$1,675,000 - 128 Carmela Avenue, Richmond Hill
Detached for Sale in Richmond Hill
41 days on market- MLS Number
- N13105580
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Welcome to 128 Carmela a spacious and updated raised Bungalow on a quiet court location. This home is much larger than it appears ! The Great Room features hardwood floors and cozy gas fireplace 12 foot ceilings and a walk out to the deck and backyard. Plenty of windows add to the bright open feeling. The kitchen was recently updated with Quartz countertops, Stainless Steel appliances and new pendant lighting. The layout features a centre island with breakfast bar and pennisula servery adjacent to the formal dining room. What a great space to host family and friends! The Dining room has a beautiful bay type window and space for a large table and sideboard. Crown moldings, pot lights and neutrals colours. California shutters throughout the main living area. The Primary bedroom features double door entry, hardwood floors, crown mouldings a 4 piece ensuite bath and walk in closet. The ensuite features a large soaker tub, glass shower, granite countertops, heated floors and custom tilework. The 2nd bedroom has a semi ensuite bath, hardwood floors and 9 foot ceilings. Bedroom 3 features french doors, and Hardwood floors, this would also make a great office or den. The Main floor laundry is very handy, with newer washer and dryer, built in cabinets and access door to the garage. A side oak staircase leads to the ample basement space! There is a 4th bedroom with built in Murphy Bed, a full bath and large finished rec room. Above grade windows bring in plenty of light. Multiple storage areas and so much potential for more bedrooms, a 2nd kitchen, home theatre, craft room... the choice is yours! Enjoy this summer in the beautifully landscaped private yard with Garden shed. Double car garage and 4 parking spots on the driveway. Don't miss out on this beautiful home! ** PUBLIC OPEN HOUSE SUNDAY MAY 31st 2 - 4 PM **
Estimate your monthly payments for this property
Estimated Payment
$7,409.09/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Richmond Hill
Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Richmond Hill
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
128 Carmela Avenue, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $838/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.