Richmond Hill is a lovely city in the south-central York Region, Ontario, Canada.
This area is part of the Greater Toronto Area. This Toronto Suburb is the third municipality in York Region and 28th in Canada in terms of population. In fact, it’s home to one of the most multicultural communities in Canada.
The area is an amazingly fast-developing municipality in Canada, which is not surprising due to its proximity to Toronto. Maybe you cannot see the best Toronto condos in this area, but you can find great Toronto real estates in Richmond Hill. You can also follow Toronto real estate market stats to decide better about your future options.
History of Richmond Hill
Richmond Hill used to be a small settlement, located partially in the townships of Vaughan and Markham. Yonge Street Development was a base for the Richmond Hill Development. The street was first planned to be a military road, but the function changed. In 1872, the city was officially incorporated as a village, and its first Council Meeting was held on January 1, 1873, under the leadership of Abraham Law as Reeve.
As mentioned, the development of Richmond Hill occurred thanks to its proximity to Toronto. In the early 20th, many large greenhouses were developed in Richmond Hill, and massive rose growing made Richmond Hill the rose capital of Canada. In the 1920s, the council used the motto of the Duke of Richmond, after which the name might have been named. The fast-growing municipality caused the population to exceed 200,000 in 2014.
Richmond Hill Real Estate Guide
The average home price in Richmond Hill is $2,152,000. When it comes to detailed information, you need to know that the average price for a detached house in Richmond Hill is $2,679,000. As for condos, the average price is $761,000 in general, $805,000 for two-bedroom condos, and $610,000 for one-bedroom ones.
The most expensive neighbourhoods in Richmond Hill are Bayview Hill, South Richvale, Mill Pond, and Jefferson. The most luxurious one is Bayview Hill, with an average home price of $3,418,000. The cheapest neighbourhoods in this area, on the other hand, are Langstaff, Observatory, Harding, and Doncrest. Among these districts, Langstaff is the most affordable area, with an average price of $1,627,000.
Renting Prices in Richmond Hill
However, suppose you are a potential buyer. In that case, you need to know that the average price of renting in this area is $2,800 per month, and the average cost of a mortgage is $5,200 per month. Totally
Things To Do & See in Richmond Hill
Richmond Hill is an area with a history behind its name. You can see many elegant, old and historical Toronto buildings while you cross the Richmond Hill’s streets.
Explore the history in Richmond Hill Heritage Centre
If you are a history and heritage lover, make sure to visit Richmond Hill Heritage Centre. The architecture is lovely with Regency-style, built in the 1840s. The building has been amazingly preserved, offering exhibitions related to the history of Richmond Hill. While you visit this place, having an afternoon tea would be a great finish.
Look at the stars in the David Dunlap Observatory
The largest telescope in Canada is operating in the David Dunlap Observatory. It’s a fantastic idea to spend an evening watching the stars. Established in 1935, the observatory is also a great place to learn about astrology.
Relax in Wilcox Lake
Wilcox Lake is a fantastic place to escape from the hustle and bustle of the city. It’s home to three parks where you can have a picnic or relax. Besides, if you are a fishing lover, Wilcox Lake is where you can find largemouth bass, yellow perch, crappie, and northern pike. For adventure buffs, windsurfing on the lake is the ultimate option!
Have a great time in Richmond Hill Parks
There are many parks in Richmond Hill, among which the Richmond Green Sports Centre & Park is the largest one. It’s a 41-hectare park, offering different facilities, such as an ice-skating arena, 3 baseball diamonds and a football field. You can also see sheltered picnic areas, a waterpark, and a skate park. There are two other fantastic parks in this area as well, called Mill Pond Park and Phyllis Rawlinson Park.
Splash Around in the Wave Pool
Wave Pool is the only pool of its kind in Richmond Hill, featuring a massive wave pool and a thrilling 30-metre high waterslide. Besides, you can enjoy a hot tub, an on-deck sauna, and a water basketball net. Also, there are reclining chairs.
Go Shopping in Richmond Hill
The largest mall in Richmond Hill is Hillcrest Mall, with 135 shops, restaurants, and services, such as H&M, Pandora, Guess, and The Body Shop. There is also a food court that is fantastic for foodies!
Enjoy a show in Richmond Hill Centre for the Performing Arts
Richmond Hill Centre for the Performing Arts always has something to offer! It is a 4,000 square-metre multi-use cultural facility, and you can see what is going on in this centre on its website. In the summer, art lovers can enjoy Jazz concerts on Tuesday nights.
Read More : Most Visited Toronto Parks
Richmond Hill can be counted as one of the best places to invest in real estate in Toronto and one of the best places for life in the GTA. The area used to be a village, but now it is a part of Toronto. Its rapid development has made it so popular among people.
When it comes to real estate, you can find all types of Toronto homes you want, from Toronto condos to detached homes, etc. If you have found Richmond Hill a great place for life, make sure to contact a top ranked Toronto real estate agent to help you through the buying or renting process.