198 May Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey 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 $4,500,000 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.
- 6 Bedrooms and 9 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 76 x 279 ft lot
- Features a walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Built-In Oven, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This Custom-designed Residence Sits on a Rare 76 x 279 ft Lot Backing Directly onto Huge Ravine, Offering Exceptional Privacy and Space. The Home Features 6 Bedrooms & 9 Bathrooms, Approximately 8,000 sf of Living Space.A Custom Solid-wood Front Door Leads Into the Main Floor With 11 ft Ceilings. In Addition to Four Bedrooms on the Second Level, the Home Includes a Private Guest Suite With Its Own Practical Kitchenette-perfect For Visitors or Extended Family. A Private Elevator Provides Access To Each floor.The Entire Main Level, Including the Kitchen,Living,Family & Dining Room, Was Fully Renovated in 2026, Bringing a Fresh and Modern Feel to the Home.The Property Includes a Three-car Garage, Plus a Special Passage That Allows Utility Vehicles to Access the Backyard for Maintenance or Outdoor Projects.The Finished Walk-up Basement Offers a Recreation area, Bar, Gym, Sauna,Home Theatre.For Security and Comfort, the Estate is Enclosed by Iron Gates and Equipped With a Full Security System. The Driveway Also Features a Heated Snow-melting System for Effortless Winter Living. (Please see attached Feature List For All Details)
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Built-In Oven, Auto Garage Door Remote
Security Features
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Location
Property History
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Pricing & Value Insights
Data-driven valuation for 198 May Avenue, Richmond Hill, ON L4C 3S6
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 $4,500,000 in Richmond Hill, the legal minimum down payment is $900,000 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 $98,975 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 $98,975.
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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.