$ 3,288,000
55 Newman Avenue
Walk-out Basement

55 Newman Avenue

Detached
Richmond Hill, Ontario L4E 3E5
3+2 2 1+1 2+12(14) 1100-1500 sqft
3+2 2 1+1 2+12(14)
1100-1500 sqft
$ 3,288,000
Sale
Taxes $10,701 2025
Maintenance None
Estimated Monthly Mortgage $8533
Estimated Closing Costs $--
Walk-out Basement

History

MLS®# N12945610

MLS®# N12945610

2026.03.31 New $3,288,000

Other Records

2024.04.10 - 2024.04.24 MLS®# N8222054 Terminated $3,900
2024.03.12 - 2024.04.08 MLS®# N8136740 Terminated $4,600
2021.04.28 - 2021.06.15 Sold $2,205,000
2020.07.01 - 2020.08.26 Sold $1,950,000
2020.01.02 - 2020.07.01 MLS®# N4658960 Expired $2,199,000
2019.07.09 - 2020.01.01 MLS®# N4513032 Expired $2,299,000
2017.03.29 - 2017.06.29 Sold $3,200,000

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
Bungalow-Raised
Size (sqft)
1100-1500
Lot Size
Contact Agent
Parking
14 Total Parking Spaces
2 Detached Garage
12 Parking Spaces
Last Update
2026-04-01
Possession Date
2026-07-31
Listing Date
2026-03-31
Basement
Finished with Walk-Out
Fireplace
Y
Heating
Gas
Pool
None
Air Conditioning
Central Air
Broker
GALAXY STARS REALTY INC.
Room(s) Stories
Length x Width ( Size )
Descriptions
Kitchen Main
15.1ft x 10.6ft (159.6 ft2 ) 4.59m x 3.23m (14.8 m2 )
Great Room Main
13.5ft x 15ft (203.1 ft2 ) 4.12m x 4.58m (18.9 m2 )
Primary Bedroom Main
12.7ft x 13.5ft (171.6 ft2 ) 3.87m x 4.12m (15.9 m2 )
Bedroom 2 Main
10.1ft x 9.9ft (100.8 ft2 ) 3.09m x 3.03m (9.4 m2 )
Bedroom 3 Main
11.1ft x 9ft (99.6 ft2 ) 3.39m x 2.73m (9.3 m2 )
Kitchen Lower
12.7ft x 13.5ft (171.6 ft2 ) 3.87m x 4.12m (15.9 m2 )
Family Room Lower
13.5ft x 29.8ft (403.6 ft2 ) 4.12m x 9.1m (37.5 m2 )
Bedroom Lower
10.2ft x 10.6ft (108.5 ft2 ) 3.12m x 3.23m (10.1 m2 )
Bedroom Lower
11.1ft x 9ft (99.6 ft2 ) 3.39m x 2.73m (9.3 m2 )

About

Rare opportunity to own a stunning raised bungalow situated on an expansive 5.25-acre serviced lot in the highly sought-after Oak Ridges community of Richmond Hill. Located at 55 Newman Avenue, this exceptional property is just a short walk to the beautiful Lake Wilcox, offering the perfect blend of nature and convenience. Surrounded by mature trees and featuring three natural ponds, this private retreat is truly a nature lover's paradise. The property boasts approximately 1,000 feet of frontage across three roads, presenting incredible future potential for investors, builders, or those looking to create a custom dream estate. The existing residence offers over 1,300 sq. ft. plus a fully functional walk-out basement apartment, providing immediate rental income potential or multigenerational living options. The home has also been recently updated with upgraded flooring and fresh paint throughout. An ideal setting to build your dream home while enjoying tranquility, privacy, and proximity to all essential amenities, parks, and top-rated schools. Allexisting fixturesandappliances.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $10,701 2025 year
Community:Oak Ridges Lake Wilcox
DetachedMarket Stat
Avg. Sold Price
$1,516,986.67
YoY -7.33 %
Avg. Rent
$3,529.17
YoY -21.89 %

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 1640 / 3052 English
French
Fraser Rank(2018) 753 / 3052 Catholic English
Fraser Rank(2018) 811 / 3052 Catholic English
Catholic French

Secondary (G9-G12)

Fraser Rank(2023) 52 / 747 Secondary French
Fraser Rank(2023) 52 / 747 Secondary English
Fraser Rank(2023) 130 / 747 Secondary Catholic English IB
Fraser Rank(2023) 79 / 747 Secondary Catholic French IB
Fraser Rank(2023) 201 / 747 Secondary Catholic English

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