For Lease
Just Listed
38 May Avenue Bsmt #Bsmt
North Richvale, Richmond Hill, ON
$2,500
2Bd
1Ba
< 700sqft
2Parking
DetachedMLS# N13776670Listed 2026-09-121 DOM
Cooling
Central Air
Basement
Finished
Just listed! New listings in Richmond Hill often receive offers within the first week.
About this home
Rarely offered 2-bedroom, 1-washroom basement apartment featuring a separate entrance and its own private laundry. This charming and distinctive suite offers a spacious, well-designed layout with plenty of windows that bring in excellent natural light. Located at 38 May Avenue, just steps from Yonge Street and Sixteenth Avenue, and situated within the highly sought-after Ross Doan Public School and Alexander Mackenzie High School (IB) catchments. Minutes from Hwy 404, GO Transit, Hillcrest Mall, shopping, dining, hospitals, and community centres. Lease price is all-inclusive of utilities for added convenience and value. Photos are for reference only. Unit currently vacant and unfurnished.
Basement Apt
Rooms
Second Floor
| Bedroom 3 | 4.58 × 3.66 m | Hardwood Floor Semi Ensuite Walk-In Closet(s) |
| Bedroom 2 | 4.88 × 4.20 m | Hardwood Floor Semi Ensuite Walk-In Closet(s) |
| Bedroom 5 | 3.90 × 5.12 m | Hardwood Floor Semi Ensuite Walk-In Closet(s) |
| Bedroom 4 | 4.82 × 3.36 m | Hardwood Floor Semi Ensuite Walk-In Closet(s) |
| Primary Bedroom | 5.34 × 7.25 m | Hardwood Floor Gas Fireplace 7 Pc Ensuite |
Basement
| Kitchen | 7.09 × 4.88 m | Combined w/Dining Combined w/Living B/I Appliances |
| Recreation | 11.50 × 5.40 m | Gas Fireplace Wet Bar |
| Primary Bedroom | 5.41 × 4.04 m | Fireplace Large Window |
| Bedroom | 4.67 × 3.33 m | Walk-In Closet(s) Large Window |
| Bathroom | 3.10 × 1.68 m |
Other
| Kitchen | 4.73 × 3.08 m | Centre Island B/I Appliances Custom Backsplash |
| Den | 3.66 × 3.36 m | Marble Floor French Doors Moulded Ceiling |
| Breakfast | 5.34 × 3.89 m | Marble Floor Moulded Ceiling W/O To Porch |
| Dining Room | 4.89 × 3.66 m | Hardwood Floor Moulded Ceiling Pot Lights |
| Family Room | 5.34 × 4.43 m | Hardwood Floor Gas Fireplace Pot Lights |
| Living Room | 3.66 × 3.06 m | Hardwood Floor Moulded Ceiling Pot Lights |
Features
- Other
- Finished
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1248.0% – 1824.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Richmond Hill
Days on market1 days
Buyer's MarketSeller's Market
Based on active listings in Richmond Hill. Data updates daily.
Demographics — Richmond Hill
Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
58
/ 100
Walk Score
Somewhat Walkable
43
/ 100
Transit Score
Some Transit
42
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.