$1,998,000
11 Pagean Drive
Richmond Hill (Oak Ridges Lake Wilcox), Ontario
4bed3bath
RE/MAX HALLMARK REALTY LTD.
MLS® N13476726
detached in Richmond Hill (Oak Ridges Lake Wilcox)
Browse 29 active listings
Market Analysis
In Richmond Hill's Oak Ridges Lake Wilcox neighborhood, the current market attracts a diverse range of buyers, from young families to retirees. With the steady options available, many families flock to this area for its excellent schools and recreational opportunities. Buyers here often seek a balanced lifestyle, valuing both urban conveniences and access to nature. This community is particularly appealing for those who enjoy outdoor activities, with Lake Wilcox being a focal point for residents looking to kayak, cycle, or simply enjoy lakeside picnics. Additionally, professionals commuting to Toronto often find the area’s proximity to major highways and transit options, such as the Richmond Hill GO Station, very attractive, allowing for a seamless work-life balance.
Price Insights
With a median price of $1,298,000 and an average price of $1,273,470, buyers in the Oak Ridges Lake Wilcox area can expect to find a variety of options in the detached home segment. For around $1,200,000, a buyer might find a charming 4-bedroom home on streets like Oak Ridges Drive, featuring spacious backyards and modern finishes. Those with a budget closer to $1,800,000 can explore larger properties on prestigious streets such as Bayview Avenue, where homes can include expansive lots, luxurious amenities, and proximity to the scenic Lake Wilcox. This diverse price band ensures that whether you're a first-time buyer or upgrading, there's a suitable option to fit your needs.
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About This Property Type
Detached homes in Richmond Hill’s Oak Ridges Lake Wilcox neighborhood typically feature contemporary designs that blend seamlessly with the area’s natural beauty. Most properties come with spacious layouts, high ceilings, and generous outdoor spaces, ideal for families and entertaining. Many homes incorporate energy-efficient features and modern aesthetics. The architectural styles range from traditional two-storey homes to more modern bungalows, each designed to cater to the family-oriented lifestyle prevalent in the area. The well-maintained streets of houses along Yonge Street and Bayview Avenue showcase the pride of ownership and community spirit, making these detached homes a desirable option for buyers.
Location Highlights
Richmond Hill (Oak Ridges Lake Wilcox) stands out for its unique combination of suburban tranquility and urban accessibility. The area is renowned for its beautiful parks such as Lake Wilcox Park, which offers recreational facilities, picnic areas, and scenic walking trails. Families benefit from nearby reputable schools, including Oak Ridges Public School and Richmond Hill High School, which contribute to the neighborhood's appeal. The vibrant community also hosts cultural events at the Richmond Hill Centre for the Performing Arts, while shopping is conveniently located at Hillcrest Mall. With excellent transit options like the Richmond Hill GO Train, this area remains a coveted spot for those seeking a well-rounded lifestyle.
Investment Advice
Purchasing a detached home in Oak Ridges Lake Wilcox is a smart investment for both first-time buyers and seasoned investors. This balanced market, characterized by steady appreciation in property values, offers a secure opportunity for long-term financial growth. With the average price hovering around $1,273,470, properties here typically retain their value and show promising potential for appreciation. Additionally, the area's strong community ties and amenities ensure that the demand for these homes remains consistent. As Richmond Hill continues to grow, investing in this well-established neighborhood could yield significant returns while providing a desirable living environment.
Buying Tips
When considering a detached home in Richmond Hill (Oak Ridges Lake Wilcox), it’s crucial to prioritize your needs. Begin by exploring neighborhoods like Oak Ridges Drive and Bayview Avenue. Don’t hesitate to attend open houses, as they provide a firsthand look at the properties and the local community. Always ask about recent renovations and community developments that may affect future property values. Additionally, consider the proximity to essential amenities such as schools and parks, ensuring your lifestyle aligns with your home choice. Finally, liaising with a local real estate agent familiar with the nuances of the Oak Ridges market can offer valuable insights and help you navigate the buying process efficiently.
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Frequently Asked Questions About Richmond Hill (Oak Ridges Lake Wilcox)
How many detached homes are for sale in Richmond Hill (Oak Ridges Lake Wilcox)?
There are currently 29 detached homes listed for sale in Richmond Hill (Oak Ridges Lake Wilcox) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Richmond Hill (Oak Ridges Lake Wilcox)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.