121 May Ave
North Richvale, Richmond Hill
$1,999,000
Buy with Dwelly and Save $19,990
Home Details
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Listing 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).
Extras: 2 Fridges, 2 Stoves, Washer & Dryer, Existing Light Fixtures, Window Coverings, Wood Fireplace, Central Air System, Auto Garage Door Opener & Remotes, Long Driveway. Permit & Drawings: Previously approved for a 4,000 sq. ft. home with a 4-car garage (Permit now expired; buyer must reapply)
City: Richmond Hill
Neighborhood: North Richvale
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Mar 25, 2025 | 97 | $2,099,900 | N/A | Expired | N12040660 |
| May 12, 2021 | 171 | $1,899,900 | N/A | Expired | N5237974 |
| Mar 1, 2021 | 70 | $1,999,900 | N/A | Terminated | N5134942 |
| Feb 18, 2021 | 13 | $2,099,900 | N/A | Terminated | N5119426 |
| Jul 3, 2019 | 89 | $1,799,900 | N/A | Expired | N4505523 |
| Jul 16, 2018 | 91 | $2,000,000 | N/A | Terminated | N4192131 |
| Jul 16, 2018 | 91 | $2,500 | N/A | Terminated | N4192123 |
| Mar 8, 2017 | 36 | $1,589,000 | $1,585,000 | Sold | N3724735 |
| Oct 25, 2016 | 65 | $1,429,000 | N/A | Terminated | N3639004 |
| Jan 13, 2014 | 2 | $799,800 | $760,000 | Sold | N2810439 |
| Oct 3, 2013 | 88 | $799,800 | N/A | Expired | N2754576 |
| Jun 24, 2013 | 44 | $799,800 | N/A | Terminated | N2674695 |
| Jun 19, 2012 | 9 | $675,000 | $655,000 | Sold | N2396598 |
Rooms
Room dimensions for 121 May Ave, Richmond Hill
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 121 May Ave is 10369
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1999000 |
| Down Payment | $399800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1599200 |
Monthly Payment
| Mortgage Payment | $9855 |
| Property Taxes | $515 |
| Maintenance Fees | $0 |
| Monthly Payment | $10369 |
Sold Comparables
Sold Comparables homes near 121 May Ave, Richmond Hill
About 121 May Ave, Richmond Hill
Located at 121 May Ave , this Richmond Hill house is available for sale. This property was listed for $1,999,000 on Fri Jul 25 2025. This house's size is 700-1100 Sqft. It has 3 bedrooms and 1 bathroom. The property includes the following rooms: Living, Kitchen, Br, 2nd Br, 3rd Br, Rec, Br, Office. This property comes with 10 parking spots. 121 May Ave, Richmond Hill is situated in the North Richvale neighbourhood.
MLS#: N12307156 · $1,999,000 · 3 bedroom house in North Richvale, Richmond Hill