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New12 hours ago

130 Old Colony Road

Oak Ridges Lake Wilcox, Richmond Hill

$1,280,000

Detached|2-Storey
3 | 3 | 3
About this home

LOCATION! LOCATION! LOCATION! Just Steps From The Serene Lake Wilcox, This 2-Storey Detached Home Sits On A 150 Ft Deep Ravine Lot In The Highly Desirable Oak Ridges Community! Step onto the covered front porch and into the welcoming foyer with interior access to the 2 car garage. Hardwood flooring flows throughout the principal living areas, leading to a stunning family room with a dramatic 20-ft ceiling, fireplace, and oversized windows that fill the space with natural light. The fully equipped kitchen offers stainless steel appliances, stylish backsplash, breakfast bar, and a breakfast nook with built-in cabinetry for extra pantry storage and a walkout to the backyard. A separate formal dining room with tray ceilings and an elegant accent light fixture completes the main level. Hardwood stairs with soft carpeting lead to the upper level, where an open landing overlooks the impressive family room below. The spacious primary bedroom features a walk-in closet with organizers and a 5-piece ensuite with double vanity, LED mirror, soaker tub, and glass-enclosed shower. Two additional bedrooms with ample closet space provide room for family, guests, or a home office. Outside, enjoy a private, fenced yard surrounded by mature trees, with plenty of space for a patio, gardening, and outdoor entertaining. A convenient side yard entrance adds flexibility. Ideally located near Lake Wilcox Park, scenic trails, recreational facilities, schools, and everyday amenities. Experience the tranquility of ravine living with nature and recreation just moments away. Don't miss out on this opportunity! *Some photos are virtually staged.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,681
Lot Size47.39 ft x 152.42 ft
mls© NumberN14122066
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,552
Property tax
$557
Heat allowance
$150
Housing costs
$7,258 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $256,000
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,386 / mo
Cash down
$256,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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