245 Lakeland Crescent

Oak Ridges Lake Wilcox, Richmond Hill, L4E 3A6

$2,649,000

Reduced $50,000 from $2,699,000

4+1 bedrooms
3 bathrooms
4 parking
2500-3000 sq ft

Listed 49 days ago · MLS® N13730176

About this home

Cottage Living in the City**This exquisite 2.5 storey waterfront property nestles on the pristine shores of Lake Wilcox, offering direct access to fishing, boating, and water sports. This lakeside property is just steps from Yonge Street, scenic walking trails, parks, and the community centre, it perfectly blends natural beauty with urban convenience.Featuring 4 plus 1 spacious bedrooms and 3 luxurious full bathrooms, this meticulously designed residence showcases timeless craftsmanship and elegant finishes throughout. Gleaming hardwood floors and a cozy gas fireplace grace every level, creating an inviting and warm ambiance. The lower level boasts a private office, a laundry room and a fully finished in law apartment, ideal for multigenerational living or hosting guests with privacy and style.The main floor impresses with a chef inspired kitchen featuring custom cabinetry, granite countertops, a double oven, and premium stainless steel appliances. The open concept dining and family areas maximize stunning lake views, inviting natural light to fill the space. Step outside to a lakeside deck with a remote controlled retractable screen and heater, perfect for year round entertaining.The expansive lower deck offers lounge seating, a gas fire table, and a bespoke outdoor bar designed for memorable gatherings and relaxing evenings. Professionally landscaped grounds with ambient lighting and a heated workshop complete this exceptional backyard oasis.Upstairs, retreat to the elegant master suite featuring a generous walk in closet and spa inspired ensuite with double vanity, walk in shower, and a luxurious soaker tub. Enjoy breathtaking panoramic lake views from your private upper deck, a perfect sanctuary to unwind.This rare waterfront property marries refined cottage charm with sophisticated city living, offering an unparalleled lifestyle of comfort, elegance, and unforgettable lakefront experiences.

Details

Type: Detached
Style: 2 1/2 Storey
Size: 2500-3000 sq ft
Lot: 45 × 160 ft
Basement: Apartment, Finished
Garage: None
Kitchens: 2
Property tax: $10,098 (2025)
Neighbourhood: Oak Ridges Lake Wilcox
Municipality: Richmond Hill
Price per sq ft: $963 (45% above detached houses in Oak Ridges Lake Wilcox, $664)

Interior

Bedrooms: 4 above ground + 1 below
Bathrooms: 1 × 3-piece (lower), 1 × 3-piece (main), 1 × 4-piece (upper)
Kitchens: 2 (1 below ground)
Rooms: 10 above ground
Family room or den: Yes
Fireplace: Yes
Features: Central Vacuum

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air
Water and sewer: Sewer

Building and exterior

Style: 2 1/2 Storey
Exterior: Brick
Roof: Asphalt Shingle
Foundation: Concrete
Faces: North
Outdoor: Garden Shed, Workshop
Waterfront: Direct

Parking

Total parking: 4
Driveway and parking: Private

Lot

Size: 45 × 160 ft

Possession: TBA
Nearby: Fenced Yard, Greenbelt/Conservation, Lake Access, Park, Waterfront, School
Cross street: Lakeland and North Lake Rd

Rooms

Room	Level	Size	Features
Office	Lower	3.29 × 2.69 m (10'10" × 8'10")
Other	Lower	4.45 × 2.73 m (14'7" × 8'11")
Foyer	Lower	5.06 × 4.01 m (16'7" × 13'2")
Laundry	Lower	3.62 × 2.68 m (11'11" × 8'10")
Dining Room	Main	3.23 × 2.61 m (10'7" × 8'7")	Overlook Water, Open Concept
Kitchen	Main	4.69 × 3.24 m (15'5" × 10'8")	Centre Island, Open Concept
Family Room	Main	6.73 × 5.37 m (22'1" × 17'7")	Gas Fireplace, Open Concept
Bedroom 2	Main	6.68 × 2.75 m (21'11" × 9')
Bedroom 3	Main	3.76 × 2.63 m (12'4" × 8'8")
Bedroom 4	Main	2.73 × 4.45 m (8'11" × 14'7")
Primary Bedroom	Upper	8.6 × 4.45 m (28'3" × 14'7")	Gas Fireplace

History of this address

6 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

🚆 Gormley3.5 km

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 5 parks. Nearest park: North Shore Parkette (600 m).

Schools nearby

Elementary

Lake Wilcox Public School
EQAO: Gr 6 reading 82%, math 50%7 min walk
Our Lady of the Annunciation Catholic Elementary School Catholic
EQAO: Gr 6 reading 78%, math 44%10 min walk
Bond Lake Public School
EQAO: Gr 6 reading 98%, math 70%1.4 km
Oak Ridges Public School
EQAO: Gr 6 reading 80%, math 44%2.2 km

Secondary

Dr. Bette Stephenson Centre for Learning1.4 km
Cardinal Carter Catholic Secondary School Catholic
EQAO: Gr 9 math 69%, literacy test 93%2.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4E

Owners / renters: 87% / 13%
Median household income: $127,000
Average age: 38
Children under 15: 19%
Homes: 72% detached, 1% high-rise
Commute by transit: 5%
Population: 54,606

Languages spoken most at home besides English: Mandarin 10.6%, Iranian Persian 6.3%, Yue (Cantonese) 5.6%, Russian 3.2%.

Flood and conservation Flood plain

This address falls inside a mapped flood plain (Toronto and Region Conservation Authority). Building, additions and grading need a permit from the conservation authority, and flood insurance can cost more or be harder to get.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Toronto and Region Conservation Authority open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 34 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by NEW WORLD 2000 REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $11,600
Property tax: $842
Total: $12,441

$529,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $529,800
Land transfer tax: $52,700
Legal and other costs: ~$2,500
Total: $585,000

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$4,665/month

Typical asking rent for 4+ bedroom homes like this within 2 km (8 for rent now; most $4,300–$4,900).

As a rental, with 20% down

Rent: $4,665
Mortgage: −$11,600
Property tax: −$842
Insurance, repairs, vacancy: −$540
Cash flow: −$8,316/month

Cap rate 1.5% · gross yield 2.1%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

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