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Listed 3 months ago

566 Sunset Beach Road

Oak Ridges Lake Wilcox, Richmond Hill

$4,679,000

Detached|2-Storey
7 | 6 | 8
About this home

Discover the potential for luxury at 566 Sunset Beach Road, a prime property on the prestigious south side of Lake Wilcox. Currently home to a charming traditional, 7+1 bedroom / 5+1 bathroom family residence, this .75-acre lot offers breathtaking Lake Wilcox views from most rooms and private lake access across the 131 feet of lake frontage, setting the stage for a future multi-family luxury estate. Nestled in one of Richmond Hills' most desirable neighbourhoods within the GTA, this location provides easy access to land and water sports without the long commute north, perfect for a lifestyle of relaxation and recreation across all four seasons.The existing home, originally a builder's showcase, has been lovingly maintained by the current owners for 27 years. It features a 2-bedroom in-law / teenager suite apartment above the 3-car garage, ideal for extended family or guests, and a self-contained nanny suite on the lower level with a bedroom, kitchen, and sitting / dining areas. Additionally, there is a large recreation room with a wood-burning fireplace and a walkout to a ground-level swim-spa (offering hot tub and swim against the current options), gazebo, dry boathouse, fire pit and the stunning lake.The south side of Lake Wilcox is celebrated for its sandy, shallow access, offering a superior experience compared to the north. Set high above the manicured & landscaped lawns, this property provides a serene retreat, even during nature's most intense storms. With its R3/N1 zoning, the property presents endless possibilities for customization, allowing you to create a contemporary luxury home that reflects your vision.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$20,887
Lot Size125.88 ft x 303.73 ft
mls© NumberN13153182
Listed ByRIGHT AT HOME REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$23,949
Property tax
$1,741
Heat allowance
$150
Housing costs
$25,840 / mo

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

Down payment20% · $935,800
25-yr amortization

Income needed

$795,000

gross annual household income

Payment at 4%
$19,690 / mo
Cash down
$935,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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