The SiO2 precursor solution was impregnated into heat-treated rubber wood to enhance its mechanical and flame-retarding properties. Test specimens were randomly divided into four groups, i.e., untreated (U), heat-treated (HT), impregnated SiO2 precursor before heat treatment (ISB) and after heat treatment (ISA). Results showed that, compared with HT wood specimens, the modulus of rupture (MOR) and compression strength of ISB and ISA wood specimens were both increased. The hygroscopicity of modified wood was decreased and the dimension stability was consequently improved. Surprisingly, the hardness of ISB specimens increased by 43.65%. The thermogravimetric (TG) examination showed that the incorporation of silicon retarded the thermal decomposition and improved the thermal stability of wood. Furthermore, the scanning electron microscopy (SEM) and energy dispersive X-ray analysis (EDXA) revealed that the SiO2 gel was deposited in the cell wall, The Fourier transform infrared spectroscopy (FTIR) showed the formation of Si–O–Si and Si–O–C covalent bonds. The X-ray diffraction (XRD) tests indicated that the impregnation of SiO2 precursor had slight effect on the crystalline structure of the wood.