For Sale

121 May Avenue, Richmond Hill, Ontario L4C 3S7

$0

121 May Avenue, Richmond Hill, Ontario L4C 3S7 is For Sale and has a listing price of 1,999,000. The property is located in the Richvale neighbourhood . It's been on the website for 64 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 1
    Bathrooms
  • Parking
  • MLS ID: N12307156
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

An exclusive investment opportunity in the prestigious North Richvale community! This property sits on a premium 67 ft wide lot, offering unparalleled potential for builders, developers, and investors. While the previously approved permit for a 4,000 sq. ft. home with a 4-car garage has expired, it serves as an invaluable reference for future development, buyers will need to reapply. The existing detached bungalow is move-in ready, boasting a spacious open layout, hardwood floors, crown molding, and a cozy wood-burning fireplace. A finished 2-bedroom basement apartment with a separate entrance provides excellent rental income potential. Ideally situated near top-tier amenities, including public transit, lush parks, premier shopping centres, and fine dining, this prime real estate is surrounded by multi-million-dollar estates, making it a rare and lucrative investment in a high-demand neighbourhood. Nearby Top-Rated Schools: Charles Howitt Public School (1.5 km), St. Anne Catholic Elementary School (1.3 km), Ross Doan Public School (2.0 km), Richmond Hill High School (3.5 km), Alexander Mackenzie High School (2.8 km), Langstaff Secondary School (4.2 km), St. Theresa of Lisieux Catholic High School (4.5 km), St. Marguerite d’Youville Catholic Elementary School (3.8 km).

Property Details
  • Bedrooms: 5
  • MLS ID: N12307156
  • Bathrooms: 1
  • Price: $1,999,000
  • Lot Depth: 113.33
  • Transaction Types: For Sale
  • Ref ID: N12307156
  • Year Built: N/A
  • Approx Sqft: 700-1100
  • Dir / Cross St: Yonge St/ May Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
07/25/2025 N12307156 $1,999,000 For Sale - -
03/25/2025 N12040660 $2,099,900 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richvale
  • $1,833,346 Average List Price
    based on 1 year
  • 226 New Listings
    based on 30 days
  • 36 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.3 % Up
  • Sold (12mo) 124
  • Rented (12mo) 150

  • 1 Month Change +486.1%
  • 3 Month Change -
  • 6 Month Change +150.1%
Walkscore
Property Type Distribution
  • All Houses
    68.96%
  • Commercial
    5.34%
  • Condo
    25.6%
  • Land for Sale
    0.09%
  • Parking
    0.01%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 8
  • Exterior Vinyl Siding
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 1
  • Taxes: $6,175
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30 Days / TBA
  • Listing Entry Date: 25/07/2025 14:36:05
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