For Sale
Just Listed
197 Douglas Road
Oak Ridges Lake Wilcox, Richmond Hill, ON
$1,930,000
5Bd
4Ba
2,250+sqft
8Parking
55.92 x 287.61 ftlot
$858/sqft
DetachedMLS# N13682022Listed 2026-08-170 DOM
Basement
Finished
Just listed! New listings in Richmond Hill often receive offers within the first week.
About this home
Attention Developers, Builders & Investors! Rare Oversized Lot in Prime Richmond Hill ,Incredible opportunity to own an oversized 55 x 287 ft lot in one of Richmond Hills most desirable areas steps from Lake Wilcox. This property offers dual potential: Build your dream home now Unlock rear lot development as part of a future back-lot subdivision opportunity. Existing Home Features: Spacious 5-bedroom home, Finished basement with separate entrance ideal for in-law suite or rental income, Surrounded by mature trees and nature. Just a short walk to Sunset Beach and Lake Wilcox Whether you're looking to build now or land bank for future development, this is a rare find with huge upside in a high-demand neighborhood.
In-law Suite
Rooms
Main Floor
| Living Room | 0.00 × 0.00 m | Hardwood Floor |
| Family Room | 0.00 × 0.00 m | Hardwood Floor |
| Kitchen | 0.00 × 0.00 m | Ceramic Floor |
Second Floor
| Primary Bedroom | 0.00 × 0.00 m | |
| Bedroom 3 | 0.00 × 0.00 m | |
| Bedroom 5 | 0.00 × 0.00 m | |
| Bedroom 4 | 0.00 × 0.00 m | |
| Bedroom 2 | 0.00 × 0.00 m |
Basement
| Kitchen | 0.00 × 0.00 m | |
| Recreation | 0.00 × 0.00 m |
Features
- Other
- Finished
- 2-Storey
Financials
Annual Taxes
$7,716
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2.8% – 4.4%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Richmond Hill
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Richmond Hill. Data updates daily.
Demographics — Richmond Hill
Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
63
/ 100
Walk Score
Somewhat Walkable
44
/ 100
Transit Score
Some Transit
43
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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