Welcome to prestigious May Avenue one of the best street over 45% of houses rebuilt in the heart of North Richvale, Richmond Hill - a rare custom-built luxury estate offering approximately 8,000 sq ft of finished living space, including 5,477 sq ft above grade and a fully finished walk-out basement. Situated on an extra-deep lot with no sidewalk, this move-in ready residence combines exceptional craftsmanship, elite school access, and rare 10-car parking capacity.Designed with timeless elegance throughout, the home features natural marble flooring, hardwood floors on the second level, Italian-crafted coffered ceilings, crown moulding, pot lights, and 5 fireplaces. The chef-inspired kitchen boasts a large granite island, premium built-in appliances, gas stove, and seamless walk-out to the covered rear deck and landscaped backyard.Each second-floor bedroom includes its own ensuite bath and walk-in closet, while the stunning primary retreat features an ~11-ft cathedral ceiling, spa-inspired 6-piece ensuite, and oversized walk-in closet.The fully finished walk-out basement is ideal for entertainment and multi-generational living, complete with a recreation area, yoga studio, sauna/steam room, and home theatre. Exterior highlights include a wrought iron fenced yard, oversize stone driveway, tandem 4-car garage, and parking for up to 10 vehicles. Located within the sought-after Ross Doan PS and Alexander Mackenzie HS (IB), and minutes to Hwy 404, GO Transit, shopping, dining, hospitals, and community centres.A truly irreplaceable luxury offering in one of Richmond Hill's most prestigious neighbourhoods. 3D tour at https://vt.torontohousetour.com/127-May-Ave/matterport2.php. More pictures at https://vt.torontohousetour.com/127-May-Ave/gallery2.php.
4 bedrooms, 5 bathrooms, about 5,000 sq ft, works out to roughly $700 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 127 May Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
10 spacesYes garage
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
13068
Listing & possession
Property style
2-Storey
Property class
Detached
127 May 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® N14136716$3,499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 127 May 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
$17,190
/mo
based on the purchase price of $3,499,000
$699,800 cash
$2,799,200 financed
$2,357,661 total interest
Principal54%$2,799,200
Interest46%$2,357,661
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 4–5 bed homes for sale in Richmond Hill around $3.5M.
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 127 May Ave
How much is 127 May Ave listed for?
127 May Ave is listed at $3,499,000 (MLS® N14136716). Summitly updates the price as soon as the MLS® record changes.
Is $3,499,000 a good price for 127 May Ave?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 127 May Ave changed?
No — 127 May Ave is still listed at its original asking price of $3,499,000.
How many bedrooms and bathrooms does 127 May Ave have?
127 May Ave has 4 bedrooms and 5 bathrooms, with about 5,000 square feet of living space. It is a detached home in Richmond Hill.
How much would the monthly mortgage be on 127 May Ave?
About $17,190 a month — principal and interest on $3,499,000 with 20% down ($699,800), 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 127 May Ave compare with other homes in Richmond Hill?
Its asking price of $3,499,000 is about 207% 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 127 May Ave been sold before?
Summitly has no earlier MLS® sale or lease of 127 May Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 127 May Ave?
127 May Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 127 May Ave been on the market?
1 day — 127 May Ave was listed on November 1, 2026.
What is the price per square foot of 127 May Ave?
About $700 per square foot: the asking price of $3,499,000 over the 5,000 sq ft the listing gives.
Does 127 May Ave have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 127 May Ave have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out.
