Condo Living in Richmond Hill
Richmond Hill condos are located in the town of Richmond Hill, north of Toronto. The town offers all urban facilities to its residents. At a short distance from Richmond Hill are Canada’s Wonderland, Toronto Pearson International Airport and Toronto. Also see Newmarket new Condos.
There are a great variety of restaurants here, including Italian, Indian, Malaysian, Japanese, Chinese and Mexican offering their unique cuisines. For shopping, there are large malls, including Promenade, Hillcrest, South Hill Shopping Centre, Times Square, Smartcentres, Elgin Mills Centre and more. An abundance of natural beauty adds to the charm of Richmond Hill.
There are 166 parks here, the largest being the Richmond Green Sports Centre and Park, which holds several baseball diamonds, two ice-skating rinks, a large amphitheatre and a skateboard park. Richmond Hill condo residents also have access to 6 public swimming pools and an indoor wave pool.
The town is a favourite of golf lovers with golf clubs such as the Summit Golf & Country Club, the Bloomington Downs Golf Course and the Richmond Hill Country Club. Various events and festivals make Richmond Hill condos an exciting area to live in.
Richmond Hill Real Estate Condo Prices
Real state market of Richmond Hill is showing a sharp increase in prices in the past few months. With a 3.7% yearly increase and a quarterly increase of 2.1%, the average price of all properties in Richmond Hill stands at $1,000,000, as of April, 2020. The market is expected to show a steady climb in 2020.
Richmond Hill condominium prices are mirroring the overall properties trend, showing an average increase of 10% in prices, as of April 2020.
- One-bedroom condo prices in Richmond Hill stand at $445,000, showing a 6% increase year over year.
- Two-bedroom condo prices in Richmond Hill is $575,000, showing an 8% increase.
- Three-bedroom condominium prices in Richmond Hill stand at $697,000, showing a 13% hike.
These prices are only guidelines because location and unit size and features heavily impact prices of a particular condo unit.
Transit Options for Richmond Hill Condos
Richmond Hill condos are well-served by the existing transportation network. Bordering the eastern side of Richmond Hill is Hwy 404. It runs through the entire length of the town and intersects the Express Toll Route at the southern end of Richmond Hill.
Travelling through Hwy 404 and Don Valley Pkwy takes you straight to Toronto. Express Toll Route passes through the southern end of Richmond Hill and intersects Hwy 400 a short distance from the town. Many other major highways run nearby.
The public transportation network here includes VIVA rapid transit bus service that serves major routes. GO Transit on Richmond Hill line has two stations in the area: Richmond Hill GO train and bus station, and Langstaff GO train station. There are many bus stations close to these GO stations.
For air travel, the Toronto Pearson International Airport is only about 26 km from Richmond Hill condos. Driving in usual traffic takes about 30 minutes to reach the airport. Convenient transportation and proximity to the airport and Toronto contribute to make Richmond Hill condos an appealing location for investment.