Richmond Hill, ON · L4E 3G6 · MLS® N13877164Updated
$888,888Est. $4,367/mo mortgage
112 Lake Ave is a 4-bedroom, 3-bathroom townhouse in Richmond Hill, listed for $888,888. It has 1500-2000 sq ft of living space.
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Welcome to 112 Lake Ave, a beautifully appointed executive freehold townhome in the highly sought-after Oak Ridges community of Richmond Hill. Surrounded by multi-million dollar homes. This spacious 4-bedroom, 4-bathroom home features a bright open-concept layout, generous living spaces, upgraded hardwood flooring, crown moulding, 9ft ceiling height on main & 2nd floors, and a spacious chef-inspired kitchen with a large custom island ideal for everyday living and entertaining. Enjoy an exceptional location just steps from Lake Wilcox, offering easy access to nature and recreational opportunities, while Yonge St, Ozark Community Park, Oak Ridges Community Centre, public transit, Hwy 404, shops, restaurants, and everyday amenities are all conveniently nearby.The versatile ground-floor bedroom features a spa-inspired ensuite bathroom and separate rear entrance, offering excellent potential for an in-law suite, multi-generational living, or private teen retreat. A unique opportunity for buyers with potential extra income possibilities. Don't miss this exceptional opportunity in Oak Ridges!
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $593 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.Ask Zara a follow-up
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from PropTx, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Richmond Hill market reportSold prices are shown free to signed-in members, as board rules require.
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6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home112 Lake Avenue 4 bd · 3 ba · 1,500 sqft | $888,888asking | $593 | — | — |
| 41 Kahshe Lane 3 bd · 2 ba · 2,000 sqft | ||||
| 113 Drizzel Crescent 4 bd · 3 ba · 1,500 sqft | ||||
| 71 Millman Lane 4 bd · 3 ba · 1,500 sqft | ||||
| 71 Betony Drive 3 bd · 3 ba · 1,500 sqft | ||||
| 71 Jefferson Side Road 3 bd · 3 ba · 1,500 sqft | ||||
| 67 Jefferson Side Road 3 bd · 3 ba · 1,500 sqft |
3 bd · 2 ba · 2,000 sqft
4 bd · 3 ba · 1,500 sqft
4 bd · 3 ba · 1,500 sqft
3 bd · 3 ba · 1,500 sqft
3 bd · 3 ba · 1,500 sqft
3 bd · 3 ba · 1,500 sqft
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: RE/MAX WEST REALTY INC., BrokerageMLS® N13877164 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from PropTx, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other 3-bed homes for sale in Richmond Hill around $889K.
Homes for sale in Richmond Hill
Every active Richmond Hill MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 839 sales from Jul 10 – Oct 8, 2026 (564 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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112 Lake Ave is listed at $888,888 (MLS® N13877164). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
No — 112 Lake Ave is still listed at its original asking price of $888,888.
112 Lake Ave has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a townhouse in Richmond Hill.
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 4.1 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $4,367 a month — principal and interest on $888,888 with 20% down ($177,778), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Yes — Saturday, October 10, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
Its asking price of $888,888 is about 22% below the median sold price in Richmond Hill over the last 90 days, $1,135,000, across 839 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 112 Lake Ave on record from the last two years. Older records aren't shown under TRREB rules.
112 Lake Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
112 Lake Ave was listed today (October 8, 2026).
About $444 to $593 per square foot: the asking price of $888,888 over the 1,500–2,000 sq ft the listing gives as its size range.
