197 May Avenue, Richmond Hill, ON
Property no longer active
This property was sold on January 19, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,498,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 75.36 x 281.75 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Possibility for back lot severance to create a second lot on Marsi Rd. Services have already been installed on Marsi Rd by the previous developer. Potential to build one or two homes.** Located in the desirable North Richvale community, this 3,412 sqft home sits on a rare and spacious 75' x 282' lot in a peaceful, tree-lined neighbourhood. The extra-deep lot with potential rear access offers endless possibilities, whether you'd like to move in, renovate, or build your dream luxury home. Imagine creating a stunning modern design, a classic family estate, or a home built for entertaining with a pool and outdoor living space. Surrounded by some of Richmond Hill's most impressive custom homes, this property offers both privacy and prestige. It's also close to everything you need, including Richvale Community Centre, Mackenzie Health Hospital, top-rated schools, Hillcrest Mall, and local golf courses. Convenient transit and quick access to Highway 407 make it easy to get anywhere in the GTA.
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Property Summary
This detached home located at 197 May Avenue, Richmond Hill is currently for sale and has been available on SousaSells for 209 days. This property is listed at $2,498,000 with an estimated mortgage of $8,315* per month. It has 4 beds, 3 bathrooms, and is 3000-3500 square feet. 197 May Avenue, Richmond Hill is in the North Richvale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in North Richvale, Richmond Hill.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in North Richvale, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Rec./Commun.Centre
- School
- Park
- Public Transit
- Golf
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 197 May Avenue, Richmond Hill, ON
Q.What is the asking price for 197 May Avenue, Richmond Hill, ON ?
The current listing price for 197 May Avenue, Richmond Hill, ON in North Richvale, Richmond Hill is $2,498,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 197 May Avenue, Richmond Hill, ON ?
197 May Avenue, Richmond Hill, ON is a Detached (Backsplit 4) featuring a Finished basement.
Q.What key property features does 197 May Avenue, Richmond Hill, ON offer?
Key property features include: Hospital, Rec./Commun.Centre, School, Park, Public Transit, Golf.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 197 May Avenue, Richmond Hill, ON L4C 3S8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,498,000 in Richmond Hill, the legal minimum down payment is $499,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,925 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,925.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.