“A little north, a little nicer” is the unofficial motto of Richmond Hill, and it couldn’t be more accurate. The town, despite its all growth and prosperity, has kept its friendly and humble identity alive. Part of the Greater Toronto Area, Richmond Hill is Canada’s most populous and one of the most prosperous towns of the country. The town is known for its unique, ambitious spirit, multicultural population and robust economy.
Richmond Hill is one of the fastest growing boroughs, and this growth has stimulated rapid development and selling of condos in Richmond Hill area. In turn, yielding massive returns to the investors. The condo prices in Richmond Hill have gone through the roof, and the forecast is that it’s just getting started. The average price of a resale condo grew tremendously, generating around 28 percent returns. Sounds good? Of course, it does.
The Richmond Hill Regional Centre focused north and east around the juncture of Highway 7 and Yonge Street in the Town of Richmond Hill has been identified by the Province of Ontario as an Urban Growth Centre and a Mobility Hub, suggesting growth and investment in the nearby future.