If you are looking for land for sale in Richmond Hill Ontario, then you have come to the right place. Richmond Hill has an active real estate market. This rapidly growing suburban community also has a lot to offer, especially in terms of real estate investments and development. Read on to learn more about investing in this area:
About Richmond Hill
The southern part is highly industrial. It is also home to a significant portion of the local Chinese community. On the other hand, Central Richmond Hill is a mixed commercial and residential area, featuring entertainment centres, restaurants, plazas and malls. Northern Richmond Hill houses most of the local historical buildings.
Why Invest in Land For Sale Richmond Hill Ontario?
Richmond Hill is a comfortable and close- knit community, located a couple of minutes away from Toronto. The residents enjoy a low unemployment rate and a high average income. Economic growth in the 90s and 2000s attract industrial growth in the area. Significantly, Staples, Rogers Communications and Lexmark have their corporate headquarters in the area.
The town also has a large multi- cultural population, including local Canadians, Koreans, Arabs, West Asians, South Asians and Chinese communities. There are numerous parks and expansive natural green spaces which offer a quick escape from city life. Investors looking to buy land for sale Richmond Hill Ontario are usually attracted by:
a) Local Cultural Heritage
Richmond Hill is intimately connected to Toronto. As Toronto developed in the 1800s, Richmond Hill developed alongside it. By the 1990s, it was among the fastest growing communities in Canada.
b) Transport Network
Richmond Hill also has close connections with the Ontario road network. Express Toll Route Highway 407 and Highway 404 border the town to the south and to the east, respectively. The major roads providing access to Toronto include Leslie Street, Bayview Avenue, Yonge Street and Bathurst Street.
Additionally, York Region Transit and commuter train services are available to those looking for affordable public transportation.
c) Amenities and Shopping
Buying land in Richmond Hill is also a great investment decision. Whether you are looking to put up residential or business premises, the area has a number of shopping opportunities and other amenities. These include the Hillcrest Mall and other retail plazas such as Times Square and the Rutherford Marketplace.
Finally, Richmond Hill has more than 150 parks and other amenities, including ice rinks, skateboard parks and baseball diamonds. Most of these are located at the Lawn Tennis Club and the Green Sports Centre and Park.