Property Summary

Located close to the intersection of Yonge and Carville, 80 Oak Ave is a 4+1 bedrooms 6 washrooms Detached. The unit has a 3 Built-In Parking Spaces. The property has a finished Walk-Out basement. The property has many nice features including Clear View. Living Room, Dinning Room, Library, Kitchen, Breakfast Room and Family Room are on the Ground floor; Primary Bedroom, second bedroom, third bedroom and fourth bedroom are on the second floor; Recreation Room and Media and Entertainment Room are in the basement.

Commute Information

Langstaff Go Train Station (1.7km)

Location

Community Overview

80 Oak Ave 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, 13 Detached homes were sold at average of $4.69M. South Richvale is notable for its higher education; more than 60% of residents have a college degree or higher. In 80 Oak Ave neighbourhood, you will find many residents are Italian, Greek, Chinese, Iranian, and Canadian. The future Yonge North Subway Extension will also enhance the commute for residents. Morgan Boyle park offers playgrounds, splash pads, sports fields and two tennis courts. Many top-notch retailers include Indigo, Marshalls+Homesense, Swarovski, Carbon and Old Navy. 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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