

26 Douglas Road
Oak Ridges Lake Wilcox, Richmond Hill
$1,680,000
A rare opportunity to acquire an exceptional 1+ acre property in the prestigious Oak Ridges community, surrounded by luxury custom estates. Situated on an expansive lot with impressive frontage, this property offers outstanding potential to build a spectacular custom residence of 5,000+ sq. ft. (subject to all required approvals).Nestled in one of Richmond Hill's most desirable neighbourhoods, enjoy a private, nature-inspired setting just steps from Lake Wilcox, Lake Wilcox Waterfront Park, and the Oak Ridges Community Centre, featuring scenic boardwalks, playgrounds, and year-round recreational amenities. Conveniently located close to top-rated schools, parks, public transit, the Oak Ridges Library, and the shops, restaurants, and everyday conveniences along Yonge Street.The existing home has been tastefully updated with new laminate flooring throughout, a renovated bathroom with a modern glass-enclosed shower, and a newly installed heat pump system. Currently tenanted, providing immediate rental income while you finalize plans, secure approvals, or build your dream luxury estate.An outstanding opportunity to invest, develop, or create a one-of-a-kind custom home in one of the GTA's most sought-after communities. Rarely does a property of this size and location become available in Oak Ridges-don't miss this exceptional opportunity.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,890 |
| Lot Size | 58.51 ft x 661 ft |
| mls© Number | N13579954 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
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%
- $8,599
- Property tax
- $741
- Heat allowance
- $150
- Housing costs
- $9,490 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$292,000
gross annual household income
- Payment at 4%
- $7,070 / mo
- Cash down
- $336,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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