April 2025: Richmond Hill Real Estate Trends!
Richmond Hill: Reality check! 30-day market breakdown, straight to you for the inside scoop!
Single-family homes? Sales are adjusting, but they’re moving faster in Richmond Hill! Average price? $1,830,000.
Condos? Sold listings are surging, and they’re selling quicker in Richmond Hill! Price? $847,000!
Ready to make your move in Richmond Hill? Your LifestyleVideos.com pro is waiting to help, right now! Stay informed, and stay ahead!
Why Richmond Hill?
Richmond Hill is one of the fastest-growing communities in the Greater Toronto Area. It’s located between Markham and Vaughan, north of Toronto. Its position gives you access to Highway 404, Highway 407, and GO Transit. This makes it ideal for people who commute into Toronto but want more space and quieter streets.
Over 202,000 people live here. It’s a suburban city with a growing mix of young families, professionals, and retirees.
Access to Top-Rated Schools
Families move to Richmond Hill for the schools. The York Region District School Board and the York Catholic District School Board operate multiple high-performing schools in the area.
Top examples include:
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Bayview Secondary School: Ranked as one of the best public high schools in Ontario.
https://www.compareschoolrankings.org -
Richmond Hill High School: Offers strong academic programs and student support.
https://www.yrdsb.ca/schools/richmondhill.hs
Access to good education is a major reason people search for Richmond Hill Real Estate.
Diverse and Safe Communities
Richmond Hill is one of the most diverse cities in Canada. Over 60% of the population identifies as a visible minority. The city has strong community programs and services in multiple languages. This attracts newcomers looking for a safe and welcoming environment.
Crime rates are among the lowest in the GTA, according to York Regional Police.
https://www.yrp.ca/en/crime-prevention/statistics.asp
Parks, Nature Trails, and Green Space
The city has over 166 parks. You’ll find walking trails, cycling paths, and community gardens.
Key examples:
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Mill Pond Park: Popular for picnics, walking, and live concerts in summer.
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Richmond Green Sports Centre and Park: One of the largest in the region. Offers sports fields, a skatepark, and a seasonal farmer’s market.
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Oak Ridges Moraine: Part of it runs through Richmond Hill. This is a conservation area with hiking trails and forested areas.
https://www.ontarioparks.com
If you want nature close to home, Richmond Hill real estate puts you near it.
Healthcare and Senior Support
Mackenzie Health Hospital is located in southwest Richmond Hill. It’s a modern facility with emergency care, diagnostics, and surgical services.
https://www.mackenziehealth.ca
Seniors benefit from dedicated community services. There are also retirement homes and assisted living options throughout the city.
Real Estate Options
Richmond Hill Real Estate includes condominiums, townhomes, and detached homes. New developments are rising in Oak Ridges, Jefferson, and the Bayview Hill area.
Buyers find value here. Compared to downtown Toronto, price per square foot is lower. But demand is high, especially near transit routes and top schools.
Home prices in early 2025 averaged around $1.4 million for detached homes.
https://houseSigma.com
Condos and townhomes offer more affordable entry points, especially for first-time buyers.
If you are downsizing, Richmond Hill real estate provides options without losing access to services.
Public Transit and Commuting
Richmond Hill Centre is a major transit hub. It connects you to:
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GO Bus and GO Train services to Union Station
https://www.gotransit.com -
YRT and Viva Rapid Transit throughout York Region
https://www.yrt.ca
Richmond Hill is building a new subway extension that will connect the Yonge Line deeper into the city. This project is part of Ontario’s transit plan.
https://www.metrolinx.com
For car commuters, Highways 7, 404, and 407 make it easier to reach major job zones.
Job Opportunities and Local Economy
Richmond Hill supports businesses in tech, healthcare, finance, and manufacturing. The city has over 5,000 companies, many in the tech corridor between Markham and Richmond Hill.
You don’t have to work in Toronto to have a high-income job.
The city supports small business owners with economic development services.
https://www.businessrichmondhill.ca
Shopping, Dining, and Local Amenities
Hillcrest Mall is the main shopping centre. It features national retailers, specialty stores, and restaurants. There are also ethnic grocery stores, markets, and locally owned shops across the city.
Dining is diverse. You’ll find Chinese, Persian, Italian, Indian, Korean, and Middle Eastern cuisine.
Richmond Hill Centre for the Performing Arts hosts concerts and live theatre.
https://www.rhcentre.ca
The city also runs multiple community centres, public libraries, and recreational programs for all ages.
Should You Move to Richmond Hill?
Ask yourself:
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Do you want more space for your family?
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Do you want to live near good schools?
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Do you want access to nature and safety?
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Do you want more value per square foot than Toronto?
If yes, Richmond Hill real estate deserves a closer look.
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Final Thoughts
Richmond Hill combines access to urban services with suburban privacy. It appeals to families, professionals, and retirees. The real estate market remains strong and diverse.
Whether you’re buying or selling, it’s smart to have someone who knows the neighborhoods, the school zones, and the market trends.
Find out what your property is worth. See homes before they hit the market. Book a local video tour or listing walkthrough.
Whether you’re buying, selling, or investing, use LifestyleVideos.com to get local insights, compare properties, and connect with experts who know Yonge-Eglinton Real Estate.
Discover more about the best places to live, in our Top 10 GTA Areas to Live series!
