121 MAY AVENUE

House
3+2
1
700
10
$1,999,000
For sale
252 DOM

An exclusive investment opportunity in the prestigious North Richvale community! This property sits on a premium 67 ft wide lot, offering unparalleled potential for builders, developers, and investors. While the previously approved permit for a 4,000 sq. ft. home with a 4-car garage has expired, it serves as an invaluable reference for future development, buyers will need to reapply. The existing detached bungalow is move-in ready, boasting a spacious open layout, hardwood floors, crown molding, and a cozy wood-burning fireplace. A finished 2-bedroom basement apartment with a separate entrance provides excellent rental income potential. Ideally situated near top-tier amenities, including public transit, lush parks, premier shopping centres, and fine dining, this prime real estate is surrounded by multi-million-dollar estates, making it a rare and lucrative investment in a high-demand neighbourhood. Nearby Top-Rated Schools: Charles Howitt Public School (1.5 km), St. Anne Catholic Elementary School (1.3 km), Ross Doan Public School (2.0 km), Richmond Hill High School (3.5 km), Alexander Mackenzie High School (2.8 km), Langstaff Secondary School (4.2 km), St. Theresa of Lisieux Catholic High School (4.5 km), St. Marguerite d'Youville Catholic Elementary School (3.8 km). (id:50762)

Property Details
Property Type
Single Family
Building Type
House
Ownership
Condominium / Strata
Community
North Richvale
Storeys
1
Construction Year
-
Parking Type
Attached Garage, Garage
MLS ID
N12307156
Listing Date
25/07/2025
Amenities
  • Fireplace(s)
Profile Image

Yinan Xia, MBA

Yinan is a registered real estate broker in Ontario, Canada who specializes in providing real estate transaction & advisory services to clients in the Greater Toronto Area, covering both residential and commercial sectors for resale, lease, pre-construction and assignment transactions.

Powered by CondoX