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Listed 16 days ago

48 May Avenue

North Richvale, Richmond Hill

$2,599,000

Detached|Sidesplit 4
4 | 5 | 12
About this home

Discover unparalleled elegance and craftsmanship in this bespoke boutique residence, set on a rare 80 x 152 ft lot offering over 4,500 sq ft of beautifully appointed living space In coveted North Richvale. Step through a grand custom wood door into a breath taking entryway with elevated ceilings and exquisite wood paneling, set the tone for the home's timeless sophistication. Designer light fixtures, skylights, and soaring cathedral ceilings fill the space with natural light, creating a warm and Inviting ambiance. Meticulously crafted throughout, this custom home showcases exceptional attention to detail from custom-sized doors and crown mouldings to rich hardwood floors and smart lighting controls. A stunning double-sided fire place adds a touch of refined luxury, seamlessly enhancing multiple living spaces. The gourmet chef's kitchen Is both functional and striking, featuring top-tier Integrated appliances, a grand custom island, bespoke cabinetry, skylights, and an elegant designer chandelier Overlooking the award-winning landscaped backyard, it flows effortlessly into a spacious breakfast area, formal dining room, and a bright family room with large windows and charming cushioned window seats, The primary suite is a private sanctuary, highlighted by soaring cathedral ceilings, rich wood paneling, and a designer light fixture. A Juliette balcony invites natural sunlight, while the luxurious 6-piece, spa-inspired ensuite offers ultimate comfort and tranquility, The expansive lower level is designed for both relaxation and entertainment, featuring a large recreation area with high lookout windows and a projector screen-perfect for movie nights and gatherings out doors, enjoy your own private retreat complete with a custom cabana, sparkling pool, hot tub with automated cover, motorized patio awning, basketball hoop, and multiple zones for dining, lounging, and entertaining-an exceptional setting for both everyday living and hosting.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$12,507
Lot Size80.25 ft x 152 ft
mls© NumberN13584390
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,303
Property tax
$1,042
Heat allowance
$150
Housing costs
$14,495 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $519,800
25-yr amortization

Income needed

$446,000

gross annual household income

Payment at 4%
$10,937 / mo
Cash down
$519,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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