Re-listed 10 days ago

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 market10 days

Total days on market
80 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 grand arrival begins with the heated driveway and heated walkways, setting the tone for the extraordinary luxury found throughout. A breathtaking 27-ft sun-filled central atrium with soaring ceilings and multiple skylights creates an unforgettable first impression, while the custom open-rise Art Deco-inspired hardwood staircase with intricate railings serves as the home's architectural centrepiece. Heated tiled floors, zen-inspired clean lines, and expansive open-concept living spaces blend warmth with sophisticated contemporary design. The chef-inspired kitchen showcases premium Miele appliances, a fully equipped prep kitchen, premium cabinetry, and a dramatic stone waterfall centre island. The lavish primary retreat features a private balcony, His & Hers walk-through closets, and a spa-inspired 7-piece ensuite complete with a steam shower and heated floors. Designed for exceptional entertaining and wellness, the sprawling lower level offers a home theatre, wine cellar, recreation room, games room, wet bar, nanny suite, and a private gym with sauna and 3-piece bath. Additional luxury features include a 4-level elevator, Control4 home automation, Sonos surround sound throughout, and automated window coverings. The spectacular resort-style backyard is an entertainer's dream, highlighted by an oversized covered veranda, outdoor BBQ kitchen, pergola, spa jacuzzi, and a magnificent 20 x 40 ft. saltwater inground pool, creating the ultimate private oasis for relaxing and entertaining in style.


Property Details

Style2-Storey
View-
Age of property0-5
SqFt~5000 + SqFt
Lot Size14,460 SqFt(241 x 60)
Parking Spaces6
MLS ®NumberN13607706
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 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

40 days

Compared to

2025

40 days

2024

40 days

2023

19 days

New Listings

Past 30 days

33 listings

Compared to

2025

46 listings

2024

44 listings

2023

40 listings

Units sold

Past 30 days

8 units

Compared to

2025

18 units

2024

7 units

2023

14 units

Median Sold Price

Past 30 days

$1,299,500

Compared to

2025

$1,637,500

2024

$1,550,000

2023

$1,778,000


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