81 Old Colony Road

Oak Ridges Lake Wilcox, Richmond Hill, L4E 3X2

$1,288,000

4+1 bedrooms
4 bathrooms
6 parking
2000-2500 sq ft

Listed 5 days ago · MLS® N14084920

Open house

Saturday, October 24 at 2:00 p.m. to 4:00 p.m. Add to calendar
Sunday, October 25 at 2:00 p.m. to 4:00 p.m. Add to calendar

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About this home

Space to grow, upgrades to enjoy and a location designed for family living, this spacious 4- bedroom detached home offers over 2,600 sq. ft. of total living space in the sought-after Oak Ridges community. Freshly painted and filled with natural light, the home features spacious principal rooms and a practical layout for everyday living and entertaining. At its heart is a renovated kitchen with marble countertops, modern cabinetry and an open-concept design that connects naturally with the surrounding living spaces. 9ft ceilings featured on the main and second floors. The finished basement provides valuable additional space for an additional bedroom, in law suite, recreation room, home office, gym or guest area, along with custom his-and-hers closets. Outside, the professionally upgraded backyard patio and outdoor lighting create an inviting setting for summer dining, entertaining and relaxed evenings at home. Conveniently located near Bond Lake Recreation Centre and its year-round recreation and community activities, as well as Lake Wilcox, parks, trails, schools, shopping, Yonge Street and major commuter routes. Move in and enjoy the meaningful upgrades already completed, with the flexibility to add your own style over time. An exceptional opportunity to own a spacious detached home at outstanding value in one of Richmond Hill's most family-friendly communities.

Details

Type: Detached
Style: 2-Storey
Size: 2000-2500 sq ft
Lot: 39.37 × 109.91 ft
Basement: Finished
Garage: Built-In
Kitchens: 1
Property tax: $5,837 (2025)
Neighbourhood: Oak Ridges Lake Wilcox
Municipality: Richmond Hill
Price per sq ft: $572 (14% below detached houses in Oak Ridges Lake Wilcox, $664)

Interior

Bedrooms: 4 above ground + 1 below
Bathrooms: 2 × 4-piece (second), 1 × 2-piece (main), 1 × 3-piece (basement)
Rooms: 9 above ground
Family room or den: No
Fireplace: Yes

Heating, cooling and services

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

Building and exterior

Style: 2-Storey
Exterior: Brick
Faces: South

Parking

Garage spaces: 2
Total parking: 6
Driveway and parking: Private Double

Lot

Size: 39.37 × 109.91 ft

Possession: Flexible
Cross street: Yonge & Old Colony

Rooms

Room	Level	Size	Features
Dining Room	Main	3.43 × 4.31 m (11'3" × 14'2")	Hardwood Floor, Separate Room, Large Window
Living Room	Main	4.14 × 4.59 m (13'7" × 15'1")	Hardwood Floor, Gas Fireplace, Open Concept
Kitchen	Main	4.94 × 4.71 m (16'2" × 15'5")	Hardwood Floor, Modern Kitchen, W/O To Deck
Primary Bedroom	Second	5.12 × 4.88 m (16'10" × 16')	Window, Walk-In Closet(s), 4 Pc Ensuite
Bedroom 2	Second	4.16 × 4.27 m (13'8" × 14')	LED Lighting, Closet, Large Window
Bedroom 3	Second	3.49 × 3.68 m (11'5" × 12'1")	LED Lighting, Closet, Large Window
Bedroom 4	Second	3.34 × 3.76 m (10'11" × 12'4")	LED Lighting, Closet, Large Window
Bedroom	Basement	4.51 × 3.34 m (14'10" × 10'11")	Hardwood Floor, His and Hers Closets, Pot Lights
Recreation	Basement	3.66 × 4.64 m (12' × 15'3")	Hardwood Floor, Electric Fireplace, Pot Lights

History of this address

3 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 Walkable

🚆 Gormley4.1 km

Within a 10-minute walk: 3 grocery stores, 9 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: Madani (600 m). Nearest park: Mitchell Pond Park (450 m).

Schools nearby

Elementary

Bond Lake Public School
EQAO: Gr 6 reading 98%, math 70%13 min walk
Our Lady of the Annunciation Catholic Elementary School Catholic
EQAO: Gr 6 reading 78%, math 44%1.5 km
MacLeod's Landing Public School
EQAO: Gr 6 reading 93%, math 78%1.8 km
Lake Wilcox Public School
EQAO: Gr 6 reading 82%, math 50%1.8 km

Secondary

Dr. Bette Stephenson Centre for Learning1.6 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 No mapped hazard

Not inside a mapped flood plain or regulated area.

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). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 33 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 RIGHT AT HOME REALTY.

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

Estimated monthly cost

Mortgage: $5,640
Property tax: $486
Total: $6,127

$257,600 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $257,600
Land transfer tax: $22,235
Legal and other costs: ~$2,500
Total: $282,335

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

Adjust the numbers

Rental potential

$4,680/month

Typical asking rent for 4+ bedroom homes like this within 2 km (11 for rent now; most $4,300–$4,900).

As a rental, with 20% down

Rent: $4,680
Mortgage: −$5,640
Property tax: −$486
Insurance, repairs, vacancy: −$541
Cash flow: −$1,988/month

Cap rate 3.4% · gross yield 4.4%. 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.

See rentals nearby