Endless Potential in South Richvale! Huge 50'x241' Deep Lot | 2 Kitchens | Walk-Out Basement. Rare dual opportunity for premium builders, investors, & families in Richmond Hill's most prestigious pocket, surrounded by multi-million dollar estates. Meticulously maintained by the original owner, this solid home features nearly 3,000 sq ft of finished living space. Excellent multi-gen or income layout boasting a lower level with a separate entrance, full 2nd kitchen, and a bright walk-out. Builders: enjoy an ultra-deep, flat lot lined with mature trees-the perfect canvas for a custom luxury estate. Live in, rent out for high holding income, or build your dream home. New price structure in place. Highly motivated seller-bring an offer today!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $1,718 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 126 Spruce Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
126 Spruce Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14137378$1,890,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 126 Spruce Ave Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$9,285
/mo
based on the purchase price of $1,890,000
$378,000 cash
$1,512,000 financed
$1,273,501 total interest
Principal54%$1,512,000
Interest46%$1,273,501
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.
For homeowners nearby
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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 4–5 bed homes for sale in Richmond Hill around $1.9M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.6%On average, homes sold below asking.
Active listings1,123Homes for sale here right now.
Median vs prior 90 days+3.6%Compared with May 6 – Aug 4, 2026: prices up.
Based on 823 sales from Aug 4 – Nov 2, 2026 (614 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 126 Spruce Ave
How much is 126 Spruce Ave listed for?
126 Spruce Ave is listed at $1,890,000 (MLS® N14137378). Summitly updates the price as soon as the MLS® record changes.
Is $1,890,000 a good price for 126 Spruce 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 126 Spruce Ave changed?
No — 126 Spruce Ave is still listed at its original asking price of $1,890,000.
How many bedrooms and bathrooms does 126 Spruce Ave have?
126 Spruce Ave has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Richmond Hill.
How much would the monthly mortgage be on 126 Spruce Ave?
About $9,285 a month — principal and interest on $1,890,000 with 20% down ($378,000), 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 126 Spruce Ave compare with other homes in Richmond Hill?
Its asking price of $1,890,000 is about 66% above the median sold price in Richmond Hill over the last 90 days, $1,140,000, across 823 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 126 Spruce Ave been sold before?
Summitly has no earlier MLS® sale or lease of 126 Spruce Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 126 Spruce Ave?
126 Spruce Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 126 Spruce Ave been on the market?
1 day — 126 Spruce Ave was listed on November 1, 2026.
What is the price per square foot of 126 Spruce Ave?
About $1,260 to $1,718 per square foot: the asking price of $1,890,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 126 Spruce Ave have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 126 Spruce Ave have a basement, and is it finished?
The listing describes the basement as: Finished, Separate Entrance.
