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For saleMLS® N14145988

5 - 56 North Lake Road, Richmond Hill, ON L4E 0G5

Oak Ridges Lake Wilcox, Richmond Hill · Near Yonge St / North Lake Rd · View map

$918,000
3Beds
4Baths
1500–2000Sq ft
Freehold townhouseType
$325/moPOTL fee
Attached · 1 spaceGarage
2 totalParking
FinishedBasement
$4,333/yrTaxes
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Same budget, other options in Oak Ridges Lake Wilcox

Live from the Connect network
$918,000
FreeholdPOTL fee of $325 a month
Attached garage2 parking spaces in total
Finished basementExtra living space
Lot 17.1 x 113.2 ftThe land comes with the home
Trees/woods viewFrom the listing
Central airCool all summer

About this home

Picture your mornings here: coffee on the deck as the sun filters through the ravine trees, and nothing but birds chirping in the serene background. Backing onto a protected conservation, in a quiet, family-friendly enclave, and loved by its original owner since 2007, this 2-storey freehold townhome (POTL) is ready to bless the next family. The bright main floor flows with smooth ceilings, pot lights, upgraded chandeliers and hardwood flooring from the entrance to the dining table, where a walk-out to the deck brings the greenery in every day. The kitchen's centre island is the natural gathering spot for homework, weekend pancakes and catching up after work. Upstairs, upgraded engineered hardwood flooring leads to 3 bedrooms, including a 24-ft deep master retreat with a huge walk-in closet and a 5-pc ensuite with double vanity, soaker tub and separate shower. Downstairs, the finished rec room with pot lights, ceramic floors and a double closet is ready for movie nights, a playroom, home gym or a home office, with custom kitchen cabinetry and a 4-pc bath for guests or space for extended family. Direct garage entry makes grocery runs and rainy days simple. Recent upgrades provide the new owner with a peace of mind: newer windows (2024), roof (2021) and furnace (2021). Stroll to nearby walking trails, Lake Wilcox, the Oak Ridges Community Centre and local library; walk your kids/grandkids to daycare, elementary school and the upcoming high school; play golf, or reach Hwy 404 and 400, and Gormley GO in minutes. This is a perfect home to start a family, raise the young children or right-size into retirement. All we are waiting for is your heartfelt "YES!"

The home

Type
Freehold townhouse
Style
2-Storey
Square footage
1500-2000 sq ft
Bedrooms
3
Bathrooms
4
Kitchens
1
Rooms
6
Basement
Finished
Lot size
17.1 x 113.2 ft
Faces
North
View
Trees/Woods
Approximate age
16-30 years

Ownership & fees

Ownership
Freehold, with a share in common elements (POTL)
POTL fee
$325.00/mo
Fee includes
Shared parts of the complex, such as a private road. Ask what it covers.
Exterior
Brick, Stone

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Garage
Attached
Garage spaces
1
Driveway spaces
1
Total parking
2
Parking features
Private

Taxes & other

Property taxes
$4,333/yr
Tax year
2026
Occupancy
Owner
Possession
30-60 Days/TBA
Cross street
Yonge St / North Lake Rd
Neighbourhood
Oak Ridges Lake Wilcox

More

Price per sq ft
~$525 (at 1,750 sq ft)
MLS® number
N14145988

The home and its surroundings

  • Water Heater
  • Storage
  • Greenbelt/Conservation
  • Park
  • Rec./Commun.Centre
  • School
  • Library
  • Ravine
Want to know something that isn’t listed?
Estimated monthly cost$4,389per month, all in
  • Mortgage
  • Property tax
  • POTL fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    56 North Lake Road, Richmond Hill, ON L4E 0G5

    Oak Ridges Lake Wilcox, Richmond Hill · Near Yonge St / North Lake Rd

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    Sold history

    Listing history for 56 North Lake Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 5 - 56 North Lake Road

    Answers come straight from this home’s MLS® listing.

    How much is 5 - 56 North Lake Road listed for, and what would it cost each month?

    5 - 56 North Lake Road is listed for $918,000. With 20% down ($183,600), the mortgage payment would be roughly $3,703 a month at 4.5% over 30 years. Add property tax and the common-element (POTL) fee and the estimate comes to about $4,389 a month, all in. That figure is an illustration, not a quote.

    Is 5 - 56 North Lake Road freehold or a condo, and is there a monthly fee?

    5 - 56 North Lake Road is a freehold townhouse in Oak Ridges Lake Wilcox, Richmond Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, but the home is a parcel of tied land (POTL) with a common-element fee of $325.00 a month for shared parts of the complex, such as a private road, snow clearing and visitor parking. Ask what it covers before you offer.

    How many bedrooms and bathrooms does 5 - 56 North Lake Road have?

    5 - 56 North Lake Road has 3 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.

    Does 5 - 56 North Lake Road have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 1 space. In total the listing counts 2 parking spaces.

    Does 5 - 56 North Lake Road have a finished basement?

    The listing describes the basement as finished. Finished basement space is usually not counted in the square footage shown.

    What style of home is 5 - 56 North Lake Road?

    5 - 56 North Lake Road is a freehold townhouse. A two-storey townhouse has its living space on the main floor and the bedrooms upstairs, sharing side walls with its neighbours.

    How big is 5 - 56 North Lake Road, and what is the lot size?

    The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 17.1 x 113.2 ft.

    How is 5 - 56 North Lake Road heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 5 - 56 North Lake Road?

    Property taxes are $4,333 a year (2026), or about $361 a month.

    Where is 5 - 56 North Lake Road?

    5 - 56 North Lake Road is in the Oak Ridges Lake Wilcox community of Richmond Hill. The nearest main intersection is Yonge St / North Lake Rd. The postal code is L4E 0G5.

    Is 5 - 56 North Lake Road still for sale?

    Yes. It is an active listing (MLS® N14145988). Listings here update from the board through the day and come down once a home sells.

    What are similar townhouses near 5 - 56 North Lake Road asking?

    Similar townhouses for sale nearby right now include 23 - 56 North Lake Road at $949,888 (3 bed), 32 Wheelwright Drive at $945,000 (3 bed) and 8 Helliwell Crescent at $1,090,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 56 North Lake Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 5 - 56 North Lake Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the common-element (POTL) fee. For illustration only.

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