197 Douglas Road
197 Douglas Road
$1,930,000
1 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $8,409 |
| Property Tax (MLS) | $643 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,052 |
Down payment: $386,000 (20.0%) · Mortgage: $1,544,000
Property tax uses MLS annual tax of $7,716/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by REMAX YOUR COMMUNITY REALTY
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Data last updated: August 23, 2026 at 12:25 a.m.