56 Lakeland Crescent
Oak Ridges Lake Wilcox, Richmond Hill
$1,250,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,500 sqft
Price Per Sqft: $833.33
About this Detached
in Oak Ridges Lake Wilcox, Richmond Hill
Located just steps from Lake Wilcox, this side-split home sits on an exceptional 98x162 double-wide lot in one of the area's most desirable lakeside communities. Surrounded by mature greenery and backing onto a small creek, the property offers a rare combination of privacy, lot width, and redevelopment potential. The existing home features 3+1 bedrooms, 2 full bathrooms, a functional multi-level layout, main floor laundry, and direct access to the double car garage. Large windows throughout provide abundant natural light, while multiple walkouts connect seamlessly to the expansive backyard and outdoor living areas. For developers, investors, or builders, the oversized lot presents a unique opportunity in a high-demand location near Lake Wilcox, parks, schools, and amenities. Whether exploring future redevelopment possibilities, an addition, or simply capitalizing on the lot's scale and setting, this property offers outstanding long-term value in an established neighbourhood.
Listed by COLDWELL BANKER RONAN REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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