List of New Condos in Oak Ridges Lake Wilcox Neighbourhood
New construction projects in Oak Ridges Lake Wilcox coming soon!
Register now to get first access to new construction projects in Oak Ridges Lake Wilcox. An agent will get in touch with you as soon as possible.
Investing in Oak Ridges Lake Wilcox Real Estate
Nestled near the serene Lake Wilcox, Oak Ridges Lake Wilcox the condos here provide breathtaking views and a tranquil atmosphere. The location of Oak Ridges Lake Wilcox is highly desirable, with easy access to major transportation routes such as Bayview Avenue and Bloomington Road, ensuring convenient connectivity to the Greater Toronto Area. The neighborhood is known for its natural beauty, with Lake Wilcox Park just steps away, offering residents opportunities for outdoor activities, picnics, and water sports. Moreover, the area boasts a range of amenities, including community centers, libraries, and schools, ensuring that residents have access to essential services and recreational facilities. Oak Ridges Lake Wilcox is also home to a variety of dining options, with local restaurants offering a diverse range of cuisines, from casual eateries to fine dining experiences. The pre-construction condos in Oak Ridges Lake Wilcox provide residents with a harmonious blend of natural surroundings, convenient location, and access to amenities, making it an idyllic place to call home.
Why Buy Pre-Construction Condos in Oak Ridges Lake Wilcox?
Investing in new condo development condos in Oak Ridges Lake Wilcox provides a unique and enticing opportunity for buyers seeking a waterfront lifestyle in a picturesque neighborhood. The prime location offers breathtaking views and direct access to Lake Wilcox, where residents can indulge in water activities and enjoy the tranquility of the surroundings. The abundance of parks and green spaces, such as Oak Ridges Community Park and Phyllis Rawlinson Park, allows residents to immerse themselves in nature and engage in outdoor recreational pursuits. Families will appreciate the family-friendly environment with top-rated schools like Lake Wilcox Public School and Bond Lake Public School. With ongoing development, the neighborhood is witnessing the growth of amenities, including new shopping centers, restaurants, and entertainment options. Buying pre-construction in Oak Ridges Lake Wilcox not only provides immediate access to a desirable waterfront location and natural beauty but also offers the potential for future appreciation as the area continues to thrive and attract more residents.
- 1
- 1
- 1
- 1
Recreation in Oak Ridges Lake Wilcox
Oak Ridges Lake Wilcox offers a plethora of recreational opportunities for residents, making it a desirable neighborhood for outdoor enthusiasts and those seeking an active lifestyle. The highlight of the area is Lake Wilcox, a picturesque lake that serves as a hub for various recreational activities. Residents can indulge in water sports such as kayaking, paddleboarding, and fishing, or simply relax by the waterfront and enjoy the serene surroundings. The neighborhood is surrounded by natural beauty, with numerous parks and green spaces that provide ample opportunities for outdoor recreation. Lake Wilcox Park, located along the lake, offers trails for walking, jogging, and cycling, as well as picnic areas and playgrounds for families to enjoy. Sunset Beach Park, with its sandy beach and designated swimming area, is perfect for sunbathing and swimming during the summer months.
Average Price of Condos in Oak Ridges Lake Wilcox
In the second quarter of 2023, the average price per square foot for new condos in the 905 region of the Greater Toronto Area (GTA) was $1,172, compared to the average of $1,673 per square foot in the former City of Toronto, which is comparatively low for Richmond Hill where pre construction condos are sold at an average price of $792 per square foot in 2023. The benchmark price of a resale condo by the end of 2023 was $573,100 in Richmond Hill, which is comparatively less than last year by 0.88%. Prices have consistently been on a trend and continue to rise each year. There has been increased demand for properties due to significant immigration rates, decreased affordability for homeownership and a strong job market. Rental rates for Richmond Hill condos have continued to rise. Reached a monthly rate of approximately $2,350 during the second quarter of 2023. This represents a growth rate of 12% when compared to figures from last year. The demand for purpose-built apartments has outpaced supply resulting in a decrease in vacancy rates, in Richmond Hill which currently stands at 0.6%.
