A rare find on beautiful Lake Wilcox. Walk out onto your oversized deck to a sandy beach. Property has two bunkies that are set up for guest. Minutes to highways, stores, parks and a community centre. Priced thousands less than anyone on the lake.
3 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $2,318 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 195 Lakeland Cres
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
5
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
195 Lakeland Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13637146$2,549,998
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 195 Lakeland Cres Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$12,527
/mo
based on the purchase price of $2,549,998
$510,000 cash
$2,039,998 financed
$1,718,214 total interest
Principal54%$2,039,998
Interest46%$1,718,214
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 TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB 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.
For homeowners nearby
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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 TRREB, 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.
Similar homes for sale nearby in Richmond Hill
Other 4-bed homes for sale in Richmond Hill around $2.5M.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,124Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with May 11 – Aug 9, 2026: prices up.
Based on 779 sales from Aug 9 – Nov 7, 2026 (638 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
195 Lakeland Cres is listed at $2,549,998 (MLS® N13637146). Summitly updates the price as soon as the MLS® record changes.
Is $2,549,998 a good price for 195 Lakeland Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above 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
Has the price of 195 Lakeland Cres changed?
No — 195 Lakeland Cres is still listed at its original asking price of $2,549,998.
How many bedrooms and bathrooms does 195 Lakeland Cres have?
195 Lakeland Cres has 3 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Richmond Hill.
Is 195 Lakeland Cres close to transit?
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 3.6 km in a straight line. Bloomington GO Station is about 4.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 195 Lakeland Cres?
About $12,527 a month — principal and interest on $2,549,998 with 20% down ($510,000), 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.
How does 195 Lakeland Cres compare with other homes in Richmond Hill?
Its asking price of $2,549,998 is about 125% above the median sold price in Richmond Hill over the last 90 days, $1,131,800, across 779 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.
Has 195 Lakeland Cres been sold before?
Summitly has no earlier MLS® sale or lease of 195 Lakeland Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 195 Lakeland Cres?
195 Lakeland Cres is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 195 Lakeland Cres been on the market?
95 days — 195 Lakeland Cres was listed on August 4, 2026.
What is the price per square foot of 195 Lakeland Cres?
About $1,700 to $2,318 per square foot: the asking price of $2,549,998 over the 1,100–1,500 sq ft the listing gives as its size range.