42 Oak Ave
South Richvale, Richmond Hill, Ontario L4C 6R7
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 2,000–2,500sq ft
- Per sq ft
- $937at the range’s middle
- Lot
- 45 x 241.5 ft
- Tax a year
- $10,9152025 tax year
- Parking
- 62 attached
- Days on market
- Members
The brief
About 42 Oak Ave
42 Oak Ave is a 3-bedroom, 2-bathroom detached house in South Richvale, Richmond Hill, listed for sale at an asking price of $2,109,000 (MLS® N13687174).
Welcome to 42 Oak Ave, ideally situated in the prestigious South Richvale community of Richmond Hill. This beautiful bungalow, built in 1999, sits on an impressive 45 241.5 ft lot, offering exceptional depth, privacy and endless possibilities. The home features skylights and a functional, spacious layout with excellent potential for those looking to renovate, modernize and create a truly customized residence in one of Richmond Hill's most sought-after neighbourhoods. Whether you envision a sophisticated contemporary update or a complete transformation, this property provides a fantastic foundation to bring your vision to life. The clean, unfinished basement offers a blank canvas ready to be completed to suit your needs-perfect for additional living space, a recreation room, home gym, office, theatre or guest accommodations. Additional highlights include an attractive interlock driveway, a new fence installed in August 2026, and a lift providing access from the garage into the home. A rare opportunity to own a bungalow on an exceptionally deep lot in prestigious South Richvale. Enjoy the existing home as-is, renovate to your taste, or explore the future potential this property and location have to offer. Close to excellent schools, 407 ETR, parks, shopping, restaurants, transit and major highways.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$7,532/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 36 detached homes with 3 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
- $10,915 / 2025
- MLS® number
- N13687174
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 45 x 241.5 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- South Richvale
- Municipality
- Richmond Hill
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 4pc Flat
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 45 ft
- Depth
- 241.5 ft
- Lot Size
- 45 x 241.5 ft
Additional
- Foundation
- Concrete, Concrete Block
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, stove, washer, dryer, accessible lift, all existing electrical light fixtures and all existing window coverings, all in "as is" condition.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.4 × 7.1 m | hardwood floor, Window | Main |
| Dining | 5.12 × 6.28 m | Tile Floor, Gas Fireplace | Main |
| Kitchen | 3.31 × 4.29 m | Tile Floor, Eat-In Kitchen, Granite Counter | Main |
| Pantry | 1.57 × 3.31 m | Tile Floor, B/I Shelves | Main |
| Primary | 4.47 × 5.0 m | hardwood floor, W/I Closet, Ensuite Bath | Main |
| 2nd Br | 3.58 × 3.35 m | hardwood floor, Window | Main |
| 3rd Br | 3.42 × 3.3 m | Window | Main |
| Laundry | 1.65 × 2.98 m | Tile Floor, Access To Garage | Main |
Listing history
Buy/sell history for 42 Oak Ave, Richmond Hill, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,109,000 | N/A | Pc | N13687174 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $421,800
- Total mortgage amount
- $1,687,200
- Total interest payment
- $1,199,400
- Total purchase cost
- $3,308,400
- Mortgage payment
- $9,622/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
83%Monthly carrying cost
$10,532- Rent $3,000
- Shortfall $7,532
Rental income opens at $3,000, the median asking rent of 36 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
- $39,200
- Total land transfer tax
- $39,200
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $35,200
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,109,000
- $2,725
- Ontario total
- $39,200
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 land
Lot
- Lot area
- 10,868 sq ft1,010 m²
- Street frontage
- 45 ft13.7 m
- Depth
- 241.5 ft73.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 m2 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.8 m.250 m
- Groundwater recorded about 4.1 m below ground nearbyThe middle water level in the well records within 500 m (130 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.2 km5.2 km
Province of Ontario open data
Around the home1
- Nearest rail line: 580 m580 m
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Envirogard Products Limited — Envirogard Products Limitied, 3.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 110 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (110 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.110 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Dotto One, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Detached homes for sale in South Richvale right now
- For sale now
- 67
- Median asking price
- $3.45M
- New in 7 days
- 6
- Price cuts
- 18%
Middle half: $2.28M to $5.93M
14 in 28 days
12 listings
This home is asking 39% below the median, lower than three quarters of them.
See all homes in South RichvaleAsking 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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / 16th-Carrville | YRT bus rapid transit: Viva Blue | 450 m |
| Yonge / Bantry-Scott | YRT bus rapid transit: Viva Blue | 500 m |
| Yonge / Weldrick | YRT bus rapid transit: Viva Blue | 1.2 km |
| Richmond Hill Centre | YRT bus rapid transit: Viva Blue, Viva Orange, Viva Purple | 1.3 km |
| Langstaff GO | GO Transit train: Richmond Hill | 1.6 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Charles Howitt Public SchoolYork Region DSB | Public · grades JK–8 | 650 m | 85%Grade 6 average |
| St Charles Garnier Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 950 m | 88%Grade 6 average |
| St John Paul II Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.1 km | 88%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.5 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Langstaff Secondary SchoolYork Region DSB | Public · grades 9–12 · French Immersion | 1.2 km | 53%Grade 9 math |
| Alexander MacKenzie High SchoolYork Region DSB | Public · grades 9–12 | 2.4 km | 77%Grade 9 math |
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 3.2 km | 90%Grade 9 math |
| Our Lady Queen of the World CA High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 4.4 km | 79%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.