197 Douglas Rd is a 5-bedroom, 4-bathroom detached home in Richmond Hill, listed for $1,930,000. It has 2000-2500 sq ft of living space.
1Attention Developers, Builders & Investors!
2Rare Oversized Lot in Prime Richmond Hill ,Incredible opportunity to own an oversized 55 x 287 ft lot in one of Richmond Hills most desirable areas steps from Lake Wilcox.
3This property offers dual potential: Build your dream home now Unlock rear lot development as part of a future back-lot subdivision opportunity.
Attention Developers, Builders & Investors! Rare Oversized Lot in Prime Richmond Hill ,Incredible opportunity to own an oversized 55 x 287 ft lot in one of Richmond Hills most desirable areas steps from Lake Wilcox. This property offers dual potential: Build your dream home now Unlock rear lot development as part of a future back-lot subdivision opportunity. Existing Home Features: Spacious 5-bedroom home, Finished basement with separate entrance ideal for in-law suite or rental income, Surrounded by mature trees and nature. Just a short walk to Sunset Beach and Lake Wilcox Whether you're looking to build now or land bank for future development, this is a rare find with huge upside in a high-demand neighborhood.
5 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $965 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 197 Douglas Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
197 Douglas Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13682022$1,930,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 197 Douglas Rd Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$9,482
/mo
based on the purchase price of $1,930,000
$386,000 cash
$1,544,000 financed
$1,300,453 total interest
Principal54%$1,544,000
Interest46%$1,300,453
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.
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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 $1.9M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings1,244Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 819 sales from Jul 23 – Oct 21, 2026 (592 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
197 Douglas Rd is listed at $1,930,000 (MLS® N13682022). Summitly updates the price as soon as the MLS® record changes.
Is $1,930,000 a good price for 197 Douglas Rd?
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 197 Douglas Rd changed?
No — 197 Douglas Rd is still listed at its original asking price of $1,930,000.
How many bedrooms and bathrooms does 197 Douglas Rd have?
197 Douglas Rd has 5 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Richmond Hill.
Is 197 Douglas Rd close to transit?
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 3.7 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 197 Douglas Rd?
About $9,482 a month — principal and interest on $1,930,000 with 20% down ($386,000), 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 197 Douglas Rd compare with other homes in Richmond Hill?
Its asking price of $1,930,000 is about 71% above the median sold price in Richmond Hill over the last 90 days, $1,130,000, across 819 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 197 Douglas Rd been sold before?
Summitly has no earlier MLS® sale or lease of 197 Douglas Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 197 Douglas Rd?
197 Douglas Rd is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 197 Douglas Rd been on the market?
68 days — 197 Douglas Rd was listed on August 14, 2026.
What is the price per square foot of 197 Douglas Rd?
About $772 to $965 per square foot: the asking price of $1,930,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 197 Douglas Rd have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
