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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N14137378For SaleDetached

126 Spruce Ave

South Richvale, Richmond Hill, Ontario L4C 6W1

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126 Spruce Ave, Richmond Hill, photo 1
Asking$1,890,000
Bedrooms
3+1
Bathrooms
3
Size
1,100–1,500sq ft
Per sq ft
$1,454at the range’s middle
Lot
50 x 241.75 ft
Tax a year
$10,1472026 tax year
Parking
82 built-in
Days on market
Members

The brief

About 126 Spruce Ave

126 Spruce Ave is a 3+1-bedroom, 3-bathroom detached house in South Richvale, Richmond Hill, listed for sale at an asking price of $1,890,000 (MLS® N14137378).

Endless Potential in South Richvale! Huge 50'x241' Deep Lot | 2 Kitchens | Walk-Out Basement. Rare dual opportunity for premium builders, investors, & families in Richmond Hill's most prestigious pocket, surrounded by multi-million dollar estates. Meticulously maintained by the original owner, this solid home features nearly 3,000 sq ft of finished living space. Excellent multi-gen or income layout boasting a lower level with a separate entrance, full 2nd kitchen, and a bright walk-out. Builders: enjoy an ultra-deep, flat lot lined with mature trees-the perfect canvas for a custom luxury estate. Live in, rent out for high holding income, or build your dream home. New price structure in place. Highly motivated seller-bring an offer today!

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$5,069/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 44 detached homes with 4 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$10,147 / 2026
MLS® number
N14137378
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1100-1500 sqft
Lot Size
50 x 241.75 ft
Listed on
Parking
2 Built-In, 8 Parking
Listing brokerage: REMAX YOUR COMMUNITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Bungalow-Raised
Community
South Richvale
Municipality
Richmond Hill

Building

Size
1100-1500 sqft
Construction
Brick

Inside

Bedrooms
3+1
Bathrooms
3
Bathroom Details
1 × 4pc Main, 1 × 4pc Lower, 1 × 2pc Main
Basement Type
Finished
Kitchens
2

Parking

Driveway
Private
Garage Type
Built-In
Garage
2
Additional Parking
6
Total Parking
8

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
50 ft
Depth
241.75 ft
Lot Size
50 x 241.75 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
* Some Interior images: Living, Dining, Kitchen are "VIRTUALLY STAGED".

Rooms

RoomSizeFeaturesLevel
Living4.05 × 4.73 mhardwood floor, O/Looks FrontyardMain
Dining3.43 × 3.55 mhardwood floor, WindowMain
Kitchen2.81 × 3.21 mCeramic Floor, Family Size Kitchen, Ceramic Back SplashMain
Breakfast2.75 × 3.21 mCeramic Floor, WindowMain
Primary3.43 × 4.28 mhardwood floor, Large Closet, WindowMain
2nd Br3.05 × 3.25 mhardwood floor, B/I Closet, WindowMain
3rd Br2.74 × 3.25 mhardwood floor, B/I Closet, WindowMain
Rec7.9 × 8.31 mCeramic Floor, Brick Fireplace, 4 Pc BathLower
Kitchen3.2 × 7.47 mEat-In Kitchen, Ceramic Back Splash, WindowLower
Other3.61 × 4.33 mCeramic Floor, Window, Separate RmLower
Laundry4.11 × 4.11 mCeramic Floor, Double Sink, WindowLower

Listing history

Buy/sell history for 126 Spruce Ave, Richmond Hill, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,890,000N/AFor SaleN14137378

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $378,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$378,000
Total mortgage amount
$1,512,000
Total interest payment
$1,074,900
Total purchase cost
$2,964,900
Mortgage payment
$8,623/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

67%

Monthly carrying cost

$9,469
−$5,069per month
  • Rent $4,400
  • Shortfall $5,069

Rental income opens at $4,400, the median asking rent of 44 comparable homes for lease in Richmond Hill. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$34,275
Total land transfer tax
$34,275
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$30,275
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,890,000
$29,800
Ontario total
$34,275

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Detached homes for sale in South Richvale right now

For sale now
67
Median asking price
$3.45M

Middle half: $2.28M to $5.93M

New in 7 days
6

14 in 28 days

Price cuts
18%

12 listings

This home is asking 45% below the median, lower than three quarters of them.

See all homes in South Richvale

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Yonge / 16th-CarrvilleYRT bus rapid transit: Viva Blue1 km
Yonge / Bantry-ScottYRT bus rapid transit: Viva Blue1.1 km
Yonge / WeldrickYRT bus rapid transit: Viva Blue1.4 km
Richmond Hill CentreYRT bus rapid transit: Viva Blue, Viva Orange, Viva Purple1.8 km
Langstaff GOGO Transit train: Richmond Hill2.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Charles Garnier Catholic Elementary SchoolYork CDSBCatholic · grades JK–8450 m88%Grade 6 average
Charles Howitt Public SchoolYork Region DSBPublic · grades JK–8750 m85%Grade 6 average
Ross Doan Public SchoolYork Region DSBPublic · grades JK–51 km80%Grade 3 average
ÉÉC Le-Petit-PrinceConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–86.5 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Langstaff Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion1.2 km53%Grade 9 math
Alexander MacKenzie High SchoolYork Region DSBPublic · grades 9–122.3 km77%Grade 9 math
École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–123.2 km90%Grade 9 math
Our Lady Queen of the World CA High SchoolYork CDSBCatholic · grades 9–12 · French Immersion4.6 km79%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in South Richvale are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record