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FIFTH AVENUE HOMES RICHMOND HILL

Fifth Avenue Homes Towns is a New Townhome development by Fifth Avenue Homes located at King Rd & Yonge St, Richmond Hill.

Fifth Avenue Homes

  • Preconstruction

  • Detached, TownHouse, Freehold

  • 3 - 3 Bedrooms

  • 5 - 5 Bathrooms

  • 2703 - 2703 Sqft

  • occup 2024
Last Update : 18 December 2023
Starting from $1,669,000

Project Overview

This new development is close to key transit hubs located in Richmond Hill. A family-friendly community to create your future.

Location

Richmond Hill, with a population exceeding 206,000 people, stands as the third most populous municipality in York Region. It provides an exceptional environment for residence, work, and recreation, particularly notable for its continuous growth and ongoing developments.

Hosting a high-tech cluster with over 5,000 companies and offering more than 75,000 jobs, Richmond Hill has gained recognition as one of Ontario's safest and cleanest cities.

The city boasts numerous expansive shopping malls, gourmet restaurants, leading medical facilities, as well as parks and conservation areas.

Residents can partake in a variety of outdoor recreational pursuits in Richmond Hill, including hiking, biking, swimming, fishing, canoeing, kayaking, golfing, and cross-country skiing.

Neighborhood Highlights

Oak Ridges, situated approximately 20 km north of Toronto with an estimated population of around 36,000 people (as of 2015), has evolved around Lake Wilcox, the largest lake in the vicinity and a distinct community within Oak Ridges. Following its annexation by the Town of Richmond Hill, the town has experienced gradual expansion.

Lake Wilcox, a short drive away, features a picturesque beach area utilized for recreational activities and summer camp programs. The population has seen significant growth, spurred by development initiatives along Bayview Avenue. Responding to community demand, the Oak Ridge’s Community Center was constructed and completed in June 2012.

Richmond Hill, in proximity, boasts over 166 parks, 150 km of trails, and 544 hectares of natural areas, providing ample opportunities for exploration. Conveniently located near shopping, take-out options, and dining along Yonge Street just north of King Side Road, Oak Ridges offers a diverse and accessible range of amenities.

Transit and Accessibility

Abundant transportation and transit choices characterize the area. Residents have easy access to Highway 404, Gormley GO station, and York Region Transit routes, all just minutes away. The forthcoming Yonge Subway Extension is poised to bring additional benefits to the community. Beyond convenient travel options, the immediate vicinity boasts numerous amenities, including schools, parks, trails, golf courses, recreational facilities, and shopping centers.

Richmond Hill is well-served by York Region Transit (YRT) and its Viva bus rapid transit network, offering extensive bus services within the town and linking it to neighboring municipalities. The Viva service operates along crucial corridors, ensuring faster and more frequent transportation. The town is seamlessly connected to the Greater Toronto and Hamilton Area (GTHA) through GO Transit, facilitated by the Richmond Hill GO Station, part of the comprehensive GO Transit rail network. Commuter train services and additional GO buses further enhance regional connectivity.

Major highways, such as Highway 404 and Highway 407, efficiently link Richmond Hill to Toronto and surrounding regions, providing a convenient option for commuters by car.

In a commitment to sustainable transportation, Richmond Hill has actively improved cycling and pedestrian infrastructure, fostering the development of bike lanes, multi-use trails, and pedestrian-friendly zones.

The town has likely undertaken various accessibility initiatives to ensure that public spaces, facilities, and transportation services cater to individuals with disabilities. This commitment may involve features such as accessible buses, ramps, and facilities aligned with the Accessibility for Ontarians with Disabilities Act (AODA).

City Growth & Development

Richmond Hill stands out as one of the rapidly expanding communities within the Greater Toronto Area (GTA). Over the years, the town's population has consistently grown, driven by factors such as suburbanization, economic opportunities, and its proximity to Toronto. The escalating demand for housing has resulted in diverse residential developments, encompassing new housing complexes, condominiums, and suburban neighborhoods. Richmond Hill has successfully accommodated a variety of housing types to cater to different lifestyles and demographics.

The town has become a magnet for businesses and commercial enterprises, significantly contributing to its economic growth. This surge has given rise to business parks, office spaces, and retail developments, effectively meeting the demands of the burgeoning population. Recognizing the need for infrastructure enhancements to support this growth, Richmond Hill has likely invested in upgrading roads, public transportation, and essential services. The potential extension of transportation networks, such as the planned Yonge Subway Extension, holds the promise of further influencing the town's growth and connectivity.

Prioritizing the well-being of residents, there has been a concerted effort in Richmond Hill to develop cultural and recreational facilities. Parks, community centers, libraries, and cultural spaces have emerged as focal points, enriching the overall quality of life in the community.

Environmental consciousness is a key aspect of the town's development strategy. Initiatives centered around green spaces, energy efficiency, and sustainable transportation options underscore a commitment to responsible and eco-friendly growth.

Effective urban planning is pivotal in managing this growth, and Richmond Hill is likely guided by a comprehensive plan. This plan encompasses development strategies, zoning regulations, and land use policies, ensuring the creation of a balanced and sustainable community.

Development Features

Unexpected details await in this residence:

  • Aluminum railings with glass inserts, as required by the Ontario Building Code or decorative ones on front elevations.
  • A natural gas fireplace with spark ignition and a pre-cast limestone mantel (single-sided).
  • 8' high, two-panel smooth finish doors on the main floor.
  • Square decorative wood columns, per plan, for half and/or full columns.
  • Kitchen featuring a first-upgrade backsplash above the counter.
  • Master bedroom with a walkout balcony, grand en-suite, and spacious walk-in closets.
  • Walk-in closet organizer in the master bedroom (one per suite).
  • Gas-ready program, including a barbecue line rough-in to the rear of the home and two additional gas line tee's in the basement.
  • Steep roof pitches to enhance elevations.
  • An elegant municipal address plaque.
  • Ten halogen interior pot lights, as per purchaser’s selected locations.

Exterior features:

  • Architecturally controlled and pre-selected exterior colors and materials.
  • Exterior materials such as clay brick, stone, insulated finishing systems, and complementary details.
  • Maintenance-free pre-finished aluminum and/or vinyl soffits, fascia, eaves-trough, and downspouts, color-coordinated.
  • Energy-efficient thermopane fixed vinyl casement windows at front, rear, and side elevations.
  • Low E Argon filled windows, caulked with high-quality caulking.
  • Insulated front entry door with weather stripping and deadbolt.
  • French or garden doors at the rear.
  • 8' doors (main door from house to garage, rear garden/French doors).
  • Rear covered balcony with black aluminum railing and pickets.
  • Deadbolt locks for all exterior swinging doors.
  • Cold storage room in the lower level.
  • High-grade asphalt shingles with a 25-year warranty.
  • Two exterior hose bibs.
  • Exterior lighting.
  • Paved driveway with base coat and a second coat on the driveway apron.

Energy-efficient features:

  • HRV system for fresh air distribution.
  • Programmable electronic thermostat.
  • Low-flow toilet system.
  • Sealed basement ducts.
  • Steel insulated roll-up garage door.

Construction details:

  • Ceiling heights varying per level.
  • Poured concrete foundation walls with damp proofing.
  • Reinforced concrete garage floor slab.
  • 2” x 6” exterior wood wall construction.
  • 5/8” plywood tongue and groove sub-floors.
  • Roof trusses with ties to minimize uplift.
  • Engineered floor joist system.
  • Drywalled and taped garage walls.
  • Sloped garage floor and driveway for drainage.

Interior features:

  • Attention to detail with screws for drywall application.
  • 5 1/4” baseboard and 3” window casing.
  • Oak staircase with Oak Veneer Stringers and Oak Nosing.
  • Natural Oak interior handrail with natural Oak pickets.
  • 4” natural Oak engineered hardwood flooring.
  • Imported porcelain tile in select areas.
  • Structured wiring for integrated smart home features.
  • Choice of deluxe cabinets and granite or quartz countertops in the kitchen and bathrooms.
  • High-efficiency gas furnace.
  • R22 insulation in exterior walls above grade.
  • R31 & R60 insulation in the attic.
  • Spray foam insulation in the garage ceiling.
  • Low VOC paint on walls.
  • Electrical features including 100 Amp service, Decora switches and plugs, and various pre-wiring options.
  • Plumbing features such as PEX pipe and shut-off valves for sinks and basins.
  • Pre-finished melamine shelving and metal dowels in all closets.

Investment Opportunities

Investing in this project is a smart choice due to its strategic location in the rapidly growing Richmond Hill, offering potential for long-term appreciation. The development boasts meticulous attention to detail, modern amenities, and a diverse range of housing options, ensuring broad appeal to a varied demographic. With a strong focus on energy efficiency, smart home features, and upscale finishes, this investment promises both a luxurious lifestyle for residents and strong potential returns for investors.

Construction Timeline

Fifth Avenue Homes Richmond Hill is currently in the preconstruction phase, offering an exciting opportunity to get in early on a burgeoning real estate venture. This phase allows investors and homebuyers to secure prime properties at advantageous rates before the full development is underway. With a strategic location in Richmond Hill, this project is poised to benefit from the town's growth and increasing demand for quality housing. Future residents can anticipate modern design, upscale features, and a well-planned community. Investing during the preconstruction phase ensures access to potential appreciation and premium choices within this promising development.

Developer

Fifth Avenue Homes takes the lead as the developer of this project, bringing a wealth of experience and a proven track record in crafting exceptional residential spaces. Known for their commitment to quality construction and innovative design, Fifth Avenue Homes ensures a signature touch in every development. With a focus on creating thriving communities, their projects often feature modern amenities, thoughtful layouts, and sustainable design elements. As the driving force behind this venture, Fifth Avenue Homes is dedicated to delivering homes that meet the evolving needs of residents while contributing to the overall growth and appeal of Richmond Hill.

Highlights

  • Richmond Hill Go Station, alongside Highways 7, 407, and 404, ensures seamless connectivity.
  • Within a 10-minute drive, discover major retailers like Home Depot, Canadian Tire, Walmart, Costco, and an array of dining options.
  • Enjoy the proximity of the trail system at Phyllis Rawlinson Park, just a short walk away.
  • Richmond Green Sports Park is easily accessible for recreational activities.
  • Leading schools in the region add to the educational appeal.
  • Enveloped by verdant parks and top-tier golf courses, the surroundings are rich in natural beauty.
  • Abundant choices for outdoor recreation and relaxed strolls enhance the overall lifestyle.
  • Experience high-quality living with a perfect blend of urban convenience and scenic charm.
  • Hillcrest Mall's close proximity offers everything from upscale fashion to gourmet dining.
  • Quick highway access adds to the convenience of this desirable location.

Conclusion

Investing in this project is a compelling choice, offering a unique opportunity to be part of a meticulously designed development by Fifth Avenue Homes in the flourishing Richmond Hill. With strategic access to key amenities, schools, and major highways, the project ensures convenience and connectivity. The developer's proven expertise and commitment to quality make it a promising venture for potential appreciation. As the project is currently in the preconstruction phase, early investors can secure advantageous rates and premium choices, making it a wise and potentially lucrative investment for the future.

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300 Richmond St W #300, Toronto, ON M5V 1X2

   

inquiries@Condoy.com

  

(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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