32-234 King Road, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13457898

$1,100,000
For Sale
Listed 124 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Luxury Living in Oak Ridges - Brand New Townhome by Carval Homes Welcome to Macau, an exclusive new community, located in the heart of Oak Ridges, Richmond Hill.
  • Beautifully appointed with 3 spacious bedrooms, 3 bathrooms, a private backyard, and an attached garage with direct interior access, this home is thoughtfully...
  • Step into a bright, open-concept main floor featuring a chef-inspired kitchen with quartz countertops, an oversized island, and upgraded cabinetry.
  • Upstairs, the primary suite is a serene retreat with a walk-in closet and a spa-like ensuite.
  • Located minutes to top-rated schools, scenic parks and trails, shops, GO Transit, and Hwy 400 & Hwy 404, this home delivers luxury, comfort, and connectivity in one...

Luxury Living in Oak Ridges - Brand New Townhome by Carval Homes Welcome to Macau, an exclusive new community, located in the heart of Oak Ridges, Richmond Hill. This exceptional 1, 750 sq. ft. 2-storey townhome is linked only by the garage, offering a greater sense of privacy and a layout that lives more like a semi-detached- perfect for those seeking space, comfort, and distinction. Beautifully appointed with 3 spacious bedrooms, 3 bathrooms, a private backyard, and an attached garage with direct interior access, this home is thoughtfully designed for elevated modern living. Step into a bright, open-concept main floor featuring a chef-inspired kitchen with quartz countertops, an oversized island, and upgraded cabinetry. The elegant living and dining areas are ideal for both entertaining and everyday relaxation, with refined finishes throughout. Upstairs, the primary suite is a serene retreat with a walk-in closet and a spa-like ensuite. Two additional bedrooms, a full second bathroom, and convenient man level laundry. The unfinished basement offers endless potential to customize a home gym, media lounge, or guest suite. Step outside to your private backyard, perfect for entertaining, gardening, or simply enjoying quiet time outdoors. Enjoy the convenience of an attached garage with direct access to the home, as well as driveway parking. Located minutes to top-rated schools, scenic parks and trails, shops, GO Transit, and Hwy 400 & Hwy 404, this home delivers luxury, comfort, and connectivity in one of Richmond Hill's most sought-after communities.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13457898
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
24 × 118 ft
Cross streets
King Rd & Shaver
Parking
1 garage · 2 parking (attached)
Driveway
Available
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Days on market
124
Listing brokerage
RE/MAX EXPERTS
Our TakeTeam Asgarian · Broker
No automatic estimate

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.

Considering this property? Request a written price read

Neighbourhood & location

Oak Ridges, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Oak Ridges Lake Wilcox
$1.02M
Jefferson
$999K
Westbrook
$1.07M
Rural Richmond Hill
$1.10M
Rouge Woods
$1.00M

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

Affordability
$5,013/mo
$218KIncome needed
5.1×Price ÷ income
$1,157Weekly cost
$18,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $5,013Estimated property tax $688Total carry $5,701

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,866per month

Mortgage amount $880,000 · 4.49% over 25 years

$220,000Down payment (20.0%)
$880,000Loan before insurance
$0CMHC premium
$5,553Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,866
Estimated property tax
$688
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,553

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18,475
Estimated closing costs
$18,475

Plus your down payment of $220,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/monthPayment at the qualifying rate

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

$579,701Total interest paid
$1,459,701Total of all payments
Principal $880,000 Interest $579,701
YearPrincipalInterestBalance
1$19,638$38,750$860,362
2$20,529$37,859$839,833
3$21,462$36,926$818,371
4$22,436$35,952$795,935
5$23,455$34,933$772,480
6$24,520$33,868$747,961
7$25,633$32,755$722,328
8$26,797$31,591$695,531
9$28,013$30,375$667,517
10$29,285$29,103$638,232
11$30,615$27,773$607,617
12$32,005$26,383$575,612
13$33,458$24,930$542,153
14$34,977$23,411$507,176
15$36,566$21,822$470,610
16$38,226$20,162$432,385
17$39,961$18,427$392,423
18$41,776$16,612$350,647
19$43,673$14,715$306,975
20$45,655$12,733$261,319
21$47,728$10,660$213,591
22$49,895$8,493$163,695
23$52,161$6,227$111,534
24$54,529$3,859$57,005
25$57,005$1,383$0

At the end of your 5-year term

Total paid over the term
$291,940
Principal paid down
$107,520
Interest paid
$184,421
Balance remaining
$772,480

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
2.2%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.4%
Gross yield
− Property tax $7,700− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,542

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

CallRequest a showing