
Richmond Hill
Freehold in Richmond Hill
$888,000
107 LAKELAND CRESCENT, Richmond Hill, L4E3A1
MLS Number: N12916394
Beds
3
Baths
2
Listing
For Sale
Type
Freehold
Square Feet
1,100 - 1,500
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.
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