$3,288,000
25 days on market
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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.
55 Newman Avenue
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
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Top 10% of Ontario elementary schools
Top 50% of Ontario secondary schools
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EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Listing provided by GALAXY STARS REALTY INC.
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Data last updated: April 24, 2026 at 03:43 a.m.
R = Reading · W = Writing · M = Math · arrows show 3-year change
R = Reading · W = Writing · M = Math · arrows show 3-year change
Top 25% of Ontario secondary schools
Arrows show 3-year change