$5,500,000
Est. payment $24,353/moCalculate yours
116 OAK Avenue, Richmond Hill, ON L4C 6R7
South Richvale, Richmond Hill, ON L4C 6R7
- 5 + 1 Beds
- 9 Baths
- 2 Garage
- 5,000 Sq Ft
Listing courtesy of RE/MAX REALTRON REALTY INC. MLS® N13607706
About this home
Sleek & stunning contemporary masterpiece in prestigious South Richvale offering over 11,170 sq.ft. of luxurious living space, including approximately 6,400 sq.ft. above grade plus a spectacular 3,770 sq.ft. lower level. Designed with uncompromising attention to detail, this exceptional residence features 5+1 bedrooms, 9 designer washrooms, 12-ft ceilings on the main floor, 10-ft ceilings on the upper level, and 9.5-ft ceilings below grade. A grand arrival begins with the heated driveway and heated walkways, setting the tone for the extraordinary luxury found throughout. A breathtaking 27-ft sun-filled central atrium with soaring ceilings and multiple skylights creates an unforgettable first impression, while the custom open-rise Art Deco-inspired hardwood staircase with intricate railings serves as the home’s architectural centrepiece. Heated tiled floors, zen-inspired clean lines, and expansive open-concept living spaces blend warmth with sophisticated contemporary design. The chef-inspired kitchen showcases premium Miele appliances, a fully equipped prep kitchen, premium cabinetry, and a dramatic stone waterfall centre island. The lavish primary retreat features a private balcony, His & Hers walk-through closets, and a spa-inspired 7-piece ensuite complete with a steam shower and heated floors. Designed for exceptional entertaining and wellness, the sprawling lower level offers a home theatre, wine cellar, recreation room, games room, wet bar, nanny suite, and a private gym with sauna and 3-piece bath. Additional luxury features include a 4-level elevator, Control4 home automation, Sonos surround sound throughout, and automated window coverings. The spectacular resort-style backyard is an entertainer’s dream, highlighted by an oversized covered veranda, outdoor BBQ kitchen, pergola, spa jacuzzi, and a magnificent 20 x 40 ft. saltwater inground pool, creating the ultimate private oasis for relaxing and entertaining in style.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 5,000 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 9
- Kitchens
- 2
- Basement
- Finished with Walk-Out, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Rolled
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60 x 241 Feet
- Parking
- Built-In garage · 6 total
Financial
- Property Taxes
- $23,592 (2025)
Location
- Neighbourhood
- South Richvale
- Cross Street
- YONGE/ 16TH/ Westwood Lane
- Direction Faces
- North
Listing
- MLS® Number
- N13607706
- Days on Market
- 83
- Listed On
- 2026-07-27
- Possession
- 60/90/tba
- Listed By
- RE/MAX REALTRON REALTY INC.
Rooms
Features
Interior
- Sauna
- Steam Room
- In-Law Suite
- Atrium
Pool
- Inground
- Other
Mortgage calculator
Estimated mortgage payment
$24,353 per month
- Principal and interest
- $24,353
- Property tax
- $1,966
- Condo fees
- $0
- Estimated monthly cost
- $26,319
Your mortgage
- Mortgage amount
- $4,400,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,905,843
Cash to close
- Down payment
- $1,100,000
- Land transfer tax
- $123,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,223,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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