All photos · 50

Oak Ridges

49 Sunset Beach Road, Richmond Hill, ON L4E 1A3

$3,000,000

Beds

5

Baths

3

Type

Freehold

About this home

Situated on an expansive 0.377-acre lot, this property offers exceptional value and future potential in a highly desirable location just steps from Yonge Street. Enjoy unmatched convenience with only a 1-minute walk to Yonge Street and a 5-minute drive to Highway 404, providing seamless connectivity throughout the GTA.Within walking distance to the scenic Lake Wilcox, community centre, and a variety of supermarkets and daily amenities, the property supports a vibrant and convenient lifestyle.The existing home is well-maintained and features a total of 5 generously sized bedrooms across upper and lower levels. It presents flexible use options: ideal for a multi-generational family seeking both privacy and shared living, or as rental accommodation for construction crews, farm workers, or business staff. The large outdoor space also offers excellent potential for storage and operational use for contractors or building supply companies.From a development perspective, the possibilities are truly outstanding. Potential options include severing into two premium lots for luxury detached homes (over 4,000 sq ft each), or exploring townhouse, mid-rise residential, or senior housing developments (subject to approvals).A rare and versatile offering for investors, builders, and end-users alike-secure a prime parcel with strong current usability and exceptional future upside.

Interior

  • · Water Heater
  • · Carpet Free

Heating

  • · Forced Air

Cooling

  • · Central Air

Lot

  • · Irregular Lot

Parking

  • · Private

Basement

  • · Finished

Room by room

Kitchen

Kitchen

Main3.46 x 3.40

Dining Room

Dining Room

Main4.16 x 3.27

Living Room

Living Room

Main3.87 x 3.77

Primary Bedroom

Primary Bedroom

Main4.96 x 4.68

Den

Den

Main3.78 x 3.08

Bedroom 2

Bedroom 2

Upper3.64 x 3.31

Bedroom 3

Bedroom 3

Upper3.83 x 2.96

Bedroom

Bedroom

Lower4.06 x 2.97

Office

Office

Lower4.42 x 3.99

Living Room

Living Room

Lower5.13 x 3.35

Kitchen

Kitchen

Lower2.83 x 1.62

Utility Room

Utility Room

Lower3.68 x 3.32

What it could cost monthly

Estimated monthly

$13,738

Principal & interest, per month


Mortgage amount
$2,400,000
Down payment
$600,000
Total interest paid
$1,721,427

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

By submitting, you agree to be contacted about this property and related real estate services. No spam, just one human, replying personally.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

RE/MAX IMPERIAL REALTY INC.

Each office independently owned and operated.