe club, waterfront access, splash pad, and a variety of year-round recreational activities.An existing survey is available, adding further value and convenience for future planning.A truly rare opportunity to own in a prestigious lakeside community-offering lifestyle, location, and long-term potential all in one.
Insights
Condition Score
Good6 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,025/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 34 detached homes 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
- $4,562 / 2025
- MLS® number
- N12714846
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 50 x 104 ft
- Listed on
- Parking
- 1 Detached, 7 Parking
Listing history
Buy/sell history for 56 Sylvan Cres, 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— | — | $798,800 | — | Ext | N12714846 |
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
- Detached
- Style
- 1 1/2 Storey
- Community
- Oak Ridges Lake Wilcox
- Municipality
- Richmond Hill
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Alum Siding
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc 2nd, 1 × 4pc Main
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Driveway
- Available, Front Yard
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 6
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 104 ft
- Lot Size
- 50 x 104 ft
Additional
- Foundation
- Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- STOVE, FRIDGE, WASHER & DRYER.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 7.75 × 5.0 m | — | Main |
| Kitchen | 3.45 × 3.45 m | — | Main |
| 2nd Br | 2.8 × 2.9 m | — | Main |
| Br | 2.8 × 4.5 m | — | 2nd |
| Sitting | 3.9 × 5.0 m | — | 2nd |
| Rec | 4.0 × 5.15 m | — | Bsmt |
| Br | 3.9 × 2.9 m | — | Bsmt |
Map and tour
Detached homes for sale in Oak Ridges Lake Wilcox right now
- For sale now
- 51
- Median asking price
- $1.5M
Middle half: $1.24M to $2.05M
This home is asking 47% 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
- $12,451
- Total land transfer tax
- $12,451
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $8,451
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 $798,800
- $7,976
- Ontario total
- $12,451
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of the Annunciation Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 550 m | 68%Grade 6 average |
| Lake Wilcox Public SchoolYork Region DSB | Public · grades JK–8 | 850 m | 72%Grade 6 average |
| Académie de la MoraineConseil scolaire Viamonde | French-language public · grades JK–6 | 1 km | 87%Grade 6 average |
| Bond Lake Public SchoolYork Region DSB | Public · grades JK–8 | 1.1 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Cardinal Carter Catholic Secondary SchoolYork CDSB | Catholic · grades 9–12 | 2.3 km | 69%Grade 9 math |
| ÉSC RenaissanceConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.3 km | 87%Grade 9 math |
| ACCESS ProgramYork Region DSB | Public · grades 9–12 | 4.9 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 | 900 m |
| Yonge St / Regatta Av | YRT bus rapid transit: Viva Blue | 1 km |
| Yonge / Bloomington | YRT bus rapid transit: Viva Blue | 2 km |
| Yonge / Jefferson Sideroad | YRT bus rapid transit: Viva Blue | 2.9 km |
| Gormley GO | GO Transit train: Richmond Hill | 3.7 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
- Lot area
- 5,200 sq ft483 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 104 ft31.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by Survey.
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
- $159,760
- Total mortgage amount
- $639,040
- Total interest payment
- $454,460
- Total purchase cost
- $1,253,260
- Mortgage payment
- $3,645/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
42%Monthly carrying cost
$4,025- Rent $3,000
- Shortfall $1,025
Rental income opens at $3,000, the median asking rent of 34 comparable homes for lease in Richmond Hill. Type over it with the rent you expect. This is a planning tool, not advice.
Market area · filters apply to the charts below
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Sold prices in Oak Ridges Lake Wilcox are shown to signed-in members.