$888,888
For sale: Townhouse

Welcome to 112 Lake Ave, a beautifully appointed executive freehold townhome in the highly sought-after Oak Ridges community of Richmond Hill. Surrounded by multi-million dollar homes. This spacious 4-bedroom, 4-bathroom home features a bright open-concept layout, generous living spaces, upgraded hardwood flooring, crown moulding, 9ft ceiling height on main & 2nd floors, and a spacious chef-inspired kitchen with a large custom island ideal for everyday living and entertaining. Features a low maintenance backyard with a BBQ gas line. Enjoy an exceptional location just steps from Lake Wilcox, offering easy access to nature and recreational opportunities, while Yonge St, Ozark Community Park, Oak Ridges Community Centre, public transit, Hwy 404, shops, restaurants, and everyday amenities are all conveniently nearby.The versatile ground-floor bedroom features a spa-inspired ensuite bathroom and separate rear entrance, offering excellent potential for an in-law suite, multi-generational living, or private teen retreat. A unique opportunity for buyers with potential extra income possibilities. Don't miss this exceptional opportunity in Oak Ridges!
Sold data
Townhouse homes in Richmond Hill (Oak Ridges Lake Wilcox) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 130 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $989,500.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 130 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Oak Ridges Lake Wilcox) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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