$1,888,800

For saleJust listed

118 May Avenue, Richmond Hill (North Richvale) - Single Family for Sale

118 May Avenue, Richmond Hill (North Richvale), Ontario, L4C3S6

7 beds6 baths8 parking3,250 ft²50 × 126 ft (6,308 sq ft) lot sizeListed 7 days ago

Overview

This 7-bedroom, 6-bathroom home in Richmond Hill is for sale offering roughly 3,250 sq ft of space. It has been on the market 7 days, fresher than the Richmond Hill average of 62 days.

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Description

The Perfect 4+3 Bedroom and 6 Bathroom Detached In Richmond Hill's North Richvale Community* Backing & Siding Onto Ravine* Family Friendly Neighbourhood* Close To Shops On Yonge, HWY's, Entertainment, The GO, Schools & Parks* Premium 50 ft x 125 fT Lot* Oversized Driveway W/ 8 Car Total Parking* Beautiful Curb Appeal W/ All Brick Exterior* Enjoy 3273 Sq Ft Above Grade* Timeless Architecture Includes Smooth 9 FT Ceilings* Property Situated On Premium Elevation* Chef's Kitchen W/ Granite Countertops* All Stainless Steel Appliances* Gas Cooktop* Under Cabinet Lighting* Breakfast Area Opens To Wide Sliding Doors W/O To Sundeck* Natural Gas For BBQ* Family Room W/ Custom Floating Gas Fireplace* Custom Entertainment Wall W/ Bookmatched Tiled Wall* Spacious Main Floor Office Facing Ravine Ultimate Privacy Staircase W/ Iron Pickets* Spacious Primary Bedroom W/ Ravine Views* Oversized Walk in Closet W/ Oraganizers* Spa-Like 6PC Ensuite W Standing Shower* Rain Shower Head* Linear Drain* Glass Enclosure & Custom Tiles From Floor To Ceiling* Dual Vanity & Free Standing Tub* W/ Second Fireplace* All Spacious Bedrooms W/ 3 Full Bathrooms On Second Floor* Roof Reshingled 2026* All New Windows 2015* New AC 2024* New Fireplace 2024* 200 AMP Electrical Panel* EV Charging In Garage* Finished 2 Bedroom Walk Up Basement Apartment W/ Separate Entrance* Separate 1 Bedroom 1 Bath Portion For Home Owner To Enjoy* Perfect Backyard Space* Must See! Don't Miss! (id:66096)

Property Details

MLS®: N14126050
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 6
Half Baths: 1
Parking: 8
Interior Size: 3,250 ft²
Lot Size: 50 × 126 ft (6,308 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.4 x 3.7 meters
Dining room: 3.7 x 3.5 meters
Family room: 5.6 x 3.7 meters
Kitchen: 6.8 x 4.8 meters
Eating area: 6.8 x 4.8 meters
Library: 3.99 x 3.39 meters

Basement

Living room: 5.2 x 3.39 meters
Bedroom: 3.7 x 3.6 meters
Bedroom: 4.1 x 2.39 meters
Kitchen: 4.3 x 3.7 meters

Features

Appliances: Window Coverings, Garage door opener remote(s)
Flooring: Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$581

List price

$1.89M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 7-bed single family in Richmond Hill (North Richvale) has been listed for 7 days, which is 55 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HOMELIFE EAGLE REALTY INC. · HANS OHRSTROM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,888,800, about 22.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $368,949 (20% down, 25-yr amortization, stress-tested) — roughly 329% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$1,888,800· $581/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $377,760

Min 20%50%

Mortgage payment$8,055/mo

Property tax (est.)$815/mo

Total monthly$8,870

Cash Needed to Close

Down payment (20%)$377,760

Land transfer tax$34,251

Est. closing costs$8,166

Total cash needed$420,177

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