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Hamza Nouman, REALTOR®
429 North Lake Road — property photo
1 / 50 — Click to enlarge
2.2

429 North Lake Road, Richmond Hill

Richmond Hill

$2,390,000

Detached6 bed / 4 bath1 DOM~2,250 sqft
New ListingSuite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by REAL BROKER ONTARIO LTD.

Investment Analysis

Key Facts

Type

Detached

Bedrooms

6

Bathrooms

4

Days on Market

1

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,445/mo)

Rent Estimate

Main unit (4 bed)$5,600/mo
Basement suite (2 bed)$1,445/mo
Total Est. Rent$7,045/mo

Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga

Remarks

Nestled on a premium south-facing lot backing directly onto Lake Wilcox, this custom-built detached home offers an exceptional waterfront lifestyle with a private pier providing direct lake access. Enjoy boating right from your backyard, with motorized boats and seaplanes permitted on the lake. Situated on an impressive 49.21 x 232 ft. lot, the home features a timeless stone exterior, a tandem 3-car garage, and an interlocking driveway with parking for up to 6 vehicles. Offering nearly 3,400 sqft of beautifully designed living space, this extensively renovated home features 4+2 spacious bedrooms, 4 bathrooms, and a functional open-concept layout ideal for family living and entertaining. living room boasts soaring 16-ft ceilings, floor-to-ceiling windows, and an elegant granite fireplace. The main level also offers a gourmet kitchen with premium built-in appliances, custom cabinetry, valance lighting, a bright dining area, a welcoming family room overlooking the backyard and lake, and a convenient main floor bedroom. Upstairs, the spacious primary retreat features a beautifully renovated ensuite and a private walk-out balcony with tranquil lake views. Two additional bedrooms and a bright sitting area beneath a skylight complete the upper level.The fully finished walk-out basement is level with the backyard, providing seamless access to the outdoor space. Complete with a second kitchen, a large recreation room, and two additional bedrooms, it offers excellent potential for extended family, guests, or multi-generational living. Enjoy professionally landscaped grounds, an expansive patio, a children's play area, and direct access to your private pier on Lake Wilcox. Conveniently located close to parks, scenic trails, schools, public transit, Yonge Street, Bayview Avenue, Highway 404, and a wide range of amenities. A rare opportunity to own a true waterfront property in one of Richmond Hill's most sought-after communities. *Virtual staging used in select photos.*

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