Stunning 2 Storey Home on a rare oversized 75 x 150 Ft Lot with a natural backdrop! Locate in the highly desirable Oak Ridges Community, just steps to Lake Wilcox. Enjoy the feel of cottage living every day on this private, treed lot with a serene natural backdrop. Huge garage with extended driveway. Beautifully upgraded throughout with a custom kitchen featuring granite countertops, and heated travertine floors. The spacious breakfast area opens to a bright solarium. Includes hardwood floors, crown moulding, and 8.5 baseboards. Bonus Income potential! Home is currently set up as two separate units. See additional remarks to data form.
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $873 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 116 Moray Ave
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
20 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
20
Interior
Basement
Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
116 Moray Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,435
/mo
based on the purchase price of $1,309,900
$261,980 cash
$1,047,920 financed
$882,624 total interest
Principal54%$1,047,920
Interest46%$882,624
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other 3–5 bed homes for sale in Richmond Hill around $1.3M.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,251Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with May 15 – Aug 13, 2026: prices up.
Based on 791 sales from Aug 13 – Nov 11, 2026 (630 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 116 Moray Ave
How much is 116 Moray Ave listed for?
116 Moray Ave is listed at $1,309,900 (MLS® N13774632). Summitly updates the price as soon as the MLS® record changes.
Is $1,309,900 a good price for 116 Moray Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 116 Moray Ave changed?
Yes — it was first listed at $1,377,500 and is now $1,309,900, a drop of $67,600 (4.9%).
How many bedrooms and bathrooms does 116 Moray Ave have?
116 Moray Ave has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Richmond Hill.
How much would the monthly mortgage be on 116 Moray Ave?
About $6,435 a month — principal and interest on $1,309,900 with 20% down ($261,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 116 Moray Ave compare with other homes in Richmond Hill?
Its asking price of $1,309,900 is about 15% above the median sold price in Richmond Hill over the last 90 days, $1,135,000, across 791 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 116 Moray Ave been sold before?
Summitly has no earlier MLS® sale or lease of 116 Moray Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 116 Moray Ave?
116 Moray Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 116 Moray Ave been on the market?
61 days — 116 Moray Ave was listed on September 11, 2026.
What is the price per square foot of 116 Moray Ave?
About $655 to $873 per square foot: the asking price of $1,309,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 116 Moray Ave have parking or a garage?
Yes — the listing gives 20 parking spaces. Garage: Yes.
Does 116 Moray Ave have a basement, and is it finished?