Re-listed 5 days ago

197 May Ave, Richmond Hill, Ontario L4C 3S8

Detached
4
3
~3000-3500 sqft
$•••,•••
$2,498,000
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Detached
4
3
~3000-3500 sqft

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Highlights

Property Estimate

Days on market5 days

Total days on market
97 days

Estimated valueNot available

Price/Sqft$773/sqft

Monthly cost

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Description

**Possibility for back lot severance to create a second lot on Marsi Rd. Services have already been installed on Marsi Rd by the previous developer. Potential to build one or two homes.** Located in the desirable North Richvale community, this 3,412 sqft home sits on a rare and spacious 75' x 282' lot in a peaceful, tree-lined neighbourhood. The extra-deep lot with potential rear access offers endless possibilities, whether you'd like to move in, renovate, or build your dream luxury home. Imagine creating a stunning modern design, a classic family estate, or a home built for entertaining with a pool and outdoor living space. Surrounded by some of Richmond Hill's most impressive custom homes, this property offers both privacy and prestige. It's also close to everything you need, including Richvale Community Centre, Mackenzie Health Hospital, top-rated schools, Hillcrest Mall, and local golf courses. Convenient transit and quick access to Highway 407 make it easy to get anywhere in the GTA.


Property Details

StyleBacksplit 4
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size21,232 SqFt(281.75 x 75.36)
Parking Spaces8
MLS ®NumberN12679850
Community NameRichvale
Data SourceTRREB
Listing byRE/MAX ALL-STARS BENCZIK KAVANAGH TEAM

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Lower Floor

Laundry

3.0 x 2.55

Tile Floor / Pot Lights / W/O To Sunroom

4th Br

4.35 x 4.21

Broadloom / W/O To Sunroom / French Doors

Family

5.23 x 4.2

Broadloom / W/O To Sunroom / Fireplace

Sunroom

13.43 x 6.14

Tile Floor / W/O To Yard / Skylight


Features

Lot size: 21,232 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 6

Total parking spaces 8


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
5 days on market
history photo preview42
Listing by trreb®
Property listed by RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM, 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

53 days

Compared to

2025

80 days

2024

23 days

2023

40 days

New Listings

Past 30 days

10 listings

Compared to

2025

15 listings

2024

4 listings

2023

15 listings

Units sold

Past 30 days

3 units

Compared to

2025

12 units

2024

5 units

2023

12 units

Median Sold Price

Past 30 days

$1,340,000

Compared to

2025

$1,538,750

2024

$1,600,000

2023

$2,187,500


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