107 Lakeland Crescent, Richmond Hill, ON L4E 3A1 (Yonge St. & King Rd.)

Price : $1,150,000.00 , MLS®# : N12780602

Description

Rare opportunity in the highly sought-after Lake Wilcox community! Situated on a premium 50' x 104' lot on a quiet, family-friendly crescent, this property faces protected green conservation land with no neighbours in front, offering beautiful four-season views and exceptional privacy. Originally a 3-bedroom home, it has been converted into a spacious 2-bedroom layout and can easily be converted back to 3 bedrooms. Featuring a renovated kitchen and bathroom, plus a separate basement entrance, this home is ideal for first-time buyers, investors, builders, and renovators alike. The property offers two income streams including additional potential income from the basement, making it an excellent holding opportunity while planning a future build or major renovation. Surrounded by custom homes and ongoing redevelopment, and just steps to Lake Wilcox, parks, trails, community centre, top-rated schools, Hwy 404 and GO Transit, this is a prime lot in a premium location with strong upside and endless potential. Basement is currently vacant, and the upstairs Tenant is on a month-to-month lease.

Location Description

Yonge St. & King Rd.

Property Details
  • Community: Oak Ridges Lake Wilcox
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 3
  • Bath: 2
  • Garages: None
  • Annual Property Taxes : $ 5400.96
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Vinyl Siding
  • Total Parking Space : 3
  • Parking Type : None
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 50.04 sq.ft
  • Land Depth: 104.15sq.ft

Listing Contracted With: CENTURY 21 LEADING EDGE REALTY INC.