New Home Developments in Richmond Hill ON

richmondhillAlmost quietly, Richmond Hill has grown to almost 200,000 residents which is Canada’s 26th largest city.

The astonishing speed of population growth is due to the fact it is covers a large area north of Toronto, and many Toronto area homeowners are selling and moving to Richmond Hill.

Looking for new homes in Aurora, Newmarket, Vaughan or Mississauga?

What gives Richmond Hill its special flavour is its proximity to Toronto to the south and the green belt to the north. With the spaces to grow act in full force, Richmond Hill is poised to keep its distinctive lifestyle advantage. Being so close to Toronto is a boon to businesses and career minded people.

Richmond Hill is about as far as most Toronto businesses will go to find service and product providers. The exodus of Toronto businesses to the 905 area code, and a wealth of educated workers of many nationalities has made Richmond Hill a strong economic force.

It only makes sense that where such excellent economic and lifestyle advantages exist, that demand for new homes in Richmond Hill would be strong. Richmond Hill’s population has a varied ethnic makeup comprised of 33% asian, 33% east indian, and 46% caucasian. New buyers of monster homes in the city have inspired some exciting new designs which you can see below in the Richmond Hill new homes gallery.

There are numerous small new home developments, custom builds taking place in Richmond Hill on an ongoing basis. One of the bigger developments you should be aware of his Richmond Green located at Bayview Avenue and Bloomington Rd.  A number of builders have announced new home developments here including Mattamy Homes and Regal Crest who have built new luxury homes in Vaughan.

Surrounded by beautiful parks, landscapes and trails, Bayview Gates is situated in a peaceful environment. The community offers the best of both the serenity of the countryside and luxuries of city. — from Regal Crest Homes.

Monster Homes in Richmond Hill

Here’s just a small sample of some of the newer mega-homes that have been built in Richmond Hill of late. Many are adorned with soaring high pitch roofs, stone facades and of course huge interor square footage.

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Acorn Homes is about to launch phase 2 of Oak Knoll near Yonge St and Bloomington Rd. Phase 1 saw the construction of a large number of luxury homes.

Current MLS Resales Statistics in Richmond Hill

Resale property transactions were evenly spread throughout Richmond Hill’s 18 MLS districts. The northern area of the city is where you’ll find new multi-million dollar mansions and custom builds.

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Bayview Gates at Richmond Hill

Regal Crest Homes is announcing homes ready for occupancy in October 2016 in a new community call Bayview Gates at Richmond Hill.

Check out the floorplans.

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See more on the Toronto Housing Market and the influence of the massive US real estate housing market.