For Sale

197 Douglas Road, Richmond Hill, Ontario L4E 3H5

$2,688,800

197 Douglas Road, Richmond Hill, Ontario L4E 3H5 is For Sale and has a listing price of 2,688,800. The property is located in the Oak Ridges Lake Wilcox neighbourhood . It's been on the website for 27 Days.

  • Land
    Property Type
  • MLS ID: N12145821
  • Office Name ROYAL LEPAGE YOUR COMMUNITY REALTY
Property Description

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.

Property Details
  • MLS ID: N12145821
  • Price: $2,688,800
  • Lot Depth: 287.61
  • Transaction Types: For Sale
  • Ref ID: N12145821
  • Year Built: N/A
  • Dir / Cross St: Yonge & King
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
05/13/2025 N12145764 $2,688,800 For Sale - -
05/13/2025 N12145821 $2,688,800 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oak Ridges Lake Wilcox
  • $1,685,366 Average List Price
    based on 1 year
  • 10 New Listings
    based on 30 days
  • 26 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.66 % Up
  • Sold (12mo) 96
  • Rented (12mo) 77

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    93.8%
  • Commercial
    5.03%
  • Condo
    1.16%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Other
  • Taxes: $7,716
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 13/05/2025 21:31:56
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