128 Carmela Avenue, Richmond Hill, ON
Oak Ridges, Richmond Hill · MLS® N13813178
About this home
In short
- Space, location and incredible potential come together in this beautifully maintained Oak Ridges home.
- The bright Great Room features high 12-foot ceilings, hardwood floors, gas fireplace, large windows and a walkout to the rear deck overlooking the landscaped private...
- The Primary Bedroom offers hardwood floors, a large walk-in closet and 4-piece ensuite with soaker tub, glass shower, granite countertops and heated floors.
- Close to Bond Lake, Lake Wilcox, parks and trails, shopping, dining, schools and transit.
Space, location and incredible potential come together in this beautifully maintained Oak Ridges home. Set on a generous lot on a quiet, desirable street surrounded by custom-built homes, this updated raised bungalow is much larger than it appears, offering exceptional living space plus exciting lower-level potential for multi-generational living or future income.The bright Great Room features high 12-foot ceilings, hardwood floors, gas fireplace, large windows and a walkout to the rear deck overlooking the landscaped private backyard. The updated kitchen features quartz countertops, stainless steel appliances, centre island with breakfast bar and peninsula servery adjoining the spacious dining area.The Primary Bedroom offers hardwood floors, a large walk-in closet and 4-piece ensuite with soaker tub, glass shower, granite countertops and heated floors. The second bedroom features semi-ensuite access, while the third bedroom with French doors can alternatively be used as a home office or den. Main-floor laundry provides direct garage access.The expansive lower level offers endless possibilities, with above-grade windows, an additional bedroom, full bathroom, finished recreation room and significant unfinished space. Create one or even two self-contained income-generating suites, an in-law suite or multigenerational living, or an incredible family living space. Enjoy a private landscaped backyard, double-car garage and four-car driveway. Close to Bond Lake, Lake Wilcox, parks and trails, shopping, dining, schools and transit.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13813178
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 2000-2500 sq ft
- Lot
- 68.53 × 134.59 ft
- Cross streets
- Maple Grive & Parker Ave
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,943 / 2026
- Days on market
- 27
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
french doors · hardwood floor · window
hardwood floor · above grade window · open concept
crown moulding · bay window · window floor to ceiling
hardwood floor · gas fireplace · w/o to deck
concrete floor · above grade window · unfinished
open concept · hardwood floor
tile floor · access to garage · laundry sink
hardwood floor · semi ensuite · closet
hardwood floor · walk-in closet(s) · 4 pc ensuite
vinyl floor · above grade window · double closet
concrete floor · open concept · above grade window
stainless steel appl · quartz counter · centre island
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Oak Ridges, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 $1,200,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,635
- Property tax
- $662
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,297
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,475
- Estimated closing costs
- $26,475
Plus your down payment of $300,000. 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
- $398,100
- Principal paid down
- $146,618
- Interest paid
- $251,483
- Balance remaining
- $1,053,382
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
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 COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.