46 Maryvale Cres Richmond Hill

Detached Home

Property Summary

Located close to the intersection of Yonge and Carrville, 46 Maryvale Cres is a 5+1 bedrooms 9 washrooms Detached. The unit has a 5 Other Parking Spaces. The property has many nice features including Guest Accommodations and Built-In Oven. Living Room Rm, Dinning Room Rm, Kitchen, Breakfast Room, Family Room Rm, Library and Study Room are on the Main floor.

Commute Information

Langstaff Go Train Station (2km)

Location

Community Overview

46 Maryvale Cres is at the Heart of South Richvale Community. The community of South Richvale runs from Yonge St on the East to Highway 7 in the south, Bathurst St on the west, and Carrville Rd in the north. The community was one of Toronto's first commuter suburbs. The development coincided with the opening of the Richvale School in 1923. The significant real estate development started in the 1950s, and many residential houses were built around the 1970s. Homeowners occupy roughly 85% of the properties in South Richvale, and renters occupy 15%. In past 3 months, 10 Detached homes were sold at average of $2.22M. South Richvale is notable for its higher education; more than 60% of residents have a college degree or higher. Furthermore, Highway 7 on the south has a speed limit of 80Km and fewer traffic lights between Keele St and Bayview Ave. The Upper East Don River winds from north to south through the community. Anchored by a state-of-the-art Hudson's Bay, Hillcrest Mall is the only fully enclosed shopping center in Richmond Hill. South Richvale is now one of the most desirable Richmond Hill communities for Chinese families. Many marketers promote the community as South Rich Valley, highlighting it as a wealthy neighbourhood and its name, after translating to Chinese Cantonese, as a famous Hong Kong landmark, 'Lan Kwai Fong'.

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