<-- style PDP --> 121 May Avenue, Richmond Hill - Detached for sale for $1,999,000
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121 May Avenue

Richmond Hill, Ontario, L4C 3S7 - North Richvale

$1,999,000

  • Neighbourhood

    North Richvale

  • Major Intersection

    Yonge St/ May Ave

  • Listed Since: 61 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, Bungalow

  • Bedrooms

    3 + 2

  • Bathrooms

    1

  • Basement

    Apartment + Sep Entrance

  • Kitchen

    1 + 1

  • Total Parking

    10 (2 Attached Garage)

  • Lot Size

    67x113.33 (Feet)

  • Taxes

    $6,174.85 (2024)

  • Type

    Freehold

Property Description

Property description for 121 May Avenue, Richmond Hill

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).

Listed by HOMELIFE/MIRACLE REALTY LTD

  • MLS #

    N12307156

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available

  • Garage

    Attached, 2 spaces

  • Total Parking

    10

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.84 x 3.81 ft Ground level

    hardwood floor, Crown Moulding, Fireplace

  • Kitchen

    3.45 x 3.12 ft Ground level

    Granite Counter, Ceramic Floor, O/Looks Living

  • Br

    3.19 x 3.17 ft Ground level

    hardwood floor, B/I Closet, Crown Moulding

  • 2nd Br

    3.19 x 2.73 ft Ground level

    hardwood floor, French Doors, Crown Moulding

  • 3rd Br

    2.8 x 4.15 ft Ground level

    hardwood floor, Closet, Crown Moulding

  • Rec

    5.7 x 4.99 ft Bsmt level

    Above Grade Window, B/I Shelves, Concrete Floor

  • Br

    3.2 x 2.45 ft Bsmt level

    Above Grade Window, Closet, Concrete Floor

  • Office

    3.19 x 2.68 ft Bsmt level

    Above Grade Window, Closet, Concrete Floor

  • MLS #

    N12307156

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available

  • Garage

    Attached, 2 spaces

  • Total Parking

    10

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.84 x 3.81 ft Ground level

    hardwood floor, Crown Moulding, Fireplace

  • Kitchen

    3.45 x 3.12 ft Ground level

    Granite Counter, Ceramic Floor, O/Looks Living

  • Br

    3.19 x 3.17 ft Ground level

    hardwood floor, B/I Closet, Crown Moulding

  • 2nd Br

    3.19 x 2.73 ft Ground level

    hardwood floor, French Doors, Crown Moulding

  • 3rd Br

    2.8 x 4.15 ft Ground level

    hardwood floor, Closet, Crown Moulding

  • Rec

    5.7 x 4.99 ft Bsmt level

    Above Grade Window, B/I Shelves, Concrete Floor

  • Br

    3.2 x 2.45 ft Bsmt level

    Above Grade Window, Closet, Concrete Floor

  • Office

    3.19 x 2.68 ft Bsmt level

    Above Grade Window, Closet, Concrete Floor

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 121 May Avenue, Richmond Hill

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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