55 Avenue Rd Richmond Hill

Double Garages Detached Home

Property Summary

Located close to the intersection of S of Carville and W of Yonge, 55 Avenue Rd is a 4+2 bedrooms 5 washrooms Detached. The unit has a Double Built-In Parking Spaces. The property has many nice features including Carpet Free. Living Room Rm, Dinning Room Rm, Kitchen, Family Room Rm and Office are on the Ground floor.

Commute Information

Langstaff Go Train Station (2.1km)

Location

Community Overview

55 Avenue Rd 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, 11 Detached homes were sold at average of $2.48M. South Richvale is notable for its higher education; more than 60% of residents have a college degree or higher. Homeowners have access to about 10 bus lines, and bus stops are not very far from most houses. Morgan Boyle park offers playgrounds, splash pads, sports fields and two tennis courts. 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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