48 May Ave
North Richvale, Richmond Hill, Ontario L4C 3S6
- Bedrooms
- 4+1
- Bathrooms
- 5
- Size
- 3,000–3,500sq ft
- Per sq ft
- $753at the range’s middle
- Lot
- 80.25 x 152 ft
- Tax a year
- $12,5072025 tax year
- Parking
- 122 detached
- Days on market
- Members
The brief
About 48 May Ave
48 May Ave is a 4+1-bedroom, 5-bathroom detached house in North Richvale, Richmond Hill, listed for sale at an asking price of $2,448,000 (MLS® N13584390).
Discover unparalleled elegance and craftsmanship in this bespoke boutique residence, set on a rare 80 x 152 ft lot offering over 4,500 sq ft of beautifully appointed living space In coveted North Richvale. Step through a grand custom wood door into a breath taking entryway with elevated ceilings and exquisite wood paneling, set the tone for the home's timeless sophistication. Designer light fixtures, skylights, and soaring cathedral ceilings fill the space with natural light, creating a warm and Inviting ambiance. Meticulously crafted throughout, this custom home showcases exceptional attention to detail from custom-sized doors and crown mouldings to rich hardwood floors and smart lighting controls. A stunning double-sided fire place adds a touch of refined luxury, seamlessly enhancing multiple living spaces. The gourmet chef's kitchen Is both functional and striking, featuring top-tier Integrated appliances, a grand custom island, bespoke cabinetry, skylights, and an elegant designer chandelier Overlooking the award-winning landscaped backyard, it flows effortlessly into a spacious breakfast area, formal dining room, and a bright family room with large windows and charming cushioned window seats, The primary suite is a private sanctuary, highlighted by soaring cathedral ceilings, rich wood paneling, and a designer light fixture. A Juliette balcony invites natural sunlight, while the luxurious 6-piece, spa-inspired ensuite offers ultimate comfort and tranquility, The expansive lower level is designed for both relaxation and entertainment, featuring a large recreation area with high lookout windows and a projector screen-perfect for movie nights and gatherings out doors, enjoy your own private retreat complete with a custom cabana, sparkling pool, hot tub with automated cover, motorized patio awning, basketball hoop, and multiple zones for dining, lounging, and entertaining-an exceptional setting for both everyday living and hosting.
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−$7,411/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 detached homes with 5 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
- $12,507 / 2025
- MLS® number
- N13584390
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 80.25 x 152 ft
- Listed on
- Parking
- 2 Detached, 12 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 4
- Community
- North Richvale
- Municipality
- Richmond Hill
Building
- Size
- 3000-3500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 5
- Bathroom Details
- 1 × 6pc 2nd, 1 × 4pc Main, 1 × 3pc Ground, 1 × 2pc Ground, 1 × 2pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 10
- Total Parking
- 12
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 80.25 ft
- Depth
- 152 ft
- Lot Size
- 80.25 x 152 ft
Additional
- Foundation
- Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Range, Hood fan (Thermador), dishwasher (Miele) Washer & Dryer, CAC (2), Furnace (2), Gas Fireplace (2), All Elf, All Window Coverings, Gdo & Remotes, 2 electric car chargers.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.0 × 5.1 m | Fireplace, California Shutters | Main |
| Dining | 4.39 × 3.26 m | Large Window, California Shutters, Wainscoting | Main |
| Kitchen | 4.06 × 5.58 m | Stainless Steel Appl, O/Looks Pool, Cathedral Ceiling | Main |
| Breakfast | 4.39 × 3.73 m | Pantry, Pot Lights, Combined W/Kitchen | Main |
| Primary | 6.64 × 5.41 m | Closet, California Shutters | Main |
| 2nd Br | 4.08 × 4.06 m | hardwood floor, Bow Window, hardwood floor | Main |
| 3rd Br | 3.85 × 4.12 m | Closet Organizers, Pot Lights, hardwood floor | Main |
| 4th Br | 6.52 × 5.59 m | W/I Closet, 3 Pc Ensuite, California Shutters | Ground |
| Office | 3.45 × 2.61 m | Large Window, Separate Rm | Lower |
| Rec | 6.17 × 11.65 m | Fireplace, Pot Lights, 2 Pc Bath | Lower |
| Games | 5.37 × 5.28 m | — | Lower |
Listing history
Buy/sell history for 48 May 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 | $2,448,000 | N/A | Pc | N13584390 |
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
- $489,600
- Total mortgage amount
- $1,958,400
- Total interest payment
- $1,392,300
- Total purchase cost
- $3,840,300
- Mortgage payment
- $11,169/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
73%Monthly carrying cost
$12,211- Rent $4,800
- Shortfall $7,411
Rental income opens at $4,800, the median asking rent of 21 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
- $47,675
- Total land transfer tax
- $47,675
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $43,675
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 $2,448,000
- $11,200
- Ontario total
- $47,675
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
- 12,198 sq ft1,133 m²
- Street frontage
- 80.25 ft24.5 m
- Depth
- 152 ft46.3 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.
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
- 4 water-supply wells recorded within 250 mAll were drilled for domestic use; 2 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 6.7 m.250 m
- Groundwater recorded about 5.5 m below ground nearbyThe middle water level in the well records within 500 m (160 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
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, 1.8 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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 North Richvale right now
- For sale now
- 41
- Median asking price
- $1.69M
- New in 7 days
- 6
- Price cuts
- 15%
Middle half: $1.26M to $2.3M
13 in 28 days
6 listings
This home is asking 45% above the median, higher than three quarters of them.
See all homes in North 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 / Weldrick | YRT bus rapid transit: Viva Blue | 550 m |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 750 m |
| Yonge / 16th-Carrville | YRT bus rapid transit: Viva Blue | 1.3 km |
| Richmond Hill GO | GO Transit train: Richmond Hill | 1.6 km |
| Yonge / Crosby | YRT bus rapid transit: Viva Blue | 1.9 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 |
|---|---|---|---|
| Ross Doan Public SchoolYork Region DSB | Public · grades JK–5 | 650 m | 80%Grade 3 average |
| St Anne Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.1 km | 93%Grade 6 average |
| St Charles Garnier Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.3 km | 88%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.6 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Alexander MacKenzie High SchoolYork Region DSB | Public · grades 9–12 | 950 m | 77%Grade 9 math |
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 1.6 km | 90%Grade 9 math |
| Bayview Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.6 km | 91%Grade 9 math |
| Our Lady Queen of the World CA High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 3.1 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
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Sold prices in North Richvale are shown to signed-in members.