5 days on Market

116 OAK Ave, Richmond Hill, Ontario L4C 6R7

Detached
5 + 1
9
~5000 + sqft
$5,500,000
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Detached
5 + 1
9
~5000 + sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$550/sqft

Monthly cost

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Description

Sleek & stunning contemporary masterpiece in prestigious South Richvale offering over 11,170 sq.ft. of luxurious living space, including approximately 6,400 sq.ft. above grade plus a spectacular 3,770 sq.ft. lower level. Designed with uncompromising attention to detail, this exceptional residence features 5+1 bedrooms, 9 designer washrooms, 12-ft ceilings on the main floor, 10-ft ceilings on the upper level, and 9.5-ft ceilings below grade. A dramatic 27-ft sun-filled central atrium with soaring ceilings and multiple skylights creates a breathtaking first impression. The custom open-rise Art Deco-inspired hardwood staircase with intricate railings anchors the homes refined architectural design. Heated tiled floors, zen-inspired clean lines, and expansive open-concept living spaces provide seamless elegance and comfort throughout. The chef-inspired kitchen w/ 'MIele' appliances is complemented by a fully equipped prep kitchen, premium cabinetry, and a striking stone waterfall centre island. The lavish primary retreat showcases a private balcony, "His & Hers" walk-through closets, and a spa-inspired 7-piece ensuite with steam shower and heated floors. The sprawling lower level is designed for ultimate entertaining and wellness with a home theatre, wine cellar, recreation room, games room, wet bar, nanny suite, and private gym with sauna and 3-piece bath. Additional luxury features include a 4-level elevator, heated driveway and walkways, Control4 automation, Sonos surround sound throughout, and automated window coverings. The resort-style backyard oasis features an oversized covered veranda, outdoor BBQ kitchen, pergola, spa jacuzzi, and a magnificent 20 x 40 ft saltwater inground pool.


Property Details

Style2-Storey
View-
Age of property0-5
SqFt~5000 + SqFt
Lot Size14,460 SqFt(241 x 60)
Parking Spaces6
MLS ®NumberN13146384
Community NameRichvale
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O, Finished

Main Floor

Great Rm

9.07 x 7.44

Cathedral Ceiling / Open Concept / Floating Stairs

Living

10.21 x 5.49

Floor/Ceil Fireplace / Combined W/Dining / hardwood floor

Dining

10.82 x 5.49

Open Concept / Walk Through / hardwood floor

Office

4.91 x 3.35

French Doors / B/I Bookcase / O/Looks Frontyard


Features

Lot size: 14,460 SqFt
Pool: Inground, Other

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 4

Total parking spaces 6


Property History

May 20, 2026
ListedActive
$5,500,000
5 days on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX REALTRON REALTY INC., Brokerage
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Market Data - Richvale

Geo Zone Map ThumbnailRichvale

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2025

29 days

2024

23 days

2023

12 days

New Listings

Past 30 days

35 listings

Compared to

2025

43 listings

2024

37 listings

2023

32 listings

Units sold

Past 30 days

13 units

Compared to

2025

12 units

2024

13 units

2023

15 units

Median Sold Price

Past 30 days

$1,400,000

Compared to

2025

$1,496,500

2024

$2,000,000

2023

$1,550,000


Population and Demographics

Overview

Total population 24003
Average household income $138,854

Age (%)

0 to 19
18%
20 to 34
17%
35 to 49
19%
50 to 64
23%
65 and plus
23%

Household composition (%)

Single family
71%
Single person
25%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
42%
Iranian Persian
16%
Russian
9%
Mandarin
8%
Italian
6%
Yue (Cantonese)
5%
Korean
3%
Persian (Farsi)
2%
Others
2%

House tenancy (%)

Owners
79%
Renters
21%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget