Richmond Hill, ON · L4E 3A1 · MLS® N12714846Updated
$798,800Est. $3,924/mo mortgage
56 Sylvan Cres is a 2-bedroom, 2-bathroom detached home in Richmond Hill, listed for $798,800. It has 1100-1500 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Attention builders, investors & end users a rare opportunity! Discover an exceptional offering in one of Richmond Hill's most desirable locations, nestled in the heart of Oak Ridges near Lake Wilcox. This premium property features an impressive 50- foot frontage, presenting outstanding potential for end users, builders, or investors alike.Enjoy stunning partial lake views from the second floor and the convenience of being within walking distance to beautiful Lake Wilcox. Residents can take full advantage of the vibrant lifestyle and amenities at Lake Wilcox Park, including a canoe club, waterfront access, splash pad, and a variety of year-round recreational activities.An existing survey is available, adding further value and convenience for future planning.A truly rare opportunity to own in a prestigious lakeside community-offering lifestyle, location, and long-term potential all in one.
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $726 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.
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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.
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Zara’s estimate
Summitly estimate, not from TRREB, 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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92 Estrella Crescent
4 bd · 3 ba · Detached
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314 Wenlock Avenue
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212 Sussex Avenue
4 bd · 5 ba · Detached
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595 North Lake Road
2 bd · 1 ba · Detached
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95 Alpaca Drive
4 bd · 4 ba · Detached
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82 Justus Drive
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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 home56 Sylvan Crescent 2 bd · 2 ba · 1,100 sqft | $798,800asking | $726 | — | — |
| 92 Estrella Crescent 4 bd · 3 ba · 2,000 sqft | ||||
| 314 Wenlock Avenue 3 bd · 2 ba · 700 sqft | ||||
| 212 Sussex Avenue 4 bd · 5 ba · 3,500 sqft | ||||
| 595 North Lake Road 2 bd · 1 ba · 1,100 sqft | ||||
| 95 Alpaca Drive 4 bd · 4 ba · 3,000 sqft | ||||
| 82 Justus Drive 4 bd · 4 ba · 2,500 sqft |
4 bd · 3 ba · 2,000 sqft
3 bd · 2 ba · 700 sqft
4 bd · 5 ba · 3,500 sqft
2 bd · 1 ba · 1,100 sqft
4 bd · 4 ba · 3,000 sqft
4 bd · 4 ba · 2,500 sqft
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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.
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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Listing brokerage: THE AGENCY, BrokerageMLS® N12714846 · 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 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.
Other 1–4 bed homes for sale in Richmond Hill around $799K.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 838 sales from Jul 15 – Oct 13, 2026 (571 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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56 Sylvan Cres is listed at $798,800 (MLS® N12714846). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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
Yes — it was first listed at $848,888 and is now $798,800, a drop of $50,088 (5.9%).
56 Sylvan Cres has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Richmond Hill.
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 3.7 km in a straight line. Bloomington GO Station is about 4.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $3,924 a month — principal and interest on $798,800 with 20% down ($159,760), 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.
Its asking price of $798,800 is about 30% below the median sold price in Richmond Hill over the last 90 days, $1,135,500, across 838 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 56 Sylvan Cres on record from the last two years. Older records aren't shown under TRREB rules.
56 Sylvan Cres is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
266 days — 56 Sylvan Cres was listed on January 20, 2026.
About $533 to $726 per square foot: the asking price of $798,800 over the 1,100–1,500 sq ft the listing gives as its size range.
Yes — the listing gives 7 parking spaces. Garage: Yes.
