126 Carmela Avenue, Richmond Hill, ON
Oak Ridges, Richmond Hill · MLS® N13095182
About this home
In short
- Lovingly cared-for one-family spacious 3+1 bedroom, 3 bathroom bungalow on a quiet cul-de-sac near King Rd and Yonge St.
- Open concept main floor with very large tiled foyer, combined living room and dining room (tray ceiling) have hardwood floors as does the main floor family room with...
- Very large tiled family room with gas fireplace (needs servicing due to lack of use) open to a dining area and open kitchen, 4th bedroom, huge games room, several...
- The lower level also has a 3 pc bathroom.
- Close to excellent public and private schools, community centre, parks, public transit, and shopping.
Lovingly cared-for one-family spacious 3+1 bedroom, 3 bathroom bungalow on a quiet cul-de-sac near King Rd and Yonge St. Open concept main floor with very large tiled foyer, combined living room and dining room (tray ceiling) have hardwood floors as does the main floor family room with vaulted ceiling and fireplace. Family room is open to the breakfast area and kitchen with French doors walkout to a composite deck and sunny back garden. The lower level is like a house unto itself. Very large tiled family room with gas fireplace (needs servicing due to lack of use) open to a dining area and open kitchen, 4th bedroom, huge games room, several storage rooms, and a cold room. The lower level also has a 3 pc bathroom. Close to excellent public and private schools, community centre, parks, public transit, and shopping. Two car garage with direct entry through the main floor laundry room. This is a great north Richmond Hill location, nestled off Yonge between Highway 404 and Highway 400. Perfect for a family, downsizers, or your very first home.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13095182
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 52.62 × 135 ft
- Cross streets
- Yonge and King Rd
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Separate Entrance, Walk-Up, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,429 / 2025
- Days on market
- 165
- Listing brokerage
- EXP REALTY
Rooms
Hardwood Floor
combined w/living · hardwood floor · crown moulding
double sink · bidet · soaking tub
tile floor · double sink · accoustic ceiling
hardwood floor · crown moulding · picture window
Tile Floor
hardwood floor · vaulted ceiling(s) · pot lights
closet · accoustic ceiling
combined w/kitchen · french doors · w/o to deck
parquet · closet
tile floor · gas fireplace · accoustic ceiling
hardwood floor · 6 pc ensuite · walk-in closet(s)
tile floor · double sink · granite counters
stainless steel sink · closet · w/o to garage
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $669/sqft; this home lists at $633/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Oak Ridges, Richmond Hill, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,140,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,303
- Property tax
- $619
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,922
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,975
- Estimated closing costs
- $24,975
Plus your down payment of $285,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $378,195
- Principal paid down
- $139,287
- Interest paid
- $238,908
- Balance remaining
- $1,000,713
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.