86/88/90 Carmela Ave is a land in Richmond Hill, listed for $1,980,000.
1ATTN BUILDERS AND INVESTORS** These fully-serviced residential 3 lots in the prestigious Oak Ridges community are perfect for builders and homeowners alike, with approved plans for a 3,700 SF detached house on every Lot.
2The lots have paid servicing and pre-approved architectural plans, including a separate basement entrance.
3Just apply for your building permit to get started!
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Richmond Hill
About 86/88/90 Carmela Avenue
ATTN BUILDERS AND INVESTORS** These fully-serviced residential 3 lots in the prestigious Oak Ridges community are perfect for builders and homeowners alike, with approved plans for a 3,700 SF detached house on every Lot. The lots have paid servicing and pre-approved architectural plans, including a separate basement entrance. Just apply for your building permit to get started! This premier location offers luxury living with convenient access to top-rated schools, parks, shopping, dining, and major transit routes. The serene neighbourhood, surrounded by mature trees and upscale residences, is ideal for your vision
Richmond Hill land priced at $1,980,000 — book a tour to see if it fits your search.
Inside 86/88/90 Carmela Ave
Every detail from the listing, in one place.
Type
Land
Features & systems
Parking & garage
Parking spaces
0
Lot & land
Lot size (sqft)
15801
Listing & possession
Property class
Vacant Land
86/88/90 Carmela Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,727
/mo
based on the purchase price of $1,980,000
$396,000 cash
$1,584,000 financed
$1,334,144 total interest
Principal54%$1,584,000
Interest46%$1,334,144
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other homes for sale in Richmond Hill around $2.0M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,175Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 838 sales from Jul 15 – Oct 13, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 86/88/90 Carmela Ave
How much is 86/88/90 Carmela Ave listed for?
86/88/90 Carmela Ave is listed at $1,980,000 (MLS® N12923922). Summitly updates the price as soon as the MLS® record changes.
Has the price of 86/88/90 Carmela Ave changed?
Yes — it was first listed at $2,188,000 and is now $1,980,000, a drop of $208,000 (9.5%).
How many bedrooms and bathrooms does 86/88/90 Carmela Ave have?
The listing for 86/88/90 Carmela Ave doesn't publish its bedroom and bathroom count. It is a lot in Richmond Hill.
How much would the monthly mortgage be on 86/88/90 Carmela Ave?
About $9,727 a month — principal and interest on $1,980,000 with 20% down ($396,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 86/88/90 Carmela Ave compare with other homes in Richmond Hill?
Its asking price of $1,980,000 is about 74% above the median sold price in Richmond Hill over the last 90 days, $1,135,500, across 838 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 86/88/90 Carmela Ave been sold before?
Summitly has no earlier MLS® sale or lease of 86/88/90 Carmela Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 86/88/90 Carmela Ave?
86/88/90 Carmela Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 86/88/90 Carmela Ave been on the market?
201 days — 86/88/90 Carmela Ave was listed on March 26, 2026.
What is the lot size of 86/88/90 Carmela Ave?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 86/88/90 Carmela Ave?
About $36,075 in Ontario land transfer tax at the asking price of $1,980,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 86/88/90 Carmela Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 86/88/90 Carmela Ave?
The listing for 86/88/90 Carmela Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Richmond Hill.
