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8888 YONGE Street 412
Richmond Hill (South Richvale), Ontario
2bed2bath
Ontario
Richmond Hill (South Richvale) Real Estate
Browse homes for sale in Richmond Hill (South Richvale) • Median $2,214,950
$2,214,950Median Price
30Avg Days on Market
33Detached30Condo2Land2Commercial1Multi- Unit
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About Richmond Hill (South Richvale) Real Estate
Richmond Hill (South Richvale) is an affluent neighborhood located in the vibrant city of Richmond Hill, Ontario. Known for its stunning residential properties and well-manicured landscapes, South Richvale boasts a blend of luxurious homes and a serene environment. The area has a rich history dating back to the early 19th century when it was primarily a farming community. Over the decades, it has transformed into a sought-after suburb, attracting families and professionals alike, thanks to its proximity to Toronto and a range of top-notch amenities. Unique to South Richvale is its elegant architecture, featuring a mix of contemporary designs and classic styles, making it a picturesque neighborhood that stands out in the Greater Toronto Area.
What makes South Richvale particularly appealing is its commitment to green spaces and community. The area is home to several parks, including the popular Richvale Park, where residents enjoy walking trails, playgrounds, and picnic areas. The community is also known for its vibrant cultural scene, hosting events throughout the year, such as the Richmond Hill Winter Carnival and various farmers' markets. South Richvale's charm is further enhanced by its diverse population, which contributes to a rich tapestry of cultural experiences, from culinary offerings to local festivals.
Families with children are drawn to South Richvale due to its highly-rated schools, including Richmond Hill High School and St. Teresa of Lisieux Catholic High School. The neighborhood's safety and community-oriented feel make it an ideal place for raising children. Additionally, with its proximity to major highways and public transit options, commuting to downtown Toronto is convenient for professionals, further adding to the area's allure. Whether you're looking for a peaceful suburban lifestyle or a community with active social engagement, South Richvale has something to offer everyone.
90 active listings with a median price of $1,999,949.
Lifestyle & Community
Living in Richmond Hill (South Richvale) offers a perfect balance between suburban tranquility and urban conveniences. The neighborhood is characterized by its friendly community vibe, where neighbors often connect at local events and parks. Residents can partake in various community activities, from seasonal festivals to art shows, fostering a sense of belonging. The area also features numerous shopping centers like Hillcrest Mall and local boutiques, providing a diverse shopping experience. With its proximity to nature and cultural hubs, South Richvale allows residents to enjoy an active lifestyle while still having access to urban amenities.
Local Amenities
- Richvale Community Centre
- Richmond Hill Public Library - Central Branch
- Hillcrest Mall
- Local grocery stores (e.g., Longo's, Metro)
- Fine dining restaurants
- Cafés and coffee shops
- Parks and green spaces (e.g., Richvale Park, Bayview Hill Park)
- Sports facilities and arenas
- Public transit access (GO Transit, York Region Transit)
- Top-rated schools and educational institutions
Points of Interest
- Richmond Hill Heritage Centre
- David Dunlap Observatory
- Mill Pond Park
- The Wave Pool at Richmond Green
- Richmond Hill Centre for the Performing Arts
- The Richmond Hill Farmers' Market
- Bayview Hill Park
- The Richmond Hill Golf Club
- The Oak Ridges Moraine trail systems
Market Overview
The real estate market in Richmond Hill (South Richvale) is currently experiencing a robust phase, with 90 active listings and a median listing price of $1,999,949. Homes in this area typically spend an average of 30 days on the market, indicating a healthy demand for properties. Buyers should expect a competitive market characterized by a mix of luxury homes and family-oriented properties. With the ongoing interest in suburban living, particularly among professionals and families seeking more space, the trend is likely to continue as buyers are drawn to the area's amenities and quality of life.
Investment Outlook
Richmond Hill (South Richvale) presents strong investment potential, particularly for those interested in residential properties. The area's appeal to families and professionals makes it a desirable location for rental opportunities. As the population continues to grow, demand for rental units is expected to rise. Furthermore, ongoing development projects and the enhancement of local amenities suggest that property values may appreciate in the coming years, making it an attractive option for long-term investors.
Ideal For
Richmond Hill (South Richvale) is ideal for families seeking spacious homes in a safe, community-oriented environment, as well as professionals commuting to Toronto. First-time buyers will find attractive options, while retirees may appreciate the area's peaceful lifestyle. Investors will also find opportunities in the robust rental market, making this neighborhood appealing to a broad range of buyers.
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Living in Richmond Hill (South Richvale)
Lifestyle
Living in Richmond Hill (South Richvale) offers a perfect balance between suburban tranquility and urban conveniences. The neighborhood is characterized by its friendly community vibe, where neighbors often connect at local events and parks. Residents can partake in various community activities, from seasonal festivals to art shows, fostering a sense of belonging. The area also features numerous shopping centers like Hillcrest Mall and local boutiques, providing a diverse shopping experience. With its proximity to nature and cultural hubs, South Richvale allows residents to enjoy an active lifestyle while still having access to urban amenities.
Local Amenities
Richvale Community CentreRichmond Hill Public Library - Central BranchHillcrest MallLocal grocery stores (e.g., Longo's, Metro)Fine dining restaurantsCafés and coffee shopsParks and green spaces (e.g., Richvale Park, Bayview Hill Park)Sports facilities and arenasPublic transit access (GO Transit, York Region Transit)Top-rated schools and educational institutions
Market Insights
The real estate market in Richmond Hill (South Richvale) is currently experiencing a robust phase, with 90 active listings and a median listing price of $1,999,949. Homes in this area typically spend an average of 30 days on the market, indicating a healthy demand for properties. Buyers should expect a competitive market characterized by a mix of luxury homes and family-oriented properties. With the ongoing interest in suburban living, particularly among professionals and families seeking more space, the trend is likely to continue as buyers are drawn to the area's amenities and quality of life.
Investment Potential
Richmond Hill (South Richvale) presents strong investment potential, particularly for those interested in residential properties. The area's appeal to families and professionals makes it a desirable location for rental opportunities. As the population continues to grow, demand for rental units is expected to rise. Furthermore, ongoing development projects and the enhancement of local amenities suggest that property values may appreciate in the coming years, making it an attractive option for long-term investors.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$400K – $600K
5
$600K – $800K
7
$1.0M – $1.5M
10
$1.5M – $2.0M
4
$2.0M – $3.0M
12
$3.0M+
16
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Frequently Asked Questions About Richmond Hill (South Richvale)
There are currently 70 active residential listings in Richmond Hill (South Richvale). This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.