$2,099,900
15.13 BTC
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Map
121 May Avenue, Richmond Hill
$2,099,900
PRICE
3 + 2
BEDROOMS
1
BATHROOMS
N12040660
MLSID

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).
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Sold History

SOLD
13 April 2017
$1,585,000
SOLD
15 January 2014
$760,000
SOLD
28 June 2012
$655,000
SOLD
15 August 2001
$241,000

Summary

Address
121 May Avenue
MLSID
N12040660
Property Type
Detached
Property Category
Bedrooms
3 + 2
Bathrooms
1
Kitchens
1 + 1
Zoning
To be determined
Taxes (Annual)
$6,174.85
Tax Year
2024
Published
March 25, 2025
Days on Market
89 Days
Possession Type
30-59 Days
Possession Details
Tbd
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Inclusions

FEATURES & INCLUSIONS 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)

Details

Bathroom 1
1-Piece Main Level
Parking Spaces
8
Parking Total
10
Parking Features
Available
Architectural Style
Bungalow
Lot Size
7,593 SquareFeet
Lot Width
67 Feet
Lot Depth
113 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with HOMELIFE/MIRACLE REALTY LTD
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Appointment Date & Time
Date
Time
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