107 Lakeland Crescent, Richmond - Sold for $825,000 | Modern Solution Realty

107 Lakeland Crescent, Richmond

107 Lakeland Crescent in Richmond - 3 bedroom, 2 bathroom. Sold for $825,000. Listed at $888,000.

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.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1300 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 3 spaces
  • Property Taxes: $5,400.96/yr
  • Neighbourhood: Oak Ridges Lake Wilcox
  • Postal Code: L4E 3A1

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