127 May Avenue, Richmond Hill, ON
North Richvale, Richmond Hill · MLS® N13153872
About this home
In short
- Welcome to prestigious May Avenue one of the best street over 45% of houses rebuilt in the heart of North Richvale, Richmond Hill - a rare custom-built luxury estate...
- Designed with timeless elegance throughout, the home features natural marble flooring, hardwood floors on the second level, Italian-crafted coffered ceilings, crown...
- Each second-floor bedroom includes its own ensuite bath and walk-in closet, while the stunning primary retreat features an ~11-ft cathedral ceiling, spa-inspired...
- The fully finished walk-out basement is ideal for entertainment and multi-generational living, complete with a recreation area, yoga studio, sauna/steam room, and...
- Located within the sought-after Ross Doan PS and Alexander Mackenzie HS (IB), and minutes to Hwy 404, GO Transit, shopping, dining, hospitals, and community centres.
Welcome to prestigious May Avenue one of the best street over 45% of houses rebuilt in the heart of North Richvale, Richmond Hill - a rare custom-built luxury estate offering approximately 8,000 sq ft of finished living space, including 5,477 sq ft above grade and a fully finished walk-out basement. Situated on an extra-deep lot with no sidewalk, this move-in ready residence combines exceptional craftsmanship, elite school access, and rare 10-car parking capacity.Designed with timeless elegance throughout, the home features natural marble flooring, hardwood floors on the second level, Italian-crafted coffered ceilings, crown moulding, pot lights, and 5 fireplaces. The chef-inspired kitchen boasts a large granite island, premium built-in appliances, gas stove, and seamless walk-out to the covered rear deck and landscaped backyard.Each second-floor bedroom includes its own ensuite bath and walk-in closet, while the stunning primary retreat features an ~11-ft cathedral ceiling, spa-inspired 6-piece ensuite, and oversized walk-in closet.The fully finished walk-out basement is ideal for entertainment and multi-generational living, complete with a recreation area, yoga studio, sauna/steam room, and home theatre. Exterior highlights include a wrought iron fenced yard, oversize stone driveway, tandem 4-car garage, and parking for up to 10 vehicles. Located within the sought-after Ross Doan PS and Alexander Mackenzie HS (IB), and minutes to Hwy 404, GO Transit, shopping, dining, hospitals, and community centres.A truly irreplaceable luxury offering in one of Richmond Hill's most prestigious neighbourhoods. 3D tour at https://vt.torontohousetour.com/127-May-Ave/matterport2.php. More pictures at https://vt.torontohousetour.com/127-May-Ave/gallery2.php.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13153872
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (1 half)
- Size
- 5,000 sq ft
- Lot
- 75.73 × 169.81 ft
- Cross streets
- Bathurst/Rutherford
- Parking
- 4 garage · 10 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $21,491 / 2026
- Days on market
- 152
- Listing brokerage
- EXP REALTY
Rooms
hardwood floor · gas fireplace · moulded ceiling
marble floor · french doors · w/o to patio
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · 4 pc ensuite · walk-in closet(s)
laminate · walk-in closet(s) · semi ensuite
hardwood floor · illuminated ceiling · his and hers closets
coffered ceiling(s) · hardwood floor · fireplace
hardwood floor · moulded ceiling · double doors
moulded ceiling · hardwood floor · fireplace
marble floor · granite counters · pantry
laminate · gas fireplace · w/o to yard
hardwood floor · 3 pc ensuite · walk-in closet(s)
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
North Richvale, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,911,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,097
- Property tax
- $1,791
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,887
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $77,450
- Estimated closing costs
- $77,450
Plus your down payment of $727,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $965,791
- Principal paid down
- $355,695
- Interest paid
- $610,097
- Balance remaining
- $2,555,505
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.