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Listed 3 months ago

8 Bayview Park Lane

Oak Ridges Lake Wilcox, Richmond Hill

$5,700,000

Detached|2-Storey
5 | 8 | 9
About this home

Set within the prestigious Lake Wilcox community and backing directly onto the water, this custom-built 5+1 bedroom residence offers a rare blend of scale, setting, and architectural detail. A grand foyer introduces the home with an ornate double staircase that makes an immediate statement, complemented by an intricate skylight that draws natural light through the space. The main level is thoughtfully designed for both everyday living and formal entertaining, anchored by a well-appointed kitchen featuring premium Miele appliances and seamless flow into the principal rooms. An in-home elevator provides convenient access to all levels. Upstairs, five spacious bedrooms offer comfort and privacy, while the additional two bedrooms in the lower level create flexibility for extended family or guests. The fully finished basement is designed for entertaining, complete with a bar and a walk-up to the backyard. Positioned in one of Richmond Hill's most sought-after neighbourhoods, just moments to Lake Wilcox, parks, and amenities, this is a home that combines a standout location with timeless design.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$22,177
Lot Size100.83 ft x 237.34 ft
mls© NumberN13086334
Listed ByTHE AGENCY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$29,175
Property tax
$1,848
Heat allowance
$150
Housing costs
$31,173 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,140,000
25-yr amortization

Income needed

$959,000

gross annual household income

Payment at 4%
$23,987 / mo
Cash down
$1,140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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