Richmond Hill Mortgages
Richmond Hill has a great property market and an above average household income (reported at over $100,000), with average real estate prices ranging from $400,000 (Harding) to over $1,470,000 (Bayview Hills). With a growing population and added infrastructure, prices are expected to continue rising.
The whole city is undergoing significant development with a number of new condos being built along Yonge St, close to the GO train station and new subdivisions in the North. Yonge St and 16th Ave is a key development area, as identified by the town’s official plan, and with a potential Yonge Street subway extension, the city plans to bring further density to the neighbourhood that will ideally draw a greater mix of incomes.